Pay, Allowances and Allied Benefits - Agniveers will be paid a customised package of ₹30,000 per month with a fixed yearly increment. In addition, risk and hardship, dress and travel allowances will be paid.
Terminal Benefits - Seva Nidhi Package. Agniveers shall be given a one-time Seva Nidhi package comprising their monthly contribution along with matching contribution by the government on completion of their engagement period, as indicated below:-
| Year | Customised Package (Monthly) | In Hand (70%) | Contribution to Agniveer Corpus Fund (30%) | Contribution to Corpus Fund by GoI |
|---|---|---|---|---|
| All figures in Rs (Monthly Contribution) | ||||
| 1st Year | 30000 | 21000 | 9000 | 9000 |
| 2nd Year | 33000 | 23100 | 9900 | 9900 |
| 3rd Year | 36500 | 25550 | 10950 | 10950 |
| 4th Year | 40000 | 28000 | 12000 | 12000 |
| Total in Agniveer Corpus Fund | ₹5.02 Lakh | ₹5.02 Lakh | ||
| Exit after 4 years | ₹10.04 Lakhs as Seva Nidhi Package (absolute amount excluding interest) | |||
Note:
- Agniveers will not be required to contribute to any Provident Fund of the Government.
- There shall be no entitlement of gratuity and no pensionary benefits in the case of Agniveers.
- The 'Seva Nidhi' package will be exempt from Income Tax.
