Cost To Company (CTC) For A Sub-Lieutenant Indian Navy

3.5Kshares
3.4K
18
6
0

Cost To Company (CTC) For A Sub-Lieutenant Indian Navy. Many aspirants are asking the salary of a Sub-Lieutenant in the Indian Navy, which is perfectly fine because you should know everything related the career you want to choose. It is always better to know such details before opting a career. In this article, we are mentioning the cost to company CTC for a Sub-lieutenant of India navy including the allowances and benefits they get in the service. By seeing this, we can surely say that the Indian navy is the best career option for youngsters as they get huge responsibilities at the early stage of life.

Cost to Company (CTC) For A Sub-Lieutenant Indian Navy

The CTC for a Sub Lieutenant would be approximately Rs. 74,100/- per month. This includes Basic Pay, DA, Grade Pay, Military Service Pay, House Rent Allowances, Transport Allowance, Ration Allowance and kit Maintenance Allowance. These rates are subject to change.

Table of Contents

Privileges. In addition to the CTC mentioned above, Navy provides free Medical Facilities for Self & dependents/Canteen Facilities, Mess/Club/Sports Facilities, Furnished Govt. Accommodation, and Car/Housing Loan at subsidized rate.
Group Insurance & Gratuity. Insurance cover of Rs 50 lakhs (on contribution) and Gratuity as per the latest rules in force.
Leave Entitlements. On Commission, officers are entitled to 60 days annual and 20 days casual leave every year (subject to service exigencies). They are also entitled for 40% rail concession to any place and free travel (as per extant rules) for self and family. Leave during training period will be as per the Training Policy in force.
Sports & Adventure. The Navy provides facilities to pursue any sport of your liking. In addition, one can learn and participate in adventure sports, such as river rafting, mountaineering, hot air ballooning, hand gliding, wind surfing etc.

Indian Navy Pay Scale & Promotions

The promotion from Sub Lieutenant to Commander is on time scale basis and thereafter on selection basis subject to fulfillment of requisite service conditions. The Pay Scale and promotion criteria is as follows:-