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Life at sea i.e. life in the Indian Navy offers you a great standard of life having respect, honor and adventure. Apart from these things Indian Navy offers you a handsome salary and fabulous allowances. While searching for a job, everything looks for a job which can offer him/her a great standard of life (i.e. a decent amount of money) along with job satisfaction.
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Here is a glimpse of the salary Structure of the Indian Navy Officers:
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Pay band according to Rank:
|
Sr.No.
|
Rank
|
Pay/Band
Scale
|
Pay Band/Scale
|
Grade
Pay
|
Msp
|
|
1.
|
Sub Lieutenant
|
Pb-3
|
15600-39100
|
5400
|
6000
|
|
2.
|
Lieutenant
|
Pb-3
|
15600-39100
|
6100
|
6000
|
|
3.
|
Lt.Commander
|
Pb-3
|
15600-39100
|
6600
|
6000
|
|
4.
|
Commander
|
Pb-4
|
37400-67000
|
7600
|
6000
|
|
5.
|
Captain
|
Pb-4
|
37400-67000
|
8700
|
6000
|
|
6.
|
Commodore
|
Pb-4
|
37400-67000
|
8900
|
6000
|
|
7.
|
Rear Admiral
|
Pb-4
|
37400-67000
|
10000
|
6000
|
|
8.
|
Vice Admiral
|
Pb-4
|
37400-67000
|
12000
|
6000
|
|
9.
|
Chief Of Commands
|
Apex Scale
|
80000
|
–
|
–
|
|
10.
|
Chief Of Navy
|
Chief
|
90000
|
–
|
–
|
Allowances in the Indian Navy:
|
Allowances
|
To whom granted
|
Rate Per Month (pm) (in Rs)
|
|
Instructional
|
All Officers posted as Instructors
|
2250/pm
|
|
Marcos
|
Qualified as Marcos
|
11250-17500/pm
|
|
Diving
|
Clearance/Ships Diver
|
1000/500/pm
|
|
Sea going
|
All Naval Officers Serving
onboard ship on basis of Rank
|
5250-6500/pm (Sailing Only)
|
|
Uniform
|
All Officers
|
20000 (Initial grant) &
6250 (Every 3 Yrs)
|
|
Hard Area
|
All Officers posted in Hard
Area as declared by Govt.
|
25% of basic Pay
|
|
House Rent
|
All Officers not provided with
Govt. Accommodation
|
10-30 % of (Pay Band+Grade Pay +MSP)
|
|
Transport
|
All Officers
|
1600-3200 ( + DA thereon)
|
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- Cost to Company (CTC): The CTC for a Sub Lieutenant would be approximately Rs. 77,750/- per month. This includes Basic Pay, DA, Grade Pay, Military Service Pay, House Rent Allowance and Transport allowance. These rates are subject to change.
- Privileges: In addition to the CTC mentioned above, Navy provides free Medical Facilities for self & dependents, Canteen Facilities, Entitled Ration, Mess/Club/Sports Facilities, Furnished Govt. Accommodation, and Car/Housing Loan at subsidized rates.
- Group Insurance & Gratuity:Â Insurance cover of Rs. 50 lakhs (on contribution) and Gratuity will be granted to the officer 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, hang gliding, wind surfing etc.
- Physical Fitness: In Naval Academy curriculum, a lot of emphasis is laid on physical fitness. You are therefore, advised to remain fit by undertaking regular physical exercise, sports, running, swimming, etc. so that you meet the training goals successfully.
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