HomeAFGIS Serving Personnel

AFGIS Serving Personnel

It has come to notice that fraudulent persons are making telephone calls to air veterans informing them about large amount of money payable to them from AFGIS and requiring them to remit some advance amount etc.

CURRENT LIFE INSURANCE SCHEMES (SERVING)

A number of Schemes have so far been introduced. Each Scheme is an improvement over the previous Scheme providing improved benefits in the event of death, disability or survival. Some of the Schemes have since been closed membership is accepted for Schemes other thanGIS-11 and FPLI-14 (Flying Branch only).

SURVIVAL BENEFIT CLAIM

At the time of retirement the saving element of contribution with interest accumulated on it along with bonus (if any) is paid to the member on the Survival Benefit Claim from 'AFGIS-212'. In case the member is entitled to pension the individual is provided Post Retirement Insurance Cover (PRIC) for which the nomination form 'AFGIS-224' is to be filled by the member.

AFGIS-212 : Survival Benefit Claim Single Copy
AFGIS-224 : Nomination (PRIC) In Duplicate Copy

DEATH CLAIMS(WHILE IN SERVICE wef. 01 Jul 2016)

In the event of death occurring before the terminal date (ie. while in service), the beneficiary will be paid as death benefit, the sum assured plus saving element of respective scheme for appropriate years of participation with interest. Sum assured against death benefit are as follows :-

  • Officers: Rs.75 Lakh + Rs.10 Lakh (For members covered under FPLI only).
  • Airmen: Rs. 37.5 Lakh + Rs.5 Lakh (For members covered under FPLI only).
  • NCs(E): Rs.18.75 Lakh.

Nomination

The accepted nomination for DSOPF / AFPP Fund held at AFCAO will be treated as nomination for AFGIS for the purpose of payment of death claim whilst in service. "In the event of nomination not being revised after marriage, first beneficiary is the wife / children of the deceased subscriber and subsequently the other family members". A member can nominate any of their family members for death benefits. The term "family member" for the purpose of nomination is as under:-

  • Family members
    • In case of married members. The wife, parents, children, minor brother(s), unmarried sister(s), deceased son’s widow and children and where no parents of the member is alive, a paternal grandparent; provided that if a member proves that his wife has been judicially separated from him and has ceased under the customary law of the community, to which she belongs to be entitled to maintenance, she shall henceforth be deemed to be no longer a member of GIS member’s family in matters to which these rules relate to unless the member subsequently intimates, in writing to Principal Director, AFGIS that she shall continue to be so regarded.

    • In case of unmarried member / widow / widower. Unmarried member/widow/widower without any children may nominate any person(s) to receive the amount that may stand to his credit in the event of his death. If he/she nominates more than one person he shall specify in the nomination the share payable to each one of the nominees in such a manner as to cover the whole of the amount. In the absence of any such nomination the beneficiaries would be mother and father in that order. In case, both the parents are not alive, a succession certificate from a Court of competent jurisdiction would be required to determine the beneficiaries.
    • .

Nomination by Exception: AFGIS (Form)-223. [In duplicate]

A member who desires to nominate any person other than beneficiaries nominated for DSOP/AFPP fund, may do so, by executing AFGIS-223. Such nominations must indicate the names and details of all the persons eligible to receive the benefit in specific percentages. The sum total of the percentage of benefit must not exceeding 100%. If this nomination (Form-223) has been executed prior to self marriage, then the same would become invalid on self marriage unless revised after the date of marriage. In the event of invalid Form 223, the death benefits will disbursed as per valid DSOPF/AFPPF nomination. In the event of invalid nominations, the first beneficiary is wife/children of the deceased member and subsequently the other family members.

Note:

  • All dues outstanding against a member / beneficiary in the books of AFGIS / IAFBA would be recovered as a first charge.
  • Whenever there are more than one nominee, the specific percentage of share of the nominee should be mentioned against each.

In case where the beneficiary is minor, the death benefit payable will be invested in Indian Air Force Social Security Deposit (IAFSSD) Cumulative Scheme of AFGIS until the beneficiary becomes major or on submission of Guardianship certificate from court of law.

Documents

Following documents are required to be forwarded by the beneficiary / Unit for payment of death benefit:-

  • AFGIS 230 (Death Claim Form) [Single Copy]: To be filled up by beneficiary. (Available only from AFGIS ).

  • AFGIS 227 (Bank Confirmation) [ Single Copy]: To be verified by the Bank Manager (Available only from AFGIS). Beneficiary must have a single account (Not a Joint account).

  • Appendix "F" [Single Copy]: As per format given in IAP 3601 need to be forwarded by Unit to AFGIS at the earliest.

Note : Part II of the Death Claim (AFGIS 230) is to be attested by Magistrate / AOC / Stn Cdr of any Air Force Unit.

DISABILITY CLAIMS

Every member who is invalided out of service due to disability by an Invaliding Medical Board (not Release Medical Board held at the time of retirement) on account of disability, whether attributable to service or not, is provided disability benefit at half the life cover for 100% disability and for lesser disability in the same proportion subject to a minimum disability of 20%.

NOTE : A disability detected in a Release Medical Board does not entitle the person to disability benefit since the scheme is structured on the philosophy of compensating an individual on whom Release/Discharge is enforced by the service by means of an Invaliding Medical Board. Here the stress is on discharge being enforced on the person. It may be noted that the disability pension granted by the pension authorities has no bearing on the grant of disability benefit by AFGIS. In case an individual is offered an alternative trade and refuses to accept it he would not be eligible for disability benefit. In view of the above the following are not eligible for disability benefit from AFGIS.

  • Personnel detected with disability in Release Medical Boards.
  • Personnel who refuse alternate employment (Remustering) on being detected with a disability.

Attributability:Attributability of disability to service is no consideration for payment of disability benefit. The main criteria is the degree of disability recommended by the Services Medical Board and invaliding out of service of a member, which must co-exist. However, the Society does not accept any liability for subsequent aggravation of disability.

Exceptions:Members invalided out of service for the causes given below are not entitled to any disability benefit irrespective of the percentage of disability :

  • Alcoholism.
  • Drug Addiction.
  • Self inflicted injuries.
  • Disability arising out of attempted suicide.
  • Any disability, arising out of intentional acts resulting in criminal conviction.
  • Invalided within one year of enrolment or on joining AF due to disability which is not attributable to service.
  • On refusal/ unwilling to accept/ remuster to other branch/ trade.

Disability Claim Forms :
Following Forms need to be filled in order to avail disability benefit from the Society :

FINAL WITHDRAWAL FROM SURVIVAL BENEFIT

1. Considering the increasing trend of the numbers of air warriors withdrawing their survival benefit balances which results on one hand in eroding of the funds available with AFGIS and, on; the; other, compromising the financial security of the air warriors and their beneficiary NoK, the Board of Trustees of AFGIS has approved revision of certain provisions of the scheme. The details of the revision is given below:-

  • (a) Final withdrawal will be admissible only once in the service career of the air warrior.
    (b) Final withdrawal from SB balance will be admissible only after the air warrior completes 15 years of actual service.
    (c) The max amount of final withdrawal will be restricted to 50% of the balance available.
    (d)Final withdrawal will be allowed only for purpose of defraying expenditure on higher education/marriage of a ward of the air warrior.

2. All other rules and provisions pertaining to the scheme will remain unchanged.

3. The revised policy will be effective from 01 Oct 15.


LOANS FROM AFGIS
House Building Loan (HBL)
Documents Required

AFGIS : HOUSE BUILDING LOAN (HBL) : RULES AND TERMS CONDITIONS

(Revised 01 Oct 16)

Application Form Cost Processing Fee (Click for details)

Loan Amount Admissible, No of Installments and Rate of Interest charged (Click for details)

IMPORTANT NOTE
Before applying for HBL from AFGIS, applicants must read the policy governing grant of HBL given in Chapter 10 of IAP 3601 and the AFGIS website (afgis.iaf.in) and AFNET. Applicants are also advised to consult Unit Adjutant / SAO.

ELIGIBILITY

Category

Officers

Airmen

NCs(E)

A.HBL for self-construction of a house or for purchase of residential plot or for purchase of house/flat from a pvt builder or for purchase of an existing house or for repayment of house loan taken from bank/financial institution or for renovation /extension of an existing house/flat

5 Years

5 Years

5 Years

B.HBL for acquiring residential plot/ flat/house/from AFNHB /AWHO/IRWO or other housing boards or for purchase of residential plot from Central/State govt/ other civil authorities like DDA/BDA/JDA

6 Months

2 Years

2 Years

QUANTUM OF LOAN

Category of
Member

Purpose of HBL

Max Amount

Remarks

Officers (PC/SSC) Airmen/ NCs (E)

For purchase/construction of house/flat

Rs 60 lacs

Amount of HBL sanctionable is subject to the repaying capacity of the applicant

For extension/renovation of house/flat

Rs 30 Lacs

For Purchase of plot

Rs 40 Lacs

RATE OF INTEREST

Category

Upto 7 Lacs

Above 60 Lacs

Officers/Airmen

8.35 % pa

NCs(E)

8 % pa

8.35 % pa

Note: 2nd & subsequent HBL and HBL for renovation/extension of house/flat etc : 8.35 %pa

Repaying Capacity

  • The quantum of HBL admissible to the applicant would depend on his/her repaying capacity which is determined by ascertaining that the total deductions (including the anticipated EMI towards the HBL that is now being applied for) in the applicant’s IRLA does not exceed 80% of the gross emoluments reflected in the latest monthly pay slip.

Processing Fees

  • Nil. (Processing Fee has been waived off wef 01 Oct 17)

Loan Insurance

  • HBL availed from AFGIS has to be mandatorily insured by payment of necessary contribution (premium) by the loanee (refer chart for contribution)
  • Loan insurance is compulsory for all types of hbl.

  • The insurance cover to the loan is provided upto the last EMI (installment).

  • If the loan is disbursed in one lumpsum, then one time non-refundable contribution towards loan insurance will be recovered from loan amount.

  • In case the loan is disbursed in installments then contribution will be recovered from the amount of Installments.

  • In case an individual opts to repay the loan in higher number of installments, additional amount of contribution toward loan insurance will be recovered for enhanced period of repayment of loan.

  • In the event of death of loanee, the principal outstanding as on the first day of the month in which death occurs will be adjusted and no loan amount will be recovered from the death benefits payable to the nominee from AFGIS.

  • The year wise break down of one time non-refundable contribution for Rs.1,00,000/- of house loan is as follows :

Term(Years)

Amt of Contribution (1 Lac of HBL )

Officers

Airmen/NCs(E)

1

319

275

2

484

410

3

651

544

4

819

678

5

988

813

6

1158

950

7

1332

1089

8

1510

1231

9

1694

1371

10

1884

1514

11

2080*

1658**

12

2287

1804

13

2503

1954

14

2725

2109

15

2951

2268

16

3179

2432

17

3407

2605

18

3634

2785

19

3860

2970

20

4084

3158

21

4306

3384

22

4511

3536

23

4707

3723

24

4897

3909

25

5086

4094

Note 1: One time non-refundable contribution will be calculated for amount in multiples of lacs and the tenure (no of years) of the loan. Fraction of a year will be counted as one full year.



EXAMPLE

If an individual has been sanctioned a loan of Rs. 5.93 Lac in 125 installments (i.e. 10 years 5 months), non refundable contribution will be charged for Rs. 6 Lac in 132 installments (i.e. 11 years)

HBL sanctioned : Rs. 6 lacs

Tenure of Repayment : 125 EMIs

Calculation:

Amount on which premium is calculated :Rs. 6 lacs
Tenure of Repayment : 11 years ( 10 years 5 months)

Amount of contribution:


Officers

Rs. 12480/-

(6,00,000/1,00,000) X 2080*

Airmen/NCs(E)

Rs. 9948/-

(6,00,000/1,00,000) X1658**

Repayment of HBL

  • The repayment period for different categories is appended below :

(a) The principal amount and interest is recoverable in max of 300 EMIs.The principal amount and interest of second and subsequent HBL would be recoverable in max of 240 installments.
(b) In case of purchase of residential plot, the HBL is recoverable in max 180 EMIs and for renovation/extension of house/flat max of 240 EMIs including the EMIs paid for the existing loan.

Penal Rate Of Interest

  • 15% pa penal rate of interest is chargeable for non-submission of documents and non-compliance of stipulated policy & rules.

Second/ Additional Loan from AFGIS

  • Second and subsequent/additional HBL may be sanctioned to those members who have liquidated the HBL taken earlier in full and have the repaying capacity and meet all other eligibility and other terms and conditions.

HBL FOR PROCUREMENT OF MODERN HOME INSTALLATIONS
Documents Required

SALIENT FEATURES

SL NO

CRITERIA

DETAILS

1.

Eligibility

1. Air warriors who have completed five years of regular service.

2. Applicant must be the sole owner of the subject house property or jointly owned with his/her spouse.

2.

Max Quantum of Loan

Officers – Rs 5 lakh
MWO/WO/JWO – Rs 3 lakh subject to re-paying
Sgt & below – Rs 2 lakh capacity
NCs (E) - Rs 1 lakh

3.

Home Installations Covered

Modular Kitchen
Solar Heating Energy System
Inbuilt Wardrobes
Rain Water Harvesting System
False Ceiling (wooden/plaster of paris etc)
Security and Safety Systems (like cctv/fire alarm/ iron grills etc)

4.

Rate of Interest

9% pa

5.

Repayment of Loan

60 EMIs (max)

6.

Processing Fees

Nil. (Processing Fee has been waived off wef 01 Oct 17)

APPLICATION FORM : INSTRUCTIONS

1. The application form is to be filled in single copy after ensuring eligibility of loan as per the rules stipulated in Chapter 10 (HBL) of IAP 3601.
2. Strike out words which are not applicable. No column is to be left blank. Incomplete application will be rejected summarily.
3. The application is required to be countersigned by AOC/Stn Cdr/CO/Principal Director (as applicable).
4. No page/ leaf of the application form is to be detached/ removed.
5. Agreement form attached with the application may also be filled in all respects and signed by the applicant at the bottom of the page duly witnessed by two persons/ air warriors of appropriate status.
6. Date and amount is not to be written in the Agreement form and Contingent Bill. (Based on Repaying capacity, the amount approved will be filled by AFGIS).
7. The following is to be attached with the loan application:- (a) Self attested printout of latest e-payslip. (b) Proforma Invoice. (c) Photocopy of registered Sale Deed/Gift Deed of the subject property duly (owned by the applicant or jointly owned with his/her spouse) certified as true copies by the SAO/ Adjutant.
8. Applicant is to clearly state his/her bank A/c No, IFSC code, name & branch of the bank in the Contingent Bill.
9. Application should be forwarded to AFGIS under a covering letter from the applicant's unit.
10. The address to which the cheque is to be sent by post is to be clearly mentioned in the application.
11. The loan shall be mandatorily insured. One-time non-refundable contribution will be recovered from the sanctioned amount of loan.

EMI CHART @ 10%

Amt/ Yrs

50,000/-

1 Lakh

1.5 Lakh

2 Lakh

3 Lakh

5 Lakh

1

4396

8792

13188

17584

26375

43958

2

2308

4615

6922

9229

13844

23073

3

1614

3227

4841

6454

9681

16134

4

1269

2537

3805

5073

7609

12682

5

1063

2125

3188

4250

6375

10624

ONE TIME NON-REFUNDABLE CONTRIBUTION TOWARDSHBL FOR PROCUREMENT OF

MODERN HOME INSTALLATIONS INSURANCE FOR RS 1,00,000/-

Term (in years)

Officers

Airmen/ NCs(E)

1

319

275

2

484

410

3

651

544

4

819

678

5

988

813

Motor Conveyance Loan (MCL)
Documents Required

SALIENT ASPECTS OF THE MCL POLICY


Category

Types

Eligibility

Quantum of Loan

Repayment
No. of Installments

Officers(incl SSC officers) (a) New Four wheeler

Officers who have completed of at least six months of actual service from the date of their first appointment (incl post-commissioning trg assignment) after grant of PC/SSC.

Rs 15 lakhs

180

(b)Pre-owned four wheeler

-do-

Rs 6 lakhs

120

(a) New Two Wheeler On commissioning (PC/SSC). Rs1,50,000/-

96

Airmen

(a )New four wheeler

SNCOs with pensionable service are eligible.

Rs6 lakhs

180

(b )Pre-owned four wheeler

-do-

Rs3 lakhs

120

(a) New Two Wheeler

SNCOs/Cpl & below with minimum two years of service.

Rs75000/-

96

NCs(E)

New Two Wheeler

With minimum two years of service are eligible.

NCs(E) with 10 or more years of service Rs55,000/-

NCs(E)with less than 10 years of service
Rs35,000/-

96

NOTES


RATE OF INTEREST - 9 % p.a

FOR FURTHER DETAILS, KINDLY REFER AFNET WEBSITE


Personal Computer Loan (PCL)

Documents Required

Eligibility-

Officers

After completion of six months of service.

Airmen

After completion of two years of service

NCs(E)

After completion of ten years of service

Quantum of Loan

Officers

Rs Two lakhs

Airmen

Rs One lakh

NCs(E)

Rs 50,000/-

List of Items- Loan admissible for purchase of computer (desktop/ laptop) and necessary peripherals (monitor/ keyboard/ mouse/ speakers/ headphone/printer/multi functional device etc) and accessories (UPS, external HDD,OHP projector etc) and computer table.

Rate of Interest– 9 % pa

Processing Fees- Nil. (Processing Fee has been waived off wef 01 Oct 17)

Insurance of PCL- A one-time non-refundable contribution towards insurance of PCL will be recovered from the loanee from the PCL amount. The existing rate of non-refundable contribution towards insurance given below:-

Tenure Of Loan
(Years)

Amount(Rs)

Officers

Airmen/ NCs(E)

1

319

275

2

484

410

3

651

544

4

819

678

5

988

813

6

1158

950

7

1332

1089

8

1510

1231



Repayment of loan- Maximum 96 installments.

Discipline Cases- Not eligible if two or more (red ink) entries and five years have not lapsed from the last entry and/or disciplinary proceedings (SOE/GCM/DCM etc) are initiated/ in progress.

DEPUTATION

Regular contribution to the scheme is imperative for the members to keep the insurance policy alive. Personnel who have availed long-term loans from AFGIS are required to ensure timely remittance of EMI (Equated Monthly Installment).

Personnel who proceed on deputation posting abroad are required to pay their contribution and loan repayment installments directly to AFGIS as their IRLA are ceased to be maintained by AFCAO.

Remittance is to be made well in advance so that the dues are to be realised by AFGIS on or before 7th of every month for which recovery is due. Default in timely remittance leads to lapse in cover of the insurance policy thus denying the benefit due to next of kin. In case of aircrew members, lapse of FPLI leads to inadmissibility of Flying Allowance.

Procedure for Direct Remittance by Member Personnel on Deputation/posting abroad eligible for direct remittance of AFGIS dues are to ensure the following :-

  • All remittance to be made by Bank Demand Draft payable at New Delhi in favour of AIR FORCE GROUP INSURANCE SOCIETY"
  • Cheques are not acceptable unless such cheques are against branches of Banks operating in (Local clearing cheques).
  • Members may issue standing instructions to the bank for monthly remittance to A/C No. 30043459007 (Click for details)


EX GRATIA AWARD TO AIRCREW DECLARED MEDICALLY UNFIT PERMANENTLY FOR FLYING DUTIES

1. The Board of Trustees of AFGIS has approved revision of certain provisions of the above mentioned scheme. The details of the revision is given below :-


Category

Revised Amt of Ex-gratia Award

Revised Period

Remarks

Aircrew Officers

7500 pm

For 36 months from the date of cessation of flying allowance or upto the date of retirement / superannuation / discharge / invalidment, whichever is earlier.

All other terms and conditions pertaining to the scheme remain unchanged.

Aircrew Airmen

3750 pm

2. All other rules and provisions pertaining to the scheme will remain unchanged.

3. The revised policy would be applicable to cases which arise on or after 01 Oct 15.

CLOSURE OF AFGIS SCHEME : FINANCIAL ASSISTANCE TO OFFICERS HOSPITALISED BEYOND SIX MONTHS

1. Consequent to implementation of Sixth Central Pay Commission’s recommendations, officers are entitled to full pay and allowance for the entire duration of hospitalisation if such hospitalisation was due to reasons attributable to service. Thus, only cases of extended hospitalisation due to illness / causes not attributable to service remained to be covered under the ibid scheme of AFGIS.

2. Considering the fact that during the past period of over 10 years, no case had arisen and /or no request for financial assistance had been received at AFGIS, the Board of Trustees of AFGIS has decided in the BoT meeting held on 12 Aug 15 to discontinue and close the ibid scheme.


GRANT OF SUBSIDY TO WIDOWS OF AIR WARRIORS WHO DIE IN AN ACCIDENT WHILE IN SERVICE FOR PROCURING DWELLING UNITS

The object of the scheme is to provide financial assistance to widow of Officer/Airmen/NCs(E) who die in an accident while in service, subsidy is provided to widow to procure dwelling units from all the sources viz. AFNHB/ AWHO/ civil housing agencies including private builders and for self construction. The amount of grant is Rs. 6 lakh and Rs. 4 lakh for Officers and Airmen/NCs(E) respectively which is shared by AFGIS/ IAFBA/ AFWWA(c)/ CWF in the ratio of 60:20:10:10 respectively, revised wef 05 Aug 2013.

Conditions for admissibility of Subsidy. The subsidy will be granted subject to the following conditions :

  • The subsidy will be payable to the widows of the AF personnel killed in accident while in service subject to the provision that the widow would occupy and live in the dwelling unit.
  • The widow of the deceased Officer/ Airman/ NC(E) should not be already owning a dwelling unit.
  • Acquisition of the dwelling unit will be applicable in the schemes of AFNHB/ AWHO/ Civil housing agencies including private builders and for self construction.
  • If an Officer/ Airman/ NC(E) had already purchased a dwelling unit and full payment had not been made, the scheme will cover such cases also.
  • The house cannot be sold out or let out for 10 years after receipt of the subsidy amount and the widow will be required to give an undertaking to this effect in the prescribed forms.
  • Above mentioned conditions would also be binding upon legal heir(s) of the widow in case she demise before 10 years of the possession of the dwelling unit.
    • In case where the deceased Officer/ Airman/ NC(E) has availed House Building Loan (HBL) from AFGIS or any other scheduled bank/ any other housing finance agency and the HBL so availed was insured and as a consequence of such insurance the repayment of outstanding amount of HBL was exempted, then, in such circumstances, the payment of ibid subsidy is not admissible.
    • In case where the spouse of the deceased AFGIS member is a member of AFGIS/AGIF/NGIF, then spouse is ineligible for the subsidy.
    • The subsidy will also be extended to orphaned legitimate children and/ or dependent parents of deceased members also in case a widow did not exist/ had pre-deceased the member on the date of casualty, subject to their meeting all other eligibility conditions. These cases will be put up to BoT for approval on the basis of merits of each case.

In order to safeguard against misuse of the subsidy scheme, the sale deed would be executed and registered in the joint names of the widow and AFGIS and original documents will be kept in the safe custody of the AFGIS. If the dwelling unit is sold before the completion of 10 years, the widow will have to refund the subsidy amount with interest @15 %. If the dwelling unit is not occupied by the widow, it will be taken back by AFGIS and amount spent by the widow would be returned to her.

In case where the deceased Officer / Airman / NC(E) has availed the House Building Loan (HBL) from AFGIS or any other scheduled bank / any other housing finance agency and the HBL so availed was insured and as a consequence of such insurance the repayment of outstanding amount of HBL was exempted, then, in such circumstances, the payment of ibid subsidy is not admissible.

Wef 01 Apr 16, the subsidy is provided for acquiring a dwelling unit to widows of an air warrior/NCs(E), who dies while in service which covers all cases of death, both accidental and non accidental. The subsidy in respect of widows of the officers is Rs 6 Lacs and in respect of the widows of airmen & NCs(E) is Rs 4 Lacs.

Eligibility Conditions

  • The widow must apply for subsidy within five years from the date of demise of her husband.
  • The widow who is remarried as on the date of applying for this subsidy would not be eligible to receive the subsidy.
  • All other rules and provisions to the scheme will remain unchanged.

Submission of Documents:

  • The widow of the air warrior/NCs(E) would need to submit the following documents to AFGIS :-
  • Notarised affidavit containing undertaking to utilize the subsidy for acquiring a dwelling unit.
  • Self-attested copy of sale deed/completion certificate of dwelling unit.
  • Self-attested photocopy of the property’s insurance policy and that of its annual/biannual renewals for next five years.
  • Self-attested photograph of the property.

Sharing of Subsidy :

  • Accidental Death.The subsidy would be shared by AFGIS, IAFBA, AFWWA(C) and the concerned Command Welfare Fund in the ratio of 6:2:1:1.

  • Non-accidental Death. The subsidy would be shared by AFGIS, IAFBA and the concerned Command Welfare Fund in the ratio of 7:2:1.

    (Note: In case of an air warrior of Air HQ, the IAFBA would contribute additionally to compensate for the share of Command Welfare Fund).

    The above stated revised policy would be applicable to cases which arise on or after01 Apr 16

Wef 01 Apr 16, the subsidy is provided for acquiring a dwelling unit to widows of an air warrior/NCs(E), who dies while in service which covers all cases of death, both accidental and non accidental. The subsidy in respect of widows of the officers is Rs 6 Lacs and in respect of the widows of airmen & NCs (E) is Rs 4 Lacs.

Eligibility Conditions :

  • The widow must apply for subsidy within five years from the date of demise of her husband.
  • The widow who is remarried as on the date of applying for this subsidy would not be eligible to receive the subsidy.
  • All other rules and provisions to the scheme will remain unchanged.

Submission of Documents:

  • The widow of the air warrior/NCs(E) would need to submit the following documents to AFGIS :-
    1. Notarised affidavit containing undertaking to utilize the subsidy for acquiring a dwelling unit.
    2. Self-attested copy of sale deed/completion certificate of dwelling unit.
    3. Self-attested photocopy of the property’s insurance policy and that of its annual/biannual renewals for next five years.
    4. Self-attested photograph of the property.

Sharing of Subsidy

(Note: In case of an airwarrior of Air HQ, the IAFBA would contribute additionally to compensate for the share of Command Welfare Fund).
The above stated revised policy would be applicable to cases which arise on or after01 Apr 16

  1. Accidental Death. The subsidy would be shared by AFGIS, IAFBA, AFWWA(C) and the concerned Command Welfare Fund in the ratio of 6:2:1:1.
  2. Non-accidental Death. The subsidy would be shared by AFGIS,
  3. IAFBA and the concerned Command Welfare Fund in the ratio of 7:2:1.


REVISION OF FINANCIAL ASSISTANCE FROM SI FUND ON DEATH OF AN AIR WARRIOR

Wef 11 Dec 17, the amount of immediate financial assistance paid from SI Fund on death of an Air warrior, which is subsequently adjusted from the insurance claim payable from AFGIS, has been revised as mentioned below :-

Category

Existing Amount

Revised Amount

Officers

Rs. 50,000/-

Rs. 1,00,000/-

Airmen

Rs. 40,000/-

Rs. 80,000/-

NCs(E)

Rs. 30,000/-

Rs. 60,000/-