AGIF calculator: subscription and insurance cover

Every serving soldier pays into the Army Group Insurance Fund (AGIF) each month, and most families never learn what that money actually buys. It buys two things: a life insurance cover that goes to the family if death occurs during service, and a savings element that comes back with the fund's declared returns on retirement.

From 1 April 2025, the published figures are: officers pay ₹12,500 a month for a cover of ₹1.25 crore; JCOs and ORs pay ₹7,500 a month for a cover of ₹75 lakh.

AGIF subscription calculation formula

This calculator uses monthly subscription × 12 × years entered. It applies the selected monthly rate to every year; it does not add interest or calculate the savings benefit.

Fictional example: at an assumed monthly subscription of ₹1,000 for 2 years, the arithmetic is 1,000 × 12 × 2 = ₹24,000. This is an illustration of the formula, not an AGIF rate or retirement payout.

For actual past deductions, total the amounts in your own statements for each period. A single current rate cannot reproduce a service history with changing rates. Do not post personal statements, service numbers or account details here.

How to check an AGIF maturity or settlement statement

Total subscription deductions, savings benefit and life cover are different amounts. This calculator does not determine the maturity payout.

1. Check actual AGIF deductions in your pay statements for each period; do not apply today's rate to your entire service history.
2. Read the savings benefit, returns and adjustments shown in your AGIF statement or settlement advice separately. Life cover is not a retirement payout.
3. If an amount is unclear or the statement is missing, ask your Record Office for your individual statement and a written breakdown. Verify contact details through official correspondence.

Do not upload or publicly share your PAN, service number or personal statement here.

Worth being clear about

• This tool cannot determine your maturity payout. We do not have a verified method for your individual savings settlement. Check the final figure against your AGIF statement and Record Office records.
• This is not a total of actual past deductions: the tool applies the selected rate to every year. To establish a historical total, add the deductions shown in your statements for each period.
• Disability and extended cover: AGIF also runs disability benefits and a post-retirement Extended Insurance scheme — separate from the main cover, not calculated here.
• This is not the ₹48-lakh Agniveer cover: Agniveers have their own non-contributory insurance under the Agnipath scheme — see the Agniveer page.

Frequently asked questions

Can I use this AGIF calculator without downloading an app?

Yes. This free Sainik Desk calculator runs on this web page in your browser. No app download or account is required. It estimates subscription payments and shows listed insurance cover; it does not calculate retirement maturity payout.

Open this page in your phone or computer browser, choose a rank group, enter an illustrative duration and select Show the calculation. The result appears on the same page. You can bookmark this page to return to it.

How much will AGIF return to me at retirement?

This calculator does not determine that amount. Check your AGIF statement or settlement advice and confirm individual amounts and adjustments with your Record Office. See the statement-checking steps above.

Does the whole subscription go into insurance?

No. Part of it pays for the risk cover, and the rest accumulates as your savings — that saved part comes back to you at retirement with the fund's returns.

Does the cover continue after retirement?

The main cover is for service. AGIF runs a separate post-retirement Extended Insurance scheme — opted into at retirement, with its own premium and cover.

Do Agniveers pay AGIF too?

No — Agniveers have their own non-contributory ₹48 lakh cover under the Agnipath scheme. AGIF subscription applies to regular service.