Sl.No.

Description

Officers

Rs.

Sailors

Rs.

Remarks

1.

Loans

(a)

Normal house repairs

50,000/-

40,000/-

Interest 8.5%

(b)

Higher education of children

8,00,000/-

8,00,000/-

Interest 8.5%

(c)

Higher education of spouse

50,000/-

50,000/-

Interest 8.5%

(d)

Sister's marriage

50,000/-

40,000/-

Interest 8.5%

(e)

Daughter's marriage

50,000/-

40,000/-

Interest 8.5%

(f)

Self marriage

1,00,000/-

50,000/-

Interest 8.5%

(g)

House repairs (Natural Calamity)

20,000/-

20,000/-

Interest Free

2.

Grants

(a)

20,000/-

20,000/-

House owned by Self/Spouse

(b)

Merit scholarship after(10+2)

10,000/- Day scholar

10,000/-

Up to 6 years

20,000/-Boarder

20,000/-

study after 10+2 subject to laid down criteria

(c)

Purchase of special equipment like hearing Aids for self, wife and children

3,000/-

3,000/-

Maximum upto3 times

(d)

Wheel chair

Amount as decided by the Administrators of INBA

(e)

Ex-Gratia grant to NOK on death whilst in service

20,000/-

10,000/-

Paid by respective Commands (CBF)

(f)

Ph.D

30,000/-

30,000/-

Degree obtained on his own accord

(g)

M. Phil.

10,000/-

10,000/-

-do-

(h)

Incentive for excellence In sports

3,000/-State -

3 ,000/-

As per norms applicable

10,000/National

10,000/-

20,000/- International

20,000/-

(j)

Reimbursement of coaching fee for JEE of IIT/MBBS/MBA and Architecture (for serving sailor's children only)

Up to

5,000/-

Per child maximum 2 children

(k)

Reimbursement of coaching fee for admission to IIT/MBBS

33% of Coaching Fee

Sl. No.

Description

Officers

Sailors

Rs.

Rs.

01.

Monthly maintenance

On merit of each case

As decided by the

02.

Rehabilitation grant

--

7,500/-

Administrators of INBA one time grant

03.

Purchase of special equipment like hearing aids etc.

3,000/-

3,000/-

Maximum three years

04.

Wheel Chair

Amount as decided by the Administrators of INBA

05.

Economic Activity Venture

--

20,000/-

One time grant

06.

Scholarships for handicapped children

200/- P.M. Day scholar 400/- P.M. Boarder

200/- P. M Day scholar 400/- P.M. Boarder

After attaining the age of 3 years upto 25 years of age

07.

Lump sum grant on death of naval pensioner

20000/-

10,000/-

08.

Travel incidental expenses on transfer of handicapped naval personnel from one service hospital to other

500/-

09.

10.

Marriage of children of deceased naval personnel maximum two children

20,000/-

10,000/-

maximum for two daughters

11.

Merit scholarship for Graduation and Post Graduation after 10+2

6,000/- Day scholar 10,000/- Boarder

6,000/- Day scholar10,000/-Boarder

Up to 5 years study after 10+2 subject to laid down criteria