Financial Assistance as GRANTS
House Repair (NC):
A sum of Rs 50,000/- for officers and sailors is admissible for house repairs necessitated due to natural catastrophes/calamity subject to the following:
- House owned by self, spouse or dependent parents.
- Relief announced by statutory Local/National Civic Body.
- Central/State order stating type of Calamity and area affected.
- Application as at Appendix A.
Ph.D/MPhil Grant:(Application at appendix 'L')
A sum of Rs 50,000/- and Rs 20,000/- for PhD/MPhil respectively is payable provided the degree is acquired on their own accord.
Financial assistance upto Rs 3,000/- for officers and sailors for purchase of special equipments is provided for self, spouse and dependent children maximum upto 3 times in service tenure.
Scholarship for Special children: (Application at appendix 'P')
Reimbursement upto Rs 5000/- per month is admissible to Naval Personnel for their children pursuing education in special schools on attaining the age of 3 years upto 25 years of age subject to production of disability certificate from appropriate medical authority.
Financial assistance as approved by the Administrators of INBA is provided on merit of each case for purchase of Wheel Chair.
Ex-Gratia Grant to NOK on Death:
In the event of unfortunate death in service, a sum of Rs 30,000/- and Rs 25,000/- for officers and sailors respectively is payable by their respective ship/establishments out of funds provided by INBA being maintained by Commands as Command Benevolent Fund for the purpose.