In India, the Army Group Insurance Fund (AGIF) plays a critical role in providing financial security and insurance coverage to personnel of the Indian Army. Established with the goal of ensuring that soldiers and their families have access to affordable life insurance and post-retirement benefits, AGIF is a robust welfare initiative under the Ministry of Defence.
This comprehensive guide will cover everything you need to know about the Army Group Insurance Fund office, maturity table, official website, contact number, interest rates, and more. Whether you’re a serving personnel, a veteran, or a family member looking for clarity about AGIF benefits, this article will help.
✅ What is the Army Group Insurance Fund (AGIF)?
The Army Group Insurance Fund is a welfare organization that provides life insurance, savings schemes, and retirement benefits to officers and jawans of the Indian Army. It is a non-profit organization governed and managed by senior army officers and operates under the guidelines set by the Ministry of Defence.
The fund collects regular monthly contributions (premium) from the members and provides insurance cover during service. Upon retirement or superannuation, members receive maturity benefits (sum assured + interest).
📍 Army Group Insurance Fund Office
The main AGIF office is located in Delhi Cantonment, which handles most of the administrative, policy, and claims-related functions. Every command and corps headquarters also has a regional office for local coordination.
AGIF Head Office Address:
Army Group Insurance Fund
AGIF Building,
Plot No. 1, Rao Tula Ram Marg,
Opposite Signals Enclave,
Delhi Cantonment – 110010
India
- Email: staff.agif@nic.in (For official communication)
- Army Exchange Contact: Ext 25671, 25673
- Phone (Board Line): Not publicly available, must be accessed through Army Exchange
- Working Hours: Monday to Friday (0930 hrs to 1730 hrs)
🌐 Army Group Insurance Fund Official Website
The Army Group Insurance Fund official website is hosted on the NIC (National Informatics Centre) domain, indicating it is a government-affiliated secure website.
🔗 Official Website: https://www.agif.in or you can access this website as well
https://indianarmy.nic.in/about/the-corps-of-engineers/army-group-insurance-fund-directorates-and-branches-organisation-of-indian-army
Note: You may require a secure log-in via Army network or credentials to access internal details, forms, or statements.
📊 Army Group Insurance Fund Maturity Table
The AGIF maturity table provides an estimate of the returns (maturity value) based on years of service, rank, and monthly contributions. Maturity includes sum assured + accumulated interest.
The maturity benefit differs for officers and PBOR (Personnel Below Officer Rank). Here’s an indicative maturity table for reference (data subject to change based on interest rate revisions and policy updates):
| Rank | Monthly Premium (₹) | Term (Years) | Sum Assured (₹) | Approx. Maturity Value (₹) |
|---|---|---|---|---|
| Sepoy | ₹1,200 | 15 | ₹10,00,000 | ₹13,75,000 |
| Havildar | ₹1,500 | 20 | ₹12,00,000 | ₹18,00,000 |
| Subedar | ₹2,000 | 25 | ₹15,00,000 | ₹25,00,000 |
| Captain | ₹2,500 | 20 | ₹25,00,000 | ₹35,00,000 |
| Colonel | ₹3,000 | 25 | ₹30,00,000 | ₹50,00,000 |
📌 Disclaimer: These values are indicative based on available sources and AGIF documents. Always refer to your latest AGIF statement or contact the AGIF office for accurate figures.
💹 Army Group Insurance Fund Interest Rate
The Army Group Insurance Fund interest rate is not publicly declared every year but usually aligns with other long-term government savings schemes. The interest is compounded annually and varies slightly depending on fund performance.
Typical Interest Rate Range:
- 6.5% to 7.5% per annum (subject to change)
The AGIF invests the funds in secure government bonds, fixed deposits, and infrastructure funds, ensuring both safety and decent returns for its members.
💼 AGIF Insurance Schemes
AGIF runs multiple schemes under two broad categories:
1. Life Insurance (Group Term Insurance)
- Covers death (natural/accidental) while in service
- Sum assured ranges from ₹10 lakhs to ₹50 lakhs
- Premium deducted monthly from salary
2. Saving cum Insurance Scheme (SIS)
- Insurance + savings for post-retirement
- Maturity paid upon superannuation or voluntary retirement
- Can include optional spouse insurance coverage
📝 How to Check AGIF Statement Online
To check your AGIF statement, follow these steps:
- Visit the official website: https://www.agif.in
- Login using your Army number and credentials (through intranet or army secure network)
- Navigate to the “Account Statement” or “Maturity Details” section
- Download PDF of the yearly statement
- If online access is not possible, personnel can request a printed statement from the AGIF regional office.
🧾 Documents Required for Claim or Maturity
At the time of claim (death, retirement, or voluntary discharge), these documents are typically required:
- Service certificate or retirement order
- AGIF number or membership ID
- Death certificate (if applicable)
- Bank account details for NEFT
- Nominee ID proof
- Claim form (available on AGIF website or at HQ)
📞 Army Group Insurance Contact Number
Though AGIF does not have a publicly open landline, you can contact the office via the Army network or official email.
- Army Exchange Extension: 25671 / 25673
- Email: staff.agif@nic.in
- Website: https://www.agif.in
It’s advisable to route your query through your Unit AG Branch, which maintains communication with AGIF.
⭐ Benefits of Army Group Insurance Fund
| Feature | Description |
|---|---|
| Low Premium | Highly subsidized compared to private insurers |
| High Sum Assured | Upto ₹50 Lakhs depending on rank & term |
| Guaranteed Maturity | Lump sum with interest after retirement |
| Death Benefit | Insurance to family in case of death |
| Spouse Add-on | Additional cover for dependents |
| Secure Returns | Government-backed investments ensure stability |
| Loans | Loan against policy available in special cases |
⚠️ Important Points to Note
AGIF is mandatory for all Army personnel during service.
- Maturity amount is tax-free under Section 10(10D) of the Income Tax Act.
- AGIF does not provide online customer care like private insurers. All communication is routed through military channels.
- Always update your nominee details in case of marriage or dependents’ changes.
- Upon retirement, AGIF sends the maturity via bank transfer.
🧑💼 Conclusion
The Army Group Insurance Fund is not just an insurance policy; it’s a long-term financial partner for every Army personnel. With its secure savings schemes, decent interest rates, and robust life cover, AGIF is a pillar of support for thousands of soldiers and their families.
Whether you’re looking for the AGIF maturity table, the official website, interest rate, or the Army Group Insurance Fund office address, we hope this blog post gave you all the answers you need. For more details, always visit https://www.agif.in or connect through your unit’s AG branch.
🔎 Frequently Asked Questions (FAQs)
Q1. What is the current interest rate on Army Group Insurance Fund?
A. It varies annually but generally ranges between 6.5% to 7.5% per annum.
Q2. Can I check my AGIF statement online?
A. Yes, through the official portal https://www.agif.in, but you need Army credentials.
Q3. Is AGIF maturity taxable?
A. No, it is tax-free under Section 10(10D) of the Income Tax Act.
Q4. Where can I find the AGIF contact number?
A. You can reach the AGIF office through the Army exchange at Extension 25671/25673.
Q5. Is there a loan facility from AGIF?
A. Yes, loan against policy is permitted in selected cases like emergencies.
