AFGIS General


Air Force Group Insurance Society , which is registered under the Societies Registration Act (XXI of 1860). It came into force wef 01 Nov 1975. The Society is established by Armed Forces of the Union (Air Force) for the welfare of the past and present members and their dependants.

Registered Office

The Registered Office of the Society is situated at Delhi and its present address is Air Force Group Insurance Society Bhawan, Subroto Park, New Delhi - 110 010.


NEW DELHI - 110 010

E-Mail Address (Public Internet):
FAX No. : 011-25691182


Section AFNET
PS to Principal Director 23307502
011-25694415 -
PA to Secretary WAC-5172 011-25694068 -
Enquiries and Reception 23307511 011-25683995
Claims (Death/Disability/Final Withdrawal)
Contribution Dept
Survival Benefit
23307512 7835063035
IAF Social Security Deposit Scheme(IAFSSD) - 7835063040
Loan Payments (HBL / MCL / PCL) Dept - 7835063031
ECHS Bus Service 23307513 -
23307526 -
Loan Recovery (HBL/MCL/PCL)
Medical Insurance Scheme (MIS)
23307527 7835063034


Designation Name AFNE Civil (MTNL)
Mobile No.
Joint Director (Systems & Contribution) Wg Cdr CP Gupte 23307525 011-25684572 7835063703
Joint Director (Finance) Wg Cdr S Dasgupta 23307510 011-25695414 7835063704
Secretary Gp Capt S Shankar 23307504
011-25694068 7835063702
Principal Director Air Cmde NM Desai 23307500 011-25694415 -

Management of AFGIS

Board of Trustees

AOA Chairman
DCAS Member
AOP Member
AOM Member
DG (I&S) Member
ACAS (Accts & AV) Member
Principal Director AFGIS Member Secretary

Managing Comittee

Principal Director, AFGIS Chairman
Secretary, AFGIS Member
OIC AFRO Coord Member
OIC Medical AFRO Member
OIC Legal AFRO Member
JD SDC, Dte of IT Memer
JD Accts (NPF) Member
JD (Fin), AFGIS Member Secretary

Objects of the Society

The objects, as stated in the memorandum of Association, are as follows:-

  • To mobilize the savings of Air Force personnel past, present and their dependants and suitably invest the same and distribute the income so earned among its depositors.
  • To levy contributions from the members and direct thereafter part of it to provide insurance cover to the IAF personnel while in service/retirement and to retain the balance in the Group Insurance Fund for utilization as a matter of general public utility for the welfare of retiring personnel and their dependants by providing lump sum benefit on retirement/release at a comparatively early age.
  • To affiliate, amalgamate with and support any other Fund and to develop and extend the benefits to other categories of personnel working with the Air Force.
  • To purchase, take on lease, hire or otherwise acquire and hold immovable or movable property and sell, lease or otherwise dispose off the same.
  • To invest the money of the Society not immediately required for its use.
  • To erect, maintain, repair, improve or hire any building for the use of the Society.
  • To give loans / grants for welfare activities.
  • To advance loans for construction/purchase of houses/flats to serving members.
  • To advance loans for purchase of Conveyance to serving members.
  • To advance loans for purchase of personnel computer to serving members.
  • To grant subsidy for a dwelling unit to the widows of the deceased IAF personnel killed in accident while in service.
  • To do all such other things as are incidental with or conducive to the furtherance of the above objects.

Income Tax Exemption

To Members. All contributions made by members towards life insurance are to be treated as insurance premium and would qualify for relief under Section 80C of Income Tax Act, 1961.

To the Society. All incomes received by the Society are eligible for exemption under the provisions of Section 10 (23) (c) (iv) and Section 10 (23 AA) of Income Tax Act, 1961.

On Interest Earnings. Ministry of Finance have issued Notification vide F 275/29/85 IT (B) dated 05 Jun 85 extending the exemption under Sub Section 3 of Section 194A of IT Act to Air Force Group Insurance Society. Accordingly, no income tax will be recoverable by Companies and Banks on the interest payable to the Society.

Foreclosure of Deposits with Companies without penalty. Gazette Notification No. 482 (E) dated 05 Jun 85, has been issued by the Government stating that deposits made by Air Force Group Insurance Society could be foreclosed during National Emergency before the expiry of maturity date and provisions of Rule 8 of Acceptance of Deposits Rules, 1975 regarding penalty clause would not apply in such contingencies. This has been made applicable for deposits made earlier to 05 Jun 85 also.

Exemption from GST. As per Govt of India, Ministry of Finance (Department of Revenue) notification No.7/2017 dated 02 Feb 2017 introduction of section 105(1), (2) & (3) of Finance Act 2017, AFGIS along with other sister insurance societies (Army Group, Naval Group) have been exmpted from service tax.