Home HR Initiatives IAFBA Grants RETIREDGRANT FOR COMMERICAL VENTURE FOR MED BOARDED OUT PERSONNEL

GRANT FOR COMMERCIAL VENTURE

Grants are provided to medically boarded out Air Force personnel and the wives of the deceased Air Force Personnel for commercial ventures. The categories are mentioned below :

 

Officers

 

Airmen

 

NC(E)s

50,000/-

 

20,000/-

 

20,000/-

Individual to forward DD-40, subject to confirmation form DPP R/AFRO.

  • Eligibility Conditions

This is a lump sum payment and is given only to medically boarded out personnel.

  • Frequently Asked Questions

                Q. How is the payment made ?
                A. The payment is a lump sum payment.

  • Grant for Purchase of Trade Instrument to Bereaved Wives

Grant for purchase of trade instrument to bereaved wives (Lump sum)

 

Officers

 

Airmen

 

NC(E)s

 

25,000/-

 

25,000/-

 

25,000/-

or

Reimbursement of tuition fees for vocational/ professional courses to bereaved wives (Lump sum). The cheques will be prepared in favour of the institute

 

Officers

 

Airmen

 

NC(E)s

 

40,000/-

 

40,000/-

 

40,000/-

Rate of 40,000/- is wef 01 Oct 15.

Widow to forward hand written application duly recommended by nearest Zila Sainik Board or AF Station/ Unit with proficiency certificate and two quotations from the dealer.

  • Eligibility Condition

This is a lump sum payment.

  • Frequently Asked Questions

Q. What are the other requirement than application form ?
A. The other requirements are proficiency certificate and two quotations from the dealer.