Current Size: 95%
Indian Naval Benevolent Association
- The Indian Naval Benevolent Association is a charitable organization registered under the Societies Registration Act XXI of 1860.
- The primary object of the Association is to render financial assistance to relieve hardship distress of Serving as well as released/retired naval personnel and their families.
-
A serving member with minimum of three years service must satisfy the following conditions to be eligible for a loan.
- A maximum of five loans are admissible in the entire service career.
- Loan for self marriage would be granted to member who is 25 years of age or more.
- Not more than two loans are permitted for daughter/sister’s marriage subject to overall limit of five loans in entire career and age should be more than 18 years.
The details of loans and grants are as follows:-
| 5. Renewal of Scholarship |
|---|
| At least 60% marks for both science and humanities in Graduation/Post Graduation annual examination. |
| 6. Rates of Scholarship | |
|---|---|
| (a) Boarder | Rs. 20,000/- per annum |
| (b) Day Scholar | Rs. 10,000/- per annum |
| Scholarship for Handicapped Children Between ages of 3 to 18 years - Rs. 1000/- pm | |
| Ex-Naval Personnel | |||
|---|---|---|---|
| 7. Details of grants to the ex-naval personnel and their families:- | |||
| Purpose | Officers Rs. | Sailors Rs. | Remarks |
| (a) On death of naval pensioner | 10,000 | 5,000 | Death certificate and pension Particulars to be sent to Secretary, INBA. |
| (b) Grant for marriage (maximum of two children) | 10,000 | 5,000 | For children of naval widows only. |
| (c) Grant for Economic Activity. | 10,000 | 10,000 | For self help onomic venture toec sailors families. |
| (d) Scholarship for handicapped children | First two school going children (inclusive of normal children) from ages of 3 to 18 years. | ||
| (e) Day Scholar | 200/- p.m | 200/- p. | |
| (g) Boarder | 400/- p.m | 400/- p.m | |
| (g) Purchase of special medical equipment for handicapped children. | A maximum sum of Rs.4,500/- is payable for purchase of special medical equipment on the recommendation of medical authority. | ||
| Special Scholarship Scheme | |
|---|---|
| 8. For children of Naval Personnel who die while in service. The following are the rates applicable:- | |
| Category of Student | Rates (Rupees per annum) |
| (a) Academic Courses | |
| (i) Nursery to KG | 5,000 |
| (ii) Class I to VIII | 12,000 |
| (iii) Class IX to XII | 15,000 |
| (iv) Class IX to XII | 15,000 |
| (v) Class IX to XII | 20,000 |
| (b) Professional Courses | |
| (i) Engineering/Medical | 60,000 |
| (ii) Computer/Management | 45,000 |
| (iii) Legal Studies/Vocational | 30,000 |
| (c) Boarding / Lodging | 40,000 |
