| Merchant Navy Profile Qualification Merchant Navy Salary 2020 (approx.) | Chief Officer 1st Mate (FG) Certificate of Competency Rs. 4,00,000 to 6,00,000 per month | Merchant Navy Captain salary per month Master (FG) Certificate of Competency Rs. 8,65,000 to 20,00,000 per month |
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The starting salary for those in the merchant navy can be anywhere from Rs. 15,000/- to 8 lakhs per month . Deck cadets can get paid Rs. 20,000/-to Rs.
In Merchant Navy, the salary can range from anywhere between Rs. 12000 to Rs. 8 lakhs per month though the pay structure differ from company to company, city to city, the export-import needs, seniority etc.
The merchant navy is also respected and decorated, but not as much as the Indian Navy. ... On the other hand, The Indian Navy also gets paid well, depending on what the Govt Of India pays, and according to the ranks, the higher the rank, the higher the pay . Merchant navy and the Indian Navy both have their various ranks.
| Job Profiles. Average Salary (Approx). | Captain. 8 Lakhs Per to 20 Lakhs Month. | Electrical officer in merchant navy salary 2 Lakhs to 3.5 Lakhs Per Month. | Chief cook salary in merchant navy 1.20 Lakhs to 5 Lakhs Annual. | Trainee Cadet. 25,000 to 84,000 INR Per Month. |
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Merchant Navy at officer level has better starting salaries in comparison to engineering from top IITs. But in long run IITian will have better salary and career prospects. ... Merchant Navy at officer level has better starting salaries in comparison to engineering from top IITs.
If the chosen career is Merchant Navy, this task is even more difficult because such information may not come in handy. The mind of an aspiring mariner is often filled with uncertainties, doubts, fallacies and certain myths that prevail in and around the merchant navy profession.
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The highest salary in the Merchant Navy is for the post of Captain which is around Rs. 8,65,000 to 20,00,000 per month.
1. Sailing is a Permanent Job . Most of the shipping companies , to be more precise approximately 70% of them manage their ships on contract basis. Even the rest 30% of the companies do not have any clause on permanent employment in their contracts; rather they man ships on round-the-year contracts.
A career in the merchant navy is considered a glamorous job , especially by the people who have been bitten by the travel bug. It offers an opportunity to visit new and exotic places all around the globe. Merchant Navy career is not only monetarily rewarding but also satisfying and quite challenging.
What is the highest salary offered at Indian Navy As? Highest reported salary offered at Indian Navy As is ₹50lakhs . The top 10% of employees earn more than ₹30lakhs per year. The top 1% earn more than a whopping ₹49lakhs per year.
| RANK Level Pay in Pay Band(Rs.) | Seaman I 3 21700-69100 | Leading Seaman 4 25500-81100 | Petty Officer 5 29200-92300 | Chief Petty Officer 6 35400-112400 |
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Students who have passed 10th standard with mathematics, science and English subjects are eligible to pursue this course. Age of the candidate must be between 171⁄2 to 25 years . ... After completing the course, sea service and gaining required certificates, candidates may work as deck/engine crew aboard merchant navy ships.
“After a meeting in New Delhi on Monday chaired by Director General of Shipping Amitabh Kumar, the government has extended the benefits of provident fund, gratuity and pension to all ranks of over four-lakh merchant navy seafarers working on both Indian and foreign flag ships,” NUSI General Secretary Abdulgani Y.
According to the DG shipping website/IMU of India, the course fees of maritime courses for governmental institutes are as followed: 4 year BE/B. Tech Marine Engineering course – Approx. INR 225,000 / year ; i.e. INR 10,00,000 for 4 years course.
