One of the biggest reasons why students choose a career in the Merchant Navy after IMU CET is the high salary and international lifestyle. Salaries in this field are tax-free in many countries (depending on sailing duration) and often come with additional benefits like free accommodation, food, and travel across the world.

However, pay packages vary depending on:

• Rank & Experience
• Type of Vessel (Oil Tankers, LNG Carriers, Container Ships, Bulk Carriers, Cruise Liners, Offshore Vessels)
• Shipping Company & Contract Terms

Here’s an approximate breakdown of Merchant Navy salaries based on ranks:

Additional Benefits of a Merchant Navy Salary

• Tax-Free Income: If you spend more than 183 days outside India, your income is exempt from Indian income tax (as per prevailing rules).
• Perks & Facilities: Free accommodation, meals, medical care, and international travel.
• Rapid Growth: Promotions lead to exponential salary hikes.
• Foreign Exchange Earnings: Salaries are usually paid in US Dollars, making them more valuable.