Immediately after the medal presentation, Narender Batra, President of Hockey India, went to the dressing room and announced the rewards.
"Australia did well to win the title, but for me you too are winners today," said Batra soon after the Champions Trophy jury had rejected India's appeal against a shootout infringement.
India lost 1-3 in the shootout to world champions Australia after the title encounter remained goalless in regulation period.
Hockey India's chief announced that each player and the chief coach would receive a reward of Rs 2 lakh, while the remaining support staff shall be rewarded by Rs 1 lakh.