While Sepoy Ganesan (25) was cremated at Chokkathevanpatti, Havildar Kumar (37) was buried at Kumanankuzhu.
The atmosphere at the funeral was highly emotional with friends, relatives and locals bidding tearful farewell.
District Collectors of Madurai and Theni - Veeraraghava Rao and Venkatachalam respectively - handed over cheques of Rs 10 lakh each to the bereaved families, the solatium announced by the state government.
The government has also assured job to one family member of the two deceased soldiers.
One of them, Lance Naik Hanumanthappa Koppad, found alive under the snow, also died on February 11 after battling for life.