Central GovernmentVerified

Janshree Bima Yojana for Khadi Artisans

Ministry: Ministry Of Micro, Small and Medium Enterprises

The scheme aims to provide insurance cover to Khadi artisans. Through this scheme, group insurance benefits are provided to Khadi artisans (spinners and weavers).

Start date15 Aug 2003
Last verifiedToday

About This Scheme

The scheme "Janshree Bima Yojana for Khadi Artisans" has been launched by the Khadi and Village Industries Commission (KVIC), Government of India, and aims to provide insurance cover to Khadi artisans. Through this scheme, group insurance benefits are provided to Khadi artisans (spinners and weavers). The scheme is implemented by Khadi and Village Industries Commission (KVIC) in association with Life Insurance Corporation of India (LIC). The scheme was formulated in the name of Khadi Karigar Janshree Bima Yojana (JBY) to provide insurance protection to Khadi artisans. The scheme provides assistance in cases of death, permanent disability, and partial disability. A free add-on scholarship benefit is also provided for children of Khadi Karigar studying in 9th to 12th standard.

Benefits

₹20.0K

  1. For death: Natural causes – ₹20,000; and Accident – ₹50,000.
  2. For permanent disability (loss of two eyes or two limbs) – ₹50,000.
  3. For partial disability (loss of one eye or one limb) – ₹25,000.
  4. Free add-on benefit: Scholarship of ₹300 per quarter for children of Khadi Karigar, studying in class 9th to 12th standard, subject to a maximum of 2 children per family

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.

Required Documents

  • Proof of Age
  • Proof of Income (Income Certificate)
  • Proof of Occupation
  • Aadhaar
  • Bank Details (Aadhaar Seeded)
  • Death Certificate / Certificate of Disability (case specific)

✦ Required ◦ Optional

How to Apply

IIn-person

The nominee of the deceased person will have to follow the procedure below:

Step 1: The beneficiary will have to furnish the original death certificate of the deceased person to the Pension Group Schemes Department of LIC of India through the Khadi Institution under which the deceased was a member.

Step 2: In case of accidental deaths, the police enquiry report will also need to be submitted along with the application.

Step 3: The agency will proceed further to forward the documents along with the claim records/papers to LIC, as the branch that originally finalised the insurance cover.

Step 4: The Life Insurance Corporation will settle all the claims by sending an account payee cheque directly to the beneficiary. This intimation has to be furnished to the concerned State Government.

Quick Info

Level
Central Government
Max benefit
₹20.0K
Launched
15 Aug 2003