About this banking scheme
Khadi artisans can get insurance cover through the Janshree Bima Yojana. Benefits include Rs. 20,000 for natural death and Rs. 50,000 for accidental death. Apply offline anytime as there is no last date.
The Janshree Bima Yojana for Khadi Artisans provides insurance coverage to Khadi artisans. This scheme is run by the Ministry of Micro, Small and Medium Enterprises, in collaboration with the Life Insurance Corporation of India.
The scheme offers financial support in cases of death and disability. It also includes a scholarship for the children of Khadi artisans.
It is crucial for ensuring that Khadi artisans have financial protection in times of need. This support helps them and their families during difficult situations.
Benefits at a glance
| Scheme name | Janshree Bima Yojana for Khadi Artisans (KKJBY) |
|---|---|
| Launched by | Ministry Of Micro, Small and Medium Enterprises |
| Launch year | 2003 |
| Benefit | Khadi artisans can get insurance cover through the Janshree Bima Yojana. |
| Benefit type | Cash (money paid to your bank account) |
| Category | Banking |
| Level / State | Central · All India |
| Official portal | my.msme.gov.in (link at the end of this page) |
Key facts
| Scheme type | Central Sector Scheme |
|---|---|
| Implementing agency | Pension Group Schemes Department, Life Insurance Corporation Of India (LIC) |
| Scheme for | Infra |
| Application mode | Offline |
| Last date | Ongoing (no last date notified) |
| DBT (direct bank transfer) | No |
Who can apply (quick check)
- 👤All genders
- 🎂Age 18 to 59 years
- 💼Khadi Artisan
- 📝Offline
Quick check from official data. Full conditions are in the Eligibility section.
खादी कारीगरों को जनश्री बीमा योजना के तहत बीमा कवर मिल सकता है। प्राकृतिक मृत्यु पर 20,000 रुपये और दुर्घटना पर 50,000 रुपये का लाभ मिलता है। आवेदन ऑफलाइन किसी भी समय किया जा सकता है, कोई अंतिम तिथि नहीं है।
Khadi artisans can get insurance cover through the Janshree Bima Yojana.
What you receive
- Rs. 20,000 for death due to natural causes
- Rs. 50,000 for accidental death
- Rs. 50,000 for permanent disability (loss of two eyes or two limbs)
- Rs. 25,000 for partial disability (loss of one eye or one limb)
- Scholarship of Rs. 300 per quarter for up to 2 children studying in classes 9 to 12
The benefits are paid directly to the beneficiary through the Life Insurance Corporation after the necessary claims are processed.
Who qualifies
- I am a Khadi Artisan (Khadi Karigar).
- I am between 18 and 59 years old.
- I am a member of an approved occupation group with at least 25 members.
Who is not eligible
- No specific exclusions mentioned; all eligible Khadi artisans can apply.
Papers to keep ready
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Registration walkthrough
- The nominee must submit the original death certificate to the Pension Group Schemes Department of LIC through the relevant Khadi Institution.
- For accidental deaths, include the police enquiry report with the application.
- The agency will forward the documents to LIC for claim processing.
- LIC will settle the claims and send a cheque to the beneficiary.
To check the status of your application or payment, contact the relevant LIC office or the Khadi Institution where you applied.
Important dates
| Launch / start | 15 Aug 2003 |
|---|
Real-life examples: are you eligible?
A quick way to gauge your eligibility: find the profile nearest to yours.
Every case differs. Confirm your eligibility on the official portal before applying.
- Not providing complete documents can lead to rejection.
- Missing the age proof can disqualify the application.
- Submitting incorrect bank details may delay payment.
- Not following the application process correctly can cause issues.
- Failure to include required certificates for disability claims can lead to rejection.
Terms used in this scheme
- Accident
An accident refers to an unexpected event that occurs suddenly and is caused by external factors.
- Permanent disability
Permanent disability means the loss of two eyes or two limbs, making one unable to work.
- Partial disability
Partial disability refers to the loss of one eye or one limb, which affects a person's ability to function.
- Approved vocation / occupation group
These are groups recognized by LIC that consist of at least 25 members engaged in similar work.
Frequently asked questions
What is covered under permanent disability?
Permanent disability means losing two eyes or two limbs.
How much is the financial aid for natural death?
The aid is Rs. 20,000 for natural death.
Are scholarships available for children?
Yes, there is a scholarship of Rs. 300 per quarter for up to two children.
Do I need to belong to a specific state?
No, the scheme is available to Khadi artisans across all states.
How will I receive the benefits?
Benefits are paid directly by LIC through a cheque.
Is the application process online?
Currently, applications can only be submitted offline.
What happens if I submit the wrong documents?
Incorrect documents may lead to rejection of the application.
Can I apply if I am 17 years old?
No, applicants must be at least 18 years old.
Submit your application yourself on the official portal; it costs nothing. Treat anyone demanding money to "get you approved" as a scam.
tsmpb.in is not affiliated with any government department. Apply only on the official portal and never pay anyone for an application.
First draft prepared with editorial AI tools; every fact verified against the official notification and rewritten by our team.
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