The Rythu Bima Scheme 2024 was initiated by the government of Telangana. The Rythu Bima Scheme 2024 was introduced by the Telangana State Authority to offer Life Insurance to all farmers in Telangana State. In this program, the chosen farmer’s family will be provided with monetary support following the unexpected passing of the farmer.
As per the Telangana state government, over 47 lakh farmers will be included in the Rythu Bima 2024. Everyone who meets the requirements can visit the official website and complete the online application to receive the benefits of the Rythu Bima Scheme 2024.
Rythu Bima Scheme Overview
| Name of the scheme | Rythu Bima Scheme |
| Introduced by | Telangana state government |
| Objective | Provide Life Insurance coverage |
| Beneficiaries | Farmers of Telangana state |
| Eligibility | Farmers between the age group of 19 to 50 years |
| Insurance coverage | INR 5 lakh |
| Scheme start date | 15th August 2024 |
| Official Website | https://rythubandhu.telangana.gov.in/Default_LIC1.aspx |
Rythu Bima Scheme Objective
The primary goal of the Rythu Bima is to offer monetary protection to the farmer’s family in case of death. With this plan, the Life Insurance Corporation of India will cover the cost of the premium. All selected applicants under the program will be provided with INR 5 lakh as life insurance upon their death.
Farmers in Telangana aged between 19 and 50 years can access the Rythu Bima Scheme’s benefits. As per official sources, the program is set to commence on August 15, 2024, in the state of Telangana.
Rythu Bima Scheme Benefits
- Farmers chosen will be provided with Life Insurance by the Telangana state government through the Rythu Bima Scheme.
- Under this scheme, chosen applicants’ families will receive a life insurance policy worth INR 5 lakh.
- The life insurance will be transferred by the government within 10 days following the farmer’s death.
- The Rythu Bima Scheme 2024 offers a lower premium compared to the market, making it affordable for farmers.
Rythu Bima Scheme Eligibility
The Rythu Bima, released with the aid of the Government of Telangana, targets to offer financial security to farmers and their households. Here are the eligibility criteria for enrollment within the scheme:
- Farmers should be between 18 to 60 years of age to qualify for the scheme.
- The applicant needs to be a resident of Telangana state.
- The scheme is applicable to all farmers, along with each loanee and non-loanee farmers. There is no minimum landholding requirement.
- Farmers must have a bank account of their call that is related to their Aadhaar card.
- Farmers are required to pay an annual premium of ₹1,2 00, with the government subsidizing a sizable portion of this quantity.
These standards make certain that the scheme reaches those who need it most even as supplying critical monetary support in case of unexpected instances affecting farmers.
Rythu Bima Scheme Documents
- Aadhar Card
- Email ID
- Mobile Number
- Electricity bill
- Address Proof
- PAN Card
How To Apply Rythu Bima Scheme
The Rythu Bima, aimed at imparting lifestyles coverage coverage to farmers in Telangana, has a trustworthy utility method. Here are the steps to use:
- Go to the reputable Rythu Bima website.
- Download the Application Form: Locate and down load the software form available at the website.
- Complete the application form with all essential info, such as private records and land possession info.
- Submit the completed utility shape together with the attached documents on your neighborhood Agriculture Extension Officer or via distinct offices.
- After submission, your software can be established via the worried authorities.
- Once accepted, you may get hold of confirmation of your enrollment inside the scheme, and a unique LIC ID might be generated for you.
- In case of an unfortunate occasion, your nominee can claim the coverage amount by way of submitting a declare form together with required documents to the Agriculture Extension Officer.
- This procedure ensures that eligible farmers can without problems access economic protection through lifestyles insurance insurance underneath the Rythu Bima.
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