YSR Bheema Scheme 2024

YSR Bheema Scheme 2024 - Apply Online, Eligibility & Beneficiary List: YSR Bheema scheme is an insurance Scheme that provides security for low-income families and other unorganized workers of Andhra Pradesh. Under this AP insurance scheme, if the beneficiary dies due to an accident or suffers a permanent disability, then the insurance amount is given to the beneficiary’s family member. Through this YSR Bheema scheme of around 1.14 crore, the people of Andhra Pradesh state will benefit. The government has decided on a budget of Rs 510 crore for this AP insurance scheme. Under the YSR Bheema Scheme, an insurance cover from 1.5 lakh to Rs 5 lakh rupees is deposited into the beneficiary family member's bank account within 15 days. In addition, Rs 10000 immediate financial relief is also given by the government of Andhra Pradesh state. Under the scheme, the beneficiary must pay a premium of Rs 15 per year.

Also, Check: YSR Bheema Help Desk No's

This article will be about the benefits And features Of the YSR Bheema Scheme, Insurance Coverage Under the YSR Bheema Scheme, and YSR Bheema Scheme Application.

Also Check: Upadi Hami Pathakam Payment Status Online

Benefits And Features Of the YSR Bheema Scheme

1) YSR Bima scheme is an Insurance Scheme that provides security for low-income families and unorganized workers
2) If the beneficiary dies, the insurance coverage amount is given to the nominee.
3) This AP insurance scheme benefits around 1.14 crore people of Andhra Pradesh state.
4) For the successful implementation of this YSR Bheema scheme, the state government of Andhra Pradesh decided on a budget of Rs 510 crores.
5) The AP Insurance scheme covers from Rs 1.5 lakh to Rs 5 lakh and is deposited into the bank account of the beneficiary’s family member.
6) The claim amount is given within 15 days of the filing of the claim amount.
7) Rs 10,000's immediate financial relief is also provided to the beneficiary's family member.
8) Under this YSR scheme, the beneficiary must deposit a premium of Rs 15 per annum.
9) For the beneficiary, an identity card containing a unique identification number and policy number is given to them.
10) The direct bank transfer method deposits the claim amount into the bank account.
11) If the beneficiary faces any problem, they can contact PD DRDA for complaints or issues regarding insurance enrollment or claim payment.

Insurance Coverage Under YSR Bheema Scheme

1) For 18 to 50 years- Rs 5 lakh Insurance coverage for both accidental death and total permanent disability
2) For 51 to 70 years- Rs 3 lakh Insurance coverage for both accidental death and total permanent disability
3) For 18 to 50 years- Rs 2 lakh Insurance coverage in case of natural death
4) For 18 to 70 years – f Rs 1.5 lakh Insurance coverage in partial permanent disability due to an accident.

Eligibility Criteria & Required Documents

1) The applicant needed to be a permanent resident of Andhra Pradesh
2) The applicant must have a white ration card.
3) Ration card
4) Aadhar card
5) Residence certificate
6) Income certificate
7) Passport size photograph
8) Bank account details
9) Mobile number

Nominee of YSR Bheema Scheme

You can add the nominee for the YSR Bheema Scheme. The following are the eligible for the nominee of YSR Bheema scheme :

Unmarried daughter
Widowed daughter
Dependent parents
Wife of the beneficiary
21 year old son
Widowed daughter-in-law or her children

How to apply for the YSR Bheema Scheme?

For applying for the YSR Bheema Scheme, applicants are not required to do registrations. The volunteers conduct surveys through door-to-door campaigns and checks for the white ration cardholders. Then, the information collected from the door-to-door survey is verified by the welfare secretary, and the beneficiary applicant is selected. The selected beneficiary needs to open a bank account that includes the nominee, and then that beneficiary person needs to pay a premium of Rs 15 per year. To know more information, you can also visit the official website.