YSR Bheema Scheme 2023: scheme details, eligibility, and online application

In order to benefit the residents of Andhra Pradesh, the state government is launching a number of initiatives. Recently, the government of Andhra Pradesh introduced a new insurance programme known as the YSR Bheema scheme. In this article, we will discuss the YSR Bheema Scheme and provide you with all of the pertinent facts, including what the YSR Bheema Scheme is, Its purpose, advantages, characteristics, eligibility requirements, and application method, among other things. Like YSR Housing Scheme is for Housing, YSR Bheema Scheme is for Life Insurance for the family members.

YSR Bheema scheme: Details

YSR Bheema scheme in Andhra Pradesh 2023

The Andhra Pradesh Bhima Programme was established by the state government to assist families in the case of the loss of the family’s primary breadwinner or in the event of an accident. Amounts in excess of 510 crores will be paid by the government to insurers on account of the recipients. As soon as the premiums have been paid, the money will be put into their bank accounts within a week. Every beneficiary, on the other hand, is required to have their own bank account. The state government of Andhra Pradesh would additionally provide Rs 10,000 in emergency cash assistance on top of that. The recipient is required to pay a yearly premium of Rs 15 to participate in the programme.

YSR Bheema scheme: Objective 

The primary goal of the YSR Bheema plan is to offer insurance coverage to the family of low-wage and unorganised state employees. When a beneficiary suffers a permanent handicap or passes away, the person’s nominee will be able to claim the benefit amount. The recipient family member can get financial assistance as a result of the effective execution of this plan.

YSR Bheema scheme: Benefits

• YSR Bheema is a type of insurance plan that provides financial protection to families of low-wage and unorganised people in the event of an accident.
• In the event of the beneficiary’s death, the YSR Bima amount or insurance benefit will be paid to the designated beneficiary’s inheritance.
• Approximately 1.14 million Andhra Pradesh residents will benefit from this programme.
• The Andhra Pradesh government has set up Rs 510 crores to ensure the scheme’s proper implementation.
• The beneficiary’s family member’s bank account would be credited with Rs. 1.5 lakh to Rs. 5 lakh in insurance coverage under the plan.
• Within 15 days of submitting a claim, the YSR Bima compensation amount will be paid.
• Beneficiary family members will get an additional Rs 10,000 in short-term financial aid.
• The recipient is required to pay an annual payment of Rs 15 to participate in this programme.
• Identity cards with a unique ID number and the insurance number will be given to the beneficiary.
• The claim money will be sent straight into the bank account using direct bank transfer mode.
• Concerns about coverage enrollment or claim settlement may be addressed to the PDDRDA by the beneficiary.

YSR Bheema scheme: Insurance coverage 

• Between the ages of 18 and 50, there is Rs 5 lakh insurance coverage for unnatural death and complete and permanent disability.
• Between the ages of 51 and 70, Rs 3 lakh in insurance coverage for unnatural death and complete and permanent disability.
• Between the ages of 18 and 50, insurance benefits of Rs 2 lakh in the event of natural death
• Insurance benefits of Rs 1.5 lakh between the ages of 18 and 70 years in the event of a permanent partial disability caused by an accident

YSR Bheema scheme: Nominee

The following individuals may be nominated under the YSR Bheema scheme:-

• Beneficiary’s wife
• 21-year-old son
• A daughter who is unmarried
• A daughter who is widowed
• Parents who are dependent
• Daughter in law who is widowed or her children

According to the YSR Bima plan, the recipient will get an identification card that will include a unique identifier and the policy number of the organisation.

YSR Bheema scheme: Eligibility and documentation required

• The candidate must be an Andhra Pradesh permanent resident
• The candidate must possess a white ration card
• Ration card
• Aadhar identification card
• Certificate of residence
• Certificate of income
• Photograph of passport size
• Particulars of the bank account
• Mobile phone number

YSR Bheema scheme: Procedure for applying

Beneficiaries are not needed to register for the YSR Bheema scheme. Volunteers will conduct door-to-door surveys and check white ration cards. Following that, the secretary of welfare will verify the survey data and pick recipients. After that, chosen recipients would be required to register a bank account, which includes the nominee, and will be obligated to pay a fee of Rs 15 per year. 

YSR Bheema scheme: Details of active and inactive accounts

• Follow this link “YSR Bhima Active & Inactive Accounts Dashboard.” The following page will appear on your computer screen.

• On this page, you’ll find a breakdown of the number of active and inactive accounts in each district.
• This time, you’ll need to choose the district in which you’d want to see the report. Next, a new window will appear with a new page ready for your review.

YSR Bheema scheme: How to check YSR bheema money beneficiary status?

One can visit the official portal provided by the Andhra Pradesh government to check the YSR Bima scheme beneficiary status. Visit https://ysrbima.ap.gov.in and go the reports section to view the details.

YSR Bheema scheme: Helpline number

If you have any questions or concerns, you may call the AP Bheema Scheme toll-free number: 155214.

FAQs