About this scheme
Mahatma Gandhi Bunkar Bima Yojana provides free life and accident insurance to handloom weavers via LIC. Cover: Rs. 1.5 lakh accidental death, Rs. 75K natural death, Rs. 75K total disability + scholarship for children.
What you get
- Rs. 1.5 lakh accidental death cover
- Rs. 75K natural death cover
- Rs. 75K total/partial disability cover
- Rs. 1,200/year scholarship per child (max 2 children)
- Premium fully subsidised by Government
- Automatic renewal as long as weaver is active
Who qualifies
Handloom weavers aged 18-59 registered with the Office of Development Commissioner (Handlooms). Active loom or weaver society membership required. Premium fully subsidised by Government.
Industries (NIC divisions)
TextilesApparel
Business types
Proprietorships
Available across India (central scheme).
How to apply
- 1Register with Office of Dev Commissioner (Handlooms)
- 2Submit Aadhaar + active loom proof
- 3LIC nodal officer enrolls beneficiary
- 4Cover starts immediately
- 5Annual reverification of weaver status
- 6Claim filed by nominee via LIC
Key terms and conditions
- Annual reverification of active weaving
- Premium fully government-paid (zero out-of-pocket)
- Children scholarship paid annually
What disqualifies you
- Non-handloom weavers ineligible
- Inactive weavers (no production) lose cover
- Age outside 18-59 range excluded
Documents typically required
- Handloom weaver ID
- Aadhaar
- Bank account
- Active loom proof
The content above is compiled from public information published by the scheme authority. Eligibility, benefits, and procedures are subject to change. Confirm details directly with the official portal before applying. BharatSeal does not process scheme applications.