Bal Jeevan Bima Yojana 2024: Invest Rs 6 Daily to Secure Upto Rs 3,00,000 Return

Visit the Post Office today to invest in the Bal Jeevan Bima Yojana and get a maximum benefit of Rs 3,00,000 by paying Rs 6 per day. This Child Life Insurance Scheme was launched by the Government of India with every citizen in mind. Nowadays, parents have various plans for their children’s futures, and this scheme has been introduced by the post office to support those plans.

The scheme is available for a maximum of two children per family. Parents can apply for this scheme for their children aged between 5 and 20 years. To subscribe to the life insurance scheme for five years, parents need to deposit Rs 18 daily.

For a 20-year plan, the daily premium is Rs 6. The Child Life Insurance Scheme offers a minimum sum assured of Rs 1,00,000 and a maximum of Rs 3,00,000. If you’re interested in this policy for your child, read our post thoroughly for detailed information.

Bal Jeevan Bima Yojana: Objectives

There are different types of child schemes in India today. Therefore, like other child plans, Bal Jeevan Bima Yojana has some objectives:

• The main objective of launching this scheme is to ensure that every citizen of India can save for the future of their children.
• If for some reason an accident happens to the child’s parents, this scheme has been started so that there is no problem in the education and nutrition of the children.
• Through this scheme, parents of every poor and middle class family will be able to make their children eligible.

Bal Jeevan Bima Yojana: Beneficiary

When we started this article, we started discussing about Child Life Insurance Scheme, then we have said that every citizen of India can get the full benefit of this scheme by applying for his two children, but there are some rules for that have to follow.

Bal Jeevan Bima Yojana: Eligibility Criteria

If you want to apply for child life insurance plan for your children, it will require certain qualifications:

• The age of parents should not be more than 45 years to apply.
• Before applying under this scheme, the child’s age should be minimum 5 years and maximum age should be 20 years.
• Under this scheme only 2 children of the family will be able to get benefits.

Bal Jeevan Bima Yojana: Important Documents

While applying for Child Life Insurance Scheme, you have to submit certain documents, those documents are as follows:

• Proof of child’s birth
• Aadhar card
• Proof of address
• Aadhar card of parents
• Mobile number
• Passport size photograph

Bal Jeevan Bima Yojana: Application Procedure

If you want to apply for the Bal Jeevan Bima Yojana without any errors, follow these steps:

Step 1: First, the child’s parents need to visit the nearest post office to initiate the application process for the Bal Jeevan Bima Yojana.

Step 2: Once at the post office, request the application form for the Bal Jeevan Bima Yojana from the appropriate counter or officer.

Step 3: Carefully fill out the application form with all the required information. Ensure that all details are accurate and complete. Attach the necessary documents, which may include proof of age for the child, identity and address proof of the parents, and any other required paperwork.

Step 4: Submit the completed application form along with the attached documents to the officer in charge at the post office. Make sure everything is properly organized to avoid any delays or issues.

Step 5: After submitting your application, you will receive a receipt from the post office. Keep this receipt safe, as it serves as proof of your application and may be needed for any future reference or follow-ups regarding the insurance policy.

By following these steps, you can ensure a smooth and error-free application process for the Bal Jeevan Bima Yojana.

Bal Jeevan Bima Yojana: Important Link