Benefits
Beneficiary: Mother/Father/Natural guardian
The child gets health insurance coverage up to a maximum of Rs. 25,000 a year.
The annual scholarship of Rs. 300 to Rs. 1,000 up to the tenth standard is given to the girl
To Promote the birth of girl children in economically weaker families and to raise their status within the family and society.
To provide Financial assistance to the girl child through her mother/father/natural guardian subject to the fulfilment of certain conditions
Apart from these benefits, the parents have got Rs. 1 lakh in case of an accident and Rs. 42,500 for the natural death of the beneficiary. At the end of 18 years, the beneficiary would be paid Rs.34, 751.
Certain interim payments such as annual scholarships and insurance benefits have made available to the beneficiary on continued fulfilment of the eligibility criteria
The annual scholarship amount for Bhagya Laxmi Scheme is given in the table below:
A scholarship of Rs.300 per annum for girls in classes 1st to 3rd
A scholarship of Rs.500 per annum for girls in classes 4th
A scholarship of Rs.600 per annum for girls in classes 5th
A scholarship of Rs.700 per annum for girls in classes 6th and 7th
A scholarship of Rs.800 per annum for girls in classes 8th
A scholarship of Rs.1,000 per annum for girls in classes 9th and 10th