Atal Bimit Vyakti Kalyan Yojana

Atal Bimit Vyakti Kalyan Yojana – Apply Online, Eligibility details

Atal Bimit Vyakti Kalyan Yojana – Apply Online, Eligibility details: A lot of Indians have faced crisis during the pandemic. It is obvious that businesses were shut for a long period of time which shrunk all the working capital and thus, employees were forced to leave. Well, for the people who lost their job recently and are looking for a job in their locality, there is good news. The government has come up with Atal Bimit Vyakti Kalyan Yojana were the authorities will be providing you the job opportunities which you deserve. The best part of the story is that the scheme is open for all the different people who have lost their job due to the Covid-19 pandemic. All the details regarding the Atal Bimit Vyakti Kalyan Yojana Eligibility criteria, application process, purpose, benefits, required documents, etc are mentioned in this article. 

What is Atal Bimit Vyakti Kalyan Yojana? 

ABVKY or the Atal Bimit Vyakti Kalyan Yojana is being launched by ESIC or Employee’s State Insurance Corporation. The basic motto of the scheme is to provide financial assistance to the people who have lost their jobs due to the corona pandemic. The people will be offered financial aid based on their salaries.Atal Bimit Vyakti Kalyan Yojana

Latest Update: {Good News for all the candidates of the ABVKY Welfare Scheme} The Employees State Insurance Corporation (ESIC) has extended the scheme by 1 year to 30th June 2021. Stay tuned for the latest official updates and announcements here.  

The major benefit of going for the scheme is that the central government will be providing money for the next 24 months. However, it is important for the individuals to look out and keep a check on the official website of ESIC at www.esic.nic.in. The best part of this Yojana is that it is being extended till June 30, 2021, and therefore, the candidates are getting more time to apply for the scheme. 

Atal Bimit Vyakti Kalyan Yojana Details

Name of the Scheme Atal Bimit Vyakti Kalyan Yojana (ABVKY)
Launched By Employee’s State Insurance Corporation (ESIC)
Beneficiaries Unemployed people
Objective To offer financial assistance to unemployed people
Category Sarkari Yojana
Official Website www.esic.nic.in

Benefits of Atal Bimit Vyakti Kalyan Welfare Scheme

  1. ESIC is offering financial assistance to all the people from the organized sector who have lost their job due to the corona recession.
  2. The relief up to 25% of the average per day earning during the previous four contribution periods (total earning during the four contribution period/730) to be paid up to maximum 90 days of unemployment once in the lifetime of the IP on submission of claim in form of an Affidavit will be given.
  3. The unemployment benefits claim will be settled by the ESIC within a period of 15 days.
  4. The applicant will be able to claim 50% of the average salary of 3 months.
  5. The payment under the unemployment benefit is now doubled from 24 March to 31 December.

Atal Bimit Vyakti Kalyan Yojana Eligibility Details

There are few eligibility that a candidate must fulfill in order to apply for the ABVKY Welfare Scheme.

  1. It is very important for the insured candidate to be unemployed while applying for the scheme. 
  2. The Aadhar and Bank account of the insured person needs to be linked with his/her database.
  3. There must be no criminal case filed against the candidate looking to avail of this scheme.
  4. The unemployment of the candidate must not be because of any punishment due to any misconduct or any voluntary retirement. 
  5. Retirees won’t be permitted to take advantage of the scheme.
  6. The candidate must have contributed at least 78 days during each of the preceding four contribution periods.
  7. The insured candidate should have served insurable employment for a minimum period of 2 years.

How to Apply for Atal Bimit Vyakti Kalyan Yojana? 

All the employees are worried due to their job loss during the corona period. If you are one of them and are eligible for the ABVKY Welfare scheme, you should fill the registration form to the earliest. The individuals are required to download the Atal Insured Person Welfare Scheme form online and therefore, fill-up the form and submit it to the nearest ESIC branch as soon as possible. 

The individuals are requested to fill it up and submit it as soon as possible because a lot of people are applying for the same and the first one will be entertained first. The steps are mentioned below and hence, a person should follow it strictly. 

  1. A person needs to visit the official website page of ESIC at www.esic.nic.in. There you will be allowed to download the Welfare Scheme form. 
  2. On the homepage, you will be able to find out the option for ‘Atal Bimit Vyakti Kalyan Yojana’ link. A person needs to use this link to download the form. 
  3. Now, the person has to print out the form and fill it up.
  4. Everyone is supposed to look out for the details they have provided because the form is supposed to be filled properly with no errors in it.
  5. Now, once the form is being filled up then you have to submit it to the Employees State Insurance Corporation branch which will be closest to you.
  6. Apart from it, an individual is required to submit a non-judicial stamp paper of Rs 20.

Thanks a lot for visiting our website. If you have any doubts or queries about the Atal Bimit Vyakti Kalyan Yojana , leave a comment below.

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