Good news arrived for Keralite expats in the UAE today. They have more time to join a special insurance scheme. The deadline for the Pravasi Dividend Scheme is now November 30.
This plan offers huge benefits. It gives life insurance cover worth Dh500,000. You also get accident cover for Dh200,000. This protects you and your loved ones.
This amazing protection costs just Dh1 a day. That is about Rs20 in Indian money. Many people wanted to join. So, officials extended the deadline.
M.A. Yusufali confirmed the news. He is the Vice Chairman of the welfare fund board. The extension helps more Keralites sign up. This shows the scheme’s popularity and importance.
New Deadline for Expats’ Safety Net
The Kerala government runs this scheme. It is for Non-Resident Keralites, called NRKs. They live in the UAE and other GCC countries. This scheme builds a strong safety net for them.
The initial deadline was October 31. But demand was very high. Many Keralites requested more time. So, the Kerala Non-Resident Keralites’ Welfare Fund Board listened. They moved the date to ensure everyone gets a fair chance.
This extension gives you extra weeks to apply. Don’t miss this crucial opportunity. It offers vital financial security for your future. It also provides peace of mind for your family back home.
Do you know someone who needs this? Tell them about the new deadline today. Spread the word quickly among your friends and community. This good news can help many families.
The scheme name is the Pravasi Dividend Scheme. It helps NRKs aged 18 to 57 years. This age range covers a wide working population.
Speaker P. Sreeramakrishnan launched the program. He is from the Kerala Legislative Assembly. It provides a strong safety net for expat welfare. To learn more about Kerala’s welfare initiatives for its diaspora, you can visit the Norka Roots website.
How the Pravasi Dividend Scheme Works
Joining is simple. You pay a one-time contribution. This amount is Rs500,000. That equals about Dh25,000 in UAE currency. This is a secure investment.
You then receive a monthly dividend. It is 10% of your contribution. So, you get Rs5,000 every month. This provides a steady income stream.
Your main contribution stays safe. It is fully protected by the government. You can get it back after three years if you need it. Or, your family receives it if something unfortunate happens to you. This ensures long-term financial stability.
This scheme truly helps. It offers both steady returns and vital insurance coverage. It is a smart way to plan for your future. Many expats seek secure ways to grow and protect their earnings, and this scheme offers a unique opportunity for them, as highlighted by information on Non-Resident Indians.
Applying is easy. You can do it all online. Just go to the official NRKWF website. Make sure you meet the age and residency requirements. The process is designed to be user-friendly.
The welfare fund ensures financial stability. It protects Keralite families globally. This extension is a big relief for countless individuals. It shows the government cares about its expatriate community.
So, if you are an eligible Keralite expat, act fast. The new deadline is approaching quickly. Secure your future and your family’s financial well-being today. Do not delay your application.
Don’t wait until the very last minute. Apply before November 30. Get valuable peace of mind right now. This is a chance you don’t want to miss.
