E-Vahan Bima Scheme has been launched by Telangana [ Current News (Concise) ]

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In order to issue motor insurance policy in digital form, Telangana Government has launched e-Vahan Bima Scheme. By legally accepting motor vehicle insurance policy in digital form Telangana has become the first state in the country to do so.

About e-Vahan Bima Scheme

  • The scheme about an electronic motor insurance policy which is issued in digital form with Quick Response (QR) and for the policy detail need to scan code for verification.
  • Insurance Regulatory Development Authority (IRDA) and Insurance Information Bureau of India (IIBI) have jointly established it.
  • State police and transport and information technology departments of the state are also included in this scheme.
  • Police and state authorities will use QR code to scan for verification of policy details.
  • They also have included SMS-based verification for more security.
  • With this verification process has become easier as with the digital version of insurance policy which can be stored and accessed on smart phones.

- Published/Last Modified on: January 8, 2016