Family Benefit Scheme (FBS)
The Family Benefit Scheme (FBS) by KKMA is an essential program dedicated to providing financial support to the families of deceased members. Recognizing the profound impact that the loss of a loved one can have, both emotionally and financially, FBS is designed to ease the financial burden during such difficult times. This scheme offers immediate and substantial financial relief, ensuring that families can manage funeral expenses and other urgent needs without additional stress.
The FBS operates on a collective contribution model, where all remaining members contribute a nominal amount per member in the event of a death. This pooled fund, amounting to approximately 8 to 10 lakh Indian Rupees, is paid out in a lump sum to the bereaved family. In addition to this financial support, the FBS includes a unique "FBS Scholarship Scheme," which ensures that the children of deceased members receive funding for their education up to the 12th standard. This comprehensive approach not only addresses immediate financial needs but also provides long-term educational support, reflecting KKMA’s commitment to the welfare of its members and their families.
