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PMSBY / PMJJBY

PRADHAN MANTRI JEEVAN JYOTI BIMA YOJANA [PMJJBY]

  • Eligibility: Available to people in the age group of 18 to 50 and having a bank account. People who join the scheme before completing 50 years can, however, continue to have the risk of life cover up to the age of 55 years subject to payment of premium.
  • Premium: Rs 330/- per annum. It will be auto-debited in one instalment.
  • Payment Mode: The payment of premium will be directly auto-debited by the bank from the subscribers account.
  • Risk Coverage: Rs. 2 Lac in case of death of account holder for any reason.