PMJJBY is on the market by Life Insurance Corporation of India (LIC) and different taking part life insurance coverage corporations. (Representative picture)
A authorities-backed life insurance coverage scheme, Pradhan Mantri Jeevan Jyoti Bima Yojana was launched in May 2015 by Prime Minister Narendra Modi.
Pradhan Mantri Jeevan Jyoti Bima Yojana (Scheme) (PMJJBY) gives life insurance coverage protection for dying attributable to any trigger. This annual protection is renewable and is on the market by banks or submit workplaces, with administration dealt with by life insurance coverage companies. Participation is open to people aged 18 to 50 who maintain accounts with taking part banks or submit workplaces.
A authorities-backed life insurance coverage scheme, Pradhan Mantri Jeevan Jyoti Bima Yojana was launched in May 2015 by Prime Minister Narendra Modi.
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The scheme is on the market by the Life Insurance Corporation of India (LIC) and different taking part life insurance coverage corporations.
Pradhan Mantri Jeevan Jyoti Bima Yojana Benefits
PMJJBY provides a one-12 months time period life cowl of Rs 2.00 Lakh to all subscribers within the age group of 18-50 years.
It covers dying attributable to any motive.
The premium payable is Rs 436/- every year per subscriber, to be auto-debited from the subscriber’s financial institution/submit workplace account.
What Is The Minimum Eligibility To Subscribe To PMJJBY?
The age of the applicant should be between 18 to 50 years.
The applicant should maintain a person financial institution/submit workplace account.
All financial savings checking account holders in age 18 to 50 years in taking part banks will likely be entitled to affix. In case of a number of financial institution accounts held by a person in a single or completely different banks, the individual could be eligible to affix the scheme by one financial savings checking account solely.
How Do You Pay Premium For PMJJBY?
The premium will likely be deducted from the account holder’s financial institution / Post workplace account by the ‘auto debit’ facility.
Pradhan Mantri Jeevan Jyoti Bima Yojana Online Apply
One can even avail cowl underneath PMJJBY on-line utilizing their financial institution’s Net banking facility.
Pradhan Mantri Jeevan Jyoti Bima Yojana Offline Apply
- Step 01: Download and take print the “Consent-cum-declaration Form” given within the hyperlink beneath: https://www.jansuraksha.gov.in/Files/PMJJBY/English/ApplicationForm.pdf#zoom=250
- Step 02: Duly fill and signal the appliance type, connect the self-attested copies of the required paperwork, and submit the case to the authorised official of the financial institution/submit workplace. The official will return you the “Acknowledgement Slip Cum Certificate Of Insurance”.
