Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)

Scheme: Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)


Pradhan Mantri Jeevan Jyoti Bima Yojana

Eligibility of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY):
  • Savings bank account holders between 18 years (completed) and 50 years (age nearer birthday)
  • In case of multiple saving bank accounts held by an individual in one or different banks, the person would be  eligible to join the scheme through one savings bank account only

Premium of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY):  Rs.330/- per annum per member.

Policy period of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY):
  • The cover shall be for the one year period stretching from 1st June 2015 to 31st May 2016.
  • Application will be required to be given by 31st May of every year, extendable up to 31st August. 

Product Benefits:


Table of Benefits
Sum Insured
Death

Rs. 2 Lakh