Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)

iAbout This Scheme

PMJJBY is a renewable one-year life insurance scheme offering ₹2 lakh coverage on death (due to any cause) at an annual premium of ₹436. It is available to savings bank account holders aged 18–50. The premium is auto-debited from the subscriber's bank account. It is one of the government's social security flagship schemes.

🎁Key Benefits

• ₹2 lakh life insurance coverage on death from any cause
• Annual premium of ₹436 (auto-debited from bank account)
• Renewable annually
• Covers ages 18–50; coverage extends to 55 if enrolled before 50
• Available through all participating banks and post offices
• Simple claim settlement process

✅Eligibility Criteria

• 1
  Savings bank account holders
• 2
  Aadhaar linked bank account required

📝How to Apply

❓Frequently Asked Questions