Pradhan Mantri Jivan Jyoti Bima yojna (PMJJBY)
- Pradhan Mantri Jeevan Jyoti Bima Yojana is a government-backed Life insurance scheme in India. he premium is Rs. 330 per annum which is to be auto-debited in one installment f rom the subscriber’s bank account as per the option given by him on or before 31st May of each annual coverage period under the scheme.
- Age of applicant between 18 years to 50 years having a bank account.
- Aadhar would be the primary KYC for the bank account.
- Risk coverage under this scheme is for Rs. 2 Lakh in case of death of the insured, due to any reason.
NOTE: please visit www.nsiindia.gov.in for latest instructions/ modification in the scheme.