Pradhan Mantri Jeevan Jyoti Bima Yojana has been started by the Prime Minister of India Mr. Narendra Modi on 9th May 2015. The objective of the scheme is to secure the future of the beneficiary’s Family. Under Pradhanmantri Jeevan Jyoti Bima central government Provides Rs.2 lakhs rupee insurance cover the policyholder who gets died due to any reason. Under PMJJBY Scheme 2019 the premium of Insurance is Rs.330/- per annum per subscriber. PM Jeevan Jyoti Bima Insurance scheme is an auto-debited scheme under which you have to pay less than 1 Rupee Per day. In the below section check the complete details of the Insurance scheme and avail of all the benefits.
प्रधानमंत्री आवास योजना लिस्ट 2023 | PMAY
Table of Contents
What is Pradhan Mantri Jeevan Jyoti Bima Yojana
Pradhan Mantri Jeevan Jyoti Bima Yojana is an insurance policy scheme under which all savings bank account holders in the between age 18 to 50 years in participating banks will be eligible to join the Scheme. Under this PMJJBY Scheme, 2 Lakhs Rupee Death cover will be given to the policyholders. it is an auto Debited Scheme. One key point is that this scheme will be linked only to the bank accounts opened under the Pradhan Mantri Jan Dhan Yojana. The Beneficiary should have to open their bank account under the Pradhan Mantri Jan Dhan Yojana. Beneficiary can get a Bima cover of up to 2 lakh rupees during the Covid-19 epidemic in being a Prime Minister Jeevan Jyoti Insurance Scheme. PMJJBY provides life cover for 55 years. This insurance can be availed only when the bank has a savings account.
Who When & Where Launch The PMJJBY Scheme
Jeevan Jyoti Bima Yojana was launched by Prime Minister Narendra Modi on 9th May 2015 in Kolkata and it’s originally mentioned in the budget of 2015.
Why PMJJBY Launch
Pradhanmantri Jeevan Jyoti Bima Yojana The government feels the need PM Jeevan Jyoti Bima Scheme because only 20% of India’s population has any kind of insurance. This PMJJBY Scheme’s main objective is that to increase the number of this kind of Insurance policyholders.
PMJJBY scheme Key Highlights
| Details | Date |
| Scheme Name | Jeevan Jyoti Bima Yojana |
| Who launched Scheme | Prime Minister Narendra Modi |
| Date Of launched | 9th May 2015 |
| Category | Insurance Scheme |
| Premium Value | 330/- per annum |
| Death cover | Rs. 2 Lakh Rupee |
Pradhan Mantri Jeevan Jyoti Bima Yojana Benefits
- It gives 2 lakh death cover to the policyholder.
- Its premium value is too small only 330 Rupees Per annum.
- Its fully secured insurance policy
- Auto Debited Insurance Scheme
प्रधानमंत्री आवास योजना उत्तरप्रदेश
PMJJBY Required Documents
- Bank Account opened Under Pradhan Mantri Jan Dhan Yojana.
- Identity proof
- Declaration Form
How to Apply Pradhanmantri Jeevan Jyoti Bima
- Firstly you go to the official website.
- Open the home page on your screen.
- You have to visit the Bank Branch where you have your bank account
- Submit all the Required Documents and Declaration Form with appropriate detail
- Then submit all Form and all required detail & Documnets to the branch manager.
Important Downloads
| PMJJBY Rules English | Click Here |
| PMJJBY Consent Form Cum Declaration Form English | Click Here |
| PMJJBY Insurance Claim Form English | Click Here |
| PMJJBY Rules Hindi | Click Here |
| PMJJBY Consent Form Cum Declaration Form Hindi | Click Here |
| PMJJBY Insurance Claim Form Hindi | Click Here |
Important Links
| Central Govt Scheme | Click Here |
| UP State Govt Scheme | Click Here |
FAQs Queastions
The life cover of Rs. 2 lakhs shall be for the one year period stretching from 1st June to 31st Mai and will be renewable. Risk coverage under this scheme is for Rs. 2 lakh in case of death of the ensured. Due to any reason.
Pmjjby is a renewal term insurance policy that provides a yearly Life insurance coverage of Rs. 2,00,000 in case of the demise of the ensured person, at the most affordable premium rate of Rs. 330 per annum.