Pradhan Mantri Jeevan Jyoti Bima Yojana

About This Scheme

Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is an insurance scheme offering life insurance cover for death due to any reason. It is a one-year cover, renewable from year to year. The scheme is offered by banks/post offices and administered through life insurance companies. All individuals who are account holders of participating banks/ post office in the age group of 18 to 50 years are entitled to join.

What You Get

As set out by Ministry Of Finance.

• PMJJBY offers one- year term life cover of ₹ 2.00 Lakh to all the subscribers in the age group of 18-50 years.1. It covers death due to any reason.
• Premium payable is ₹ 436/- per annum per subscriber, to be auto debited from the subscriber’s bank/post office account.

Am I Eligible?

You may be eligible if all of these are true for you.

• The age of the applicant must be between 18 to 50 Years.
• The applicant must hold an individual bank / post office account.

Final eligibility is decided by the government department handling this scheme.

Required Documents

The official source does not publish a document checklist for this scheme. Check the scheme guidelines below, or ask at the office where you apply, before you set off.

How to Apply

1. 1 Download and take print of the “CONSENT-CUM-DECLARATION FORM” given in the link below: https://www.jansuraksha.gov.in/Files/PMJJBY/English/ApplicationForm.pdf#zoom=250
2. 2 Duly fill and sign the application form, attach the self-attested copies of the required documents, and submit the case to the authorised official of Bank / Post Office. The official will return you the “ACKNOWLEDGEMENT SLIP CUM CERTIFICATE OF INSURANCE”.

Official Documents and Links

Published by the department that runs this scheme.

• Guidelines