PMJJY

Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJY) is a Government of India life insurance scheme available to savings/current account holders, offering a life cover on death of the insured from any cause.

Eligibility

• Age 18 to 50 years, with a savings/current bank account.

• Auto-debit consent for annual premium from the linked account.

• Cover continues up to age 55, subject to annual renewal.

Benefits

• Life cover of ₹2,00,000 on death of the insured due to any reason.

Premium

• ₹436 per annum, auto-debited from the account each year on enrolment/renewal.