Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)

Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)

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It also offers life insurance protection under group policies to people below poverty line at subsidised rates under social.

Pradhan Mantri Jeevan Jyoti Bima Yojana is a government-backed life insurance scheme in India. It was originally mentioned in the 2015 Budget speech by Finance Minister Arun Jaitley in February 2015. It was formally launched by Prime Minister Narendra Modi on 9 May in Kolkata. As of May 2015, only 20% of India’s population has any kind of insurance, this scheme aims to increase the number.

Pradhan Mantri Jeevan Jyoti bima yojana is launched by the govt. of India which offers total Rs 2 lac of insurance by just Rs 330 per year. Anyone can apply for this scheme but they should have their Indian residence and their age must be between 18 to 50 years. The scheme will be attached to the applicant saving bank account number.

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Pradhan Mantri Jeevan Jyoti Bima Yojana – Know about the PMJJBY , its details, how to apply, benefits of life insurance policy, eligibility criteria, premium amount, risk coverage and more on this.

Pradhan Mantri Jeevan Jyoti Bima Yojana is flagship scheme launched by Union Government in May 2015, to extend life insurance cover to all citizens of India.

Pradhan Mantri Jeevan Jyoti Bima Yojana. Highlights of the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY – Scheme 2 – for Life Insurance ) are as below: Eligibility: The savings bank account holders of the Participating Bank between 18 years (completed) and 50 years (age nearer birthday) who have given the consent to join the scheme / enable auto- debit, as per the modality, will be.

Now you can get a life cover of Rs 2 lakh for as little as Rs 330 per annum. Known as the Pradhan Mantri jeevan jyoti bima yojana (pmjjby), this scheme was launched by the Government of India to offer.

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Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) offers a renewable life insurance cover of `200,000/- which has an affordable premium of `330/- annually. All Indian citizens, within the age group of 18 to 50 years, are eligible to avail the scheme.

Pradhan Mantri Jeevan Jyoti Bima Yojana 2019 | PMJJBY 2019. 330 |

Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) Government through the budget speech announced three ambitious Social Security Schemes pertaining to the Insurance and Pension Sectors, namely Pradhan

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