Sarkari Yojana
Pradhan Mantri Suraksha Bima Yojana
About Pradhan Mantri Suraksha Bima Yojana
This Accident Insurance Scheme covers accidental death and disability arising from an accident. Premium: Set at Rs.20/- per annum per member, deducted via ‘auto debit’ from the account holder’s bank/Post office account on or before 1st June of each annual coverage period. Coverage Duration: Coverage under PMJJBY runs for one year, from 1st June to 31st May, once the annual premium is paid. Accident cover assurance termination: The member’s accident cover ends or gets restricted on either of these events: • The member turning 70 years of age (nearer birthday). • The Bank account being closed, or its balance being too low to keep the insurance active. Where a member holds PMSBY cover through more than one account and the insurance company inadvertently receives premium for both, the insurance cover is capped at Rs. 2 lakh.
Scheme Overview
Central Government
Ministry Of Finance
Banks
09 May 2015
Scheme Details
Eligibility Requirements
To qualify for Pradhan Mantri Suraksha Bima Yojana, applicants must satisfy the following conditions:
Individual account holders of participating banks who are…
Individual account holders of participating banks who are between 18 years (completed) and 70 years (nearer birthday) of age, and who consent to join and enable auto-debit, get enrolled in the scheme.
Benefits Provided
Pradhan Mantri Suraksha Bima Yojana provides the following benefits to eligible applicants:
On the subscriber's death, the Nominee receives Rs
On the subscriber's death, the Nominee receives Rs. 2 Lakhs.
For total and irrecoverable loss of both eyes,…
For total and irrecoverable loss of both eyes, or loss of use of both hands or feet, or loss of sight in one eye combined with loss of use of a hand or foot, the Subscriber receives Rs. 2 Lakhs.
For total and irrecoverable loss of sight in…
For total and irrecoverable loss of sight in one eye, or loss of use of one hand or foot, the subscriber receives Rs. 1 Lakh.
2015-05-09
How to Apply
Offline Application
Applicants can apply for Pradhan Mantri Suraksha Bima Yojana through the offline application process outlined below.
Application Portal: Open Application Portal ↗
To enrol in PMSBY offline, visit the bank…
To enrol in PMSBY offline, visit the bank branch holding your savings account, or go to the official site — https://jansuraksha.gov.in/Forms-PMSBY.aspx — to download the form.
Once downloaded, fill in all the details on…
Once downloaded, fill in all the details on the application form and submit it to the bank along with the required documents.
After successful submission, the subscriber receives an Acknowledgement…
After successful submission, the subscriber receives an Acknowledgement Slip Cum Certificate of Insurance. Contact: State wise tollfree number - https://jansuraksha.gov.in/files/STATEWISETOLLFREE.pdf National Toll Free Number - 1800-180-1111 / 1800-110-001
Online Application
Applicants can apply for Pradhan Mantri Suraksha Bima Yojana through the online application process outlined below.
Application Process
Cover under PMSBY can also be obtained online via your bank's Net banking facility.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.