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CLAIM ID

997c4c2e

The Pradhan Mantri Jeevan Jyoti Bima Yojana offers insurance coverage at a premium rate of ₹330 per annum.

The premium of ₹330 per year is auto-debited in one installment from the subscriber’s bank account under the PMJJBY scheme.

The premium of ₹330 per year is auto-debited in one installment from the subscriber’s bank account under the PMJJBY scheme.The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is a term life insurance plan for people aged 18 to 50 who have a bank account and consent to participate in/enable auto-debit. Before the end of each annual coverage period under the scheme, on or before May 31, a yearly ₹330 premium is auto-debited in one installment. It is deducted from the subscriber's bank account automatically, based on his preferences. It is a one-year life insurance plan that is renewable year after year and provides death coverage.

A life cover of ₹2 lakhs is available per member, and in the case of a joint account, all holders can join the scheme if they meet its eligibility criteria and can pay the premium at the rate of ₹330 per person per annum.

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