PMJJBY (Pradhan Mantri Jeevan Jyoti Bima Yojana)

Risk Coverage under this scheme is for Rs. 2 Lakh in case of death of the insured, due to any reason.

  • Eligible Age: 18 years to 50 years
  • Annual Premium : Rs. 436/-
  • Life Insurance coverage of Rs. 2,00,000/-
  • Cover Period : One year starting from 1st June to 31st May
  • Renewal with auto debit
Dealy enrollment for prospective cover is also possible with payment of pro-rata premium as described below:-

S.No Enrollment Period Premium Type Revised Premium
A June, July, August Full Annual Premium Rs. 436/-
B September, October, November Pro Rata Premium Rs. 342/-
C December, January , February Pro Rata Premium Rs. 228/-
D March, April , May Pro Rata Premium Rs. 114/-