Pradhan Mantri Jeevan Jyoti Bima Yojana i.e. PMJJBY was started in the year 2015. This is an insurance scheme under which life insurance is given to the people. The most special thing about this scheme is the premium of this scheme. Let us know about the details of this scheme.
Many types of schemes are being run by the central government for the citizens of the country. One of these schemes is also Pradhan Mantri Jeevan Jyoti Bima Yojana i.e. PMJJBY. This scheme was started in the year 2015. This is an insurance scheme under which life insurance is given to the people. The most special thing about this scheme is the premium of this scheme. Let us know about the details of this scheme.
Pradhan Mantri Jeevan Jyoti Bima Yojana
Under the Pradhan Mantri Jeevan Jyoti Bima Yojana, people are given life insurance of Rs 2 lakh. On the other hand, if we talk about the premium going into this scheme, then the premium of this scheme is only Rs 436 per annum. The objective of this scheme is to provide insurance to the poor people of the country.
Eligible for Pradhan Mantri Jeevan Jyoti Bima Yojana
Any person between the age of 18 to 50 years can take advantage of Pradhan Mantri Jeevan Jyoti Bima Yojana. At the same time, the person taking insurance should have a bank account linked to Aadhaar card. To apply for the scheme, you will only need Aadhaar card, bank passbook and auto debit consent letter, so that the premium can be debited from your account.
When does PMJJBY claim come
PMJJBY claim comes when the insured person dies, whether the person’s death is natural or due to an accident. In such a situation, if you are not taking insurance due to your low budget, then this scheme is best for you.
