Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) | Subsidy in the form of life insurance cover to all Indian citizens
Operated by
Ministry of finance government of India - Department of financial services
Purpose
Financial assistance in the form of life insurance cover to all Indian citizens
Probable duration
2015
Eligibility
- The subscriber should be within the age limit between 18 to 50 years.
- The subscriber should have a working saving account with any of the bank in India
- The subscriber should give a written consent that the premium would be auto-debited from his/her saving account on an annual basis and he/she would maintain the required minimum balance at the time of auto-debit
- Those who join the scheme after the last date of the scheme would have to pay full premium along with a self certification of good health
- A declaration would have to be made by the subscriber that he/she is not suffering from any acute and critical illness at the time of enrolling into the scheme.
Benefit Description
To provide life insurance cover to all Indian citizens
Application process
Refer the link for application form http://www.pradhanmantriyojana.in/wp-content/uploads/2015/05/jeevan-jyoti-yojana-scheme-application-form-in-english.pdf
Other Details
Conditions if Any
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More Information