PM Jeevan Jyoti Bima Yojna
Prime Minister Narendra Modi is continuously announcing beneficial schemes for the Indian Citizens and PM Jeevan Jyoti Bima Yojna is one of them. PM Jeevan Jyoti Bima Yojna (PMJJBY) is a Life Insurance Scheme which has been opened for the welfare of deprived people. This Scheme provides benefits to the family members with over Rs. 2 Lakh which will be payable in case of applier’s death caused by any reason. Get complete details to fill PMJJBY Form through this article.
The Jeevan jyoti Insurance Scheme is a one year cover scheme that can be renewable after every year. This scheme would be provided through Life Insurance Corporation of India and other Life Insurance companies and Banking Firms. Each applying member just has to pay a total premium of Rs. 330/- per anum. If you want to get benefits of this scheme then you must check complete relevant details through this page of www.recruitmentinboxx.com.
PM Jeevan Jyoti Bima Yojna
- PM Jeevan Jyoti Bima Yojna is a Death Cover Insurance Scheme which is open for all people.
- Appliers need to hold a burden of premium because appliers just have to pay Rs. 330/- as a yearly premium.
- There is no agent or mediator is present to collect the premium amount. The payment of premium will be done by deduction of specific amount from the individual’s bank account.
- This Scheme is providing risk coverage of Rs. 2 lakh after death of applier due to any reason.
- Individuals can apply through LIC or any Life Insurance firms that has tied-up with this scheme.
- Applying candidates are required to give a nominee name and other relevant details while joining the scheme.
- After completion of one year, appliers need to renew this scheme to get benefits at end.
Government Announcement of PMJJBY: Get PDF
PMJJBY Eligibility Criteria:
Any applicant who is lying under the age of 18 years to 50 years can apply for PM Jeevan Jyoti Bima Yojana. It is necessary for the appliers to having their saving account in any of the participating bank. While applying for the first time, candidates should have to submit the self -certification of good health.
Enrollment Modality of PM Jeevan Jyoti Bima Yojna
The cover shall be for one year phase stretching from 1st June to 31st May for which decision to pay by auto-debit facility from the selected personal bank account on the prescribed forms will be needed to be given by 31st May of every year. Late enrolment with payment of complete yearly premium for future cover is possible.
PM Jeevan Jyoti Bima Yojana Premium Details:
Applying individuals need to pay the annual premium of Rs. 330/-
Measurement Of Premium:
- Insurance Premium to LIC / insurance company: Rs.289/- per annum per member
- Compensation of Expenses to BC/Micro/Corporate/Agent: Rs.30/- per annum per member
- Compensation of Administrative expenses to participating Bank: Rs.11/- per annum per member
Important Note: Full premium is payable irrespective of day of joining the scheme.
Revised Rules For Pradhan Mantri Jeevan Jyoti Bima Yojana: Get Here
Benefits of PM Jeevan Jyoti Bima Yojana Scheme
With the enrollment of PM Jeevan Jyoti Bima Yojna, appliers will get the benefits of sum assured of Rs. 2 lakh in case of death for any reason.
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How To Apply for PMJJBY Application Form?
- Willing candidates can apply for this scheme, by log on to the official website i.e. www.jansuraksha.gov.in
- On the home page, press on “Read More” link given under “Pradhan Mantri Jeevan Jyoti Bima Yojana”.
- Read the complete details of scheme and then press on “Forms” tab given in the menu bar.
- Press on “Pradhan Mantri Jeevan Jyoti Bima Yojana” button and then hit on “Application-Forms” button.
- Candidates need to select the language in which they want to get the application form.
- Now, download the form and fill it with correct details.
- After that, candidates need to submit the filled in form with copies of required documents to the participating banks/ firms.
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We hope that the information provided above will prove beneficial for you. To get all the updates and modifications in PM Jeevan Jyoti Bima Yojna 2017, keep visiting this page time to time. You can also go through our web portal www.recruitmentinboxx.com to check details of latest schemes.
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