PMJJBY: Pradhan Mantri Jeevan Jyoti Bima Yojana, Rs 2 lakh for Rs 436

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PMJJBY: Pradhan Mantri Jeevan Jyoti Bima Yojana, Rs 2 lakh for Rs 436


PMJJBY: 31 May 2025 is the last date

PMJJBY, the most popular scheme across the country, makes many changes in its rules from time to time. Under the new rules, you can now insure up to Rs 2 lakh for Rs 436. Let us know that the PMJJBY scheme has become very popular among the countrymen in the last 10 years. By April 2023 last year, about 17 crore people had joined the scheme. Its claim rate is also more than 99 percent.

Crores of people join PMJBY scheme

Under the government’s scheme, you can now insure Rs 2 lakh for Rs 436. Explain that if you have not yet taken the benefit of this scheme of the Central Government, then take immediately. Crores of people have joined this scheme, which started in 2015. Under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), you can take insurance of Rs 2 lakh for your family. The biggest thing about this scheme is that anyone can connect with this scheme. Whether poor or rich. Let’s know about this plan ..

This is Pradhan Mantri Jeevan Jyoti Bima Yojana

The Central Government started the Pradhan Mantri Jeevan Jyoti Bima Yojana to keep the future of the families of the poor and the needy. The main objective of this scheme is that poor and needy families have to benefit through insurance. Under this scheme, a provision has been made to give a life insurance of Rs 2 lakh to the common people at a nominal premium. Please tell that by paying Rs 436 every year, any person can take this insurance policy.

This is the objective of Pradhan Mantri Jeevan Jyoti Bima Yojana

  • Every citizen of India can get life insurance facility at low cost
  • Those who cannot buy expensive premiums, their family is also safe

This is the main features of the scheme

  • Giving insurance of 2 lakhs in a premium of Rs 436 annually
  • Life insurance to people aged 18 to 50 years
  • To provide insurance scheme facility to the poor section of the country
  • 2 lakh rupees are given to the nominee in case of death
  • The biggest thing is that whether death is due to accident or natural, insurance claim will be found.
  • This is a life insurance plan, that is, there is a benefit only in the event of death.

The year is counted from June 1 to May 31

The year of Pradhan Mantri Jeevan Jyoti Bima Yojana is counted from June 1 to May 31. In such a situation, the premium of the policy depends on which quarter you are joining this scheme. As you join this scheme in September, you will get coverage only from September to 31 May, so if you take a policy in October, then it will have to be renewed again in June.

Close Prime Minister Jeevan Jyotted Insurance Scheme in this way

You do not have to do much for this. You have to go to the bank to cancel the auto debut consent letter or to close the bank account from where the premium is deducted.