Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)

Pradhan Mantri Jeevan Jyoti Bima Yojana is an insurance scheme that would be renewable every year with a cover for just one year at a time. The scheme covers death due to any reasons. The main administrator of the scheme would be life insurance corporation along with few other insurance companies who are willing to offer a similar product under the scheme.

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Pradhan Mantri Jeevan jyoti bima yojana (pmjjby) After the overwhelming response of Pradhan Mantri Jan Dhan Yojana, Prime Minister Sh. Narendra Modi on 9th May 2015 launched a series of social security schemes for the welfare of people working in unorganized sector. These social security schemes of government help cope up with uncertainties of life.

[Also read: PM Narendra modi launches pradhan mantri Suraksha Bima Yojana (PMSBY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), & Atal Pension Yojana (APY)] “I chose Bengal to launch these.

Under the partnership, existing or new Airtel Payments Bank savings bank account holders between the age of 18 and 50 years can buy the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY). The process of.

Bharti Axa Life Insurance and Airtel Payments Bank on Thursday entered into an alliance to offer the Pradhan Mantri Jeevan Jyoti Bima Yojana’ (PMJJBY), a government-backed life insurance scheme. The.

Pradhan Mantri Jeevan Jyoti Bima Yojana Highlights of the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY – Scheme 2 – for Life Insurance ) are: Eligibility: ICICI Bank Savings Bank (SB) Account holders between 18 years (completed) and 50 years (age nearer birthday) who have given the consent to join the scheme / enable auto-debit, as per the modality, will be enrolled into the scheme.

Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) Nodal agencies/Bank Partners for implementation of PMJJBY Scheme Revised rules (2016-17) Information about the scheme Documentation with Master Policy holder Forms for account holder Grievance Registration and Redressal (30 KB) Claim Settlement Procedure (921 KB)

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Pradhan mantri jivan jyoti bima yojna (PMJJBY) About; Pradhan Mantri Jeevan Jyoti Bima Yojana is a government-backed Life insurance scheme in India. he premium is Rs. 330 per annum which is to be auto-debited in one installment f rom the subscriber’s bank account as per the option given by him on or before 31st May of each annual coverage period under the scheme.