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PMJJBY Pradhan Mantri Jeevan Jyoti Bima Yojana Get 2 Lakh Rupees Insurance Cover By Spending 330 Rupees As Premium

Pradhan Mantri Jeevan Jyoti Bima: There was a time when...

Pradhan Mantri Jeevan Jyoti Bima: There was a time when it was believed that insurance cover could only be bought by the rich or the middle class. But, nowadays many such government insurance policies have come, through which you can get the benefit of lakhs in less investment. One of them is the insurance policy, Pradhan Mantri Jeevan Jyoti Bima Yojana.

This benefit is available in PMJJBY scheme
Under the Pradhan Mantri Jeevan Jyoti Bima Yojana, you get the facility of an insurance cover of Rs 2 lakh. Through this scheme, you will have to pay Rs 330 annually. To take advantage of this scheme, your age should be between 18 to 50 years. The premium amount of this plan is deducted through auto-debit mode. Your account should have KYC facility. Let us tell you that as soon as your age crosses 55 years, then this policy is closed.

The scheme runs from June 1 to May 31
Pradhan Mantri Jeevan Jyoti Bima Yojana is renewed every time. This policy runs from 1st June to 31st May. If the premium of this plan is applied on auto-debit mode, then due to this the money is automatically deducted from the account on the due date. To avail the scheme, KYC must be completed in your account.

Along with this, all things are needed like Mobile Number, Passport Size Photo, Bank Passbook etc. The special feature of this scheme is that due to low premium, people from poor and low income group of the country can also take advantage of this scheme.

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