Pradhan Mantri Jeevan Jyoti Bima Yojana

Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) provides life insurance cover of Rs. 2 lakhs for an annual premium of Rs. 436/-. This is an annual cover with insurance coverage period from 01st June to 31st May, renewable from year to year and provides cover for death due to any reason. The scheme would be administered through Life Insurance Corporation of India. All savings bank account holders in the age group of 18 to 50 years are entitled to join the scheme.

Our customers in the eligible age bracket can join this scheme by submitting the duly filled in consent-cum-declaration form at our branches.