Contents
- 1 Pradhan Mantri Jeevan Jyoti Bima Yojana Scheme Introduction
- 2 Government Pradhan Mantri Jeevan Jyoti Bima Yojana Scheme Eligibility Conditions
- 3 Government PMJBY Scheme Key Features
- 4 PM Jeevan Jyoti Bima Yojana Scheme Enrollment period
- 5 Termination of Assurance
- 6 Pradhan Mantri Jeevan Jyoti Bima Yojana Scheme Forms and Documents
Pradhan Mantri Jeevan Jyoti Bima Yojana Scheme Introduction
Pradhan Mantri Jeevan Jyoti Bima Yojana Scheme was introduced by Government of India in the Year 2015. Government’s PMJBY (Pradhan Mantri Jeevan Jyoti Bima Yojana) Scheme provides life Insurance Cover to your family in case of any unfortunate death of scheme holder due to any reason. This PMJBY scheme provides life insurance cover for only one year which can also be renewable from year to year with low premium.
The Annual Premium payable by Scheme holder is Rs.330 only which is valid for one year. Under this PMJBY Govt’s scheme Rs. 2,00,000 is payable to scheme holder’s family in case of death due to any reason. PMJBY life insurance cover scheme will start from 01 June 2015 to 31 May 2016.
Government Pradhan Mantri Jeevan Jyoti Bima Yojana Scheme Eligibility Conditions
| Entry Age |
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| Scheme Period |
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| Date of Implementation |
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| Premium |
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| Premium Payment Mode |
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| Risk Coverage |
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| Primary KYC |
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| Tax benefits |
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Government PMJBY Scheme Key Features
Main Key Features of Government PMJBY Scheme are as follows
- One year Renewable group life insurance cover.
- One time Annual premium is payable i.e., Rs.330 per subscriber.
- On death of Scheme holder due to any reason Rs.2 lakhs is payable.
- Premium will be deducted annually from scheme holder’s savings bank account through ‘auto debit’ facility in one installment on or before 31st May every year.
- Under this PMJBY scheme, Bank will be the master policyholder. Individual members will be provided with certificate of Insurance (COI).
- Terms of Risk Coverage: Account holder has to opt for this PMJBY scheme every year. He can also prefer to give a long term option of continuing, in which case his account will be auto-debited every year by the bank.
PM Jeevan Jyoti Bima Yojana Scheme Enrollment period
- All account holders who are interested towards this scheme are required to enroll and give their auto-debit consent by 31 May 2015.
- Late Enrollment for prospective cover will be possible up to 31 August 2015. Government had extended the enrollment for another 3 months, i.e. upto 31 Nov 2015.
- Candidates who are joining subsequently after 31 August 2015, will be able to do so with payment of full Annual premium for prospective cover and with submission of self-certificate of good health in the prescribed proforma.
Termination of Assurance
- Scheme holder attains age of 55 years.
- Closure of Bank account or low balance for debiting premium.
- In case of multiple coverage under this PMJBY scheme then the insurance cover will be restricted to Rs.2 lakhs and all other life insurance covers are terminated and the premium shall be forfeited.
Pradhan Mantri Jeevan Jyoti Bima Yojana Scheme Forms and Documents
Required documents for Government PMJJBY Scheme are attached below
Pradhan Mantri Jeevan Jyoti Bima Yojana Scheme 1
Pradhan Mantri Jeevan Jyoti Bima Yojana Scheme 2
PMJBY Application form in English
PMJBY Application form in Hindi
Prabhash Kumar says
May 8, 2015 at 10:53 amSir can i withdraw the money aftet 5 years as told by my bank manager. If yes how many %.
Ranjan Das says
July 6, 2015 at 9:18 amSir can i withdraw the money aftet 5 years as told by my bank manager. If yes how many %.
vijay says
August 20, 2015 at 5:42 amYou can’t withdraw any thing. It is only life cover of rs.200000.
chota prashanth says
October 5, 2015 at 2:38 pmCan i cancel. This policy
prtap kumar sahoo says
July 30, 2015 at 5:38 pmpradhanmantriji you r great of indian poor
shan says
October 27, 2015 at 4:26 pmWat,… this is suppose to be for poor indian, atleast there should be a facility to get money after maturity or at least some percent…
vijay says
August 20, 2015 at 5:39 amNo return will you get.
chandan kumar manik says
May 8, 2015 at 12:45 pmWe wants high return through low premium given
hemant kumar says
May 8, 2015 at 1:58 pmJivan bima family plan my family Mel & fimel 7
R.P. Singh says
May 8, 2015 at 3:17 pmThe scheme is good and it is a way to reach easily to the account and deposit of account holder but all the same this scheme is worth of appreciation to give security to the people and family members.
harish singh says
May 9, 2015 at 6:48 amwant to know more about the policy!!
vivek sharma says
February 7, 2017 at 1:27 pmi want to knw abt the policy is it applicable now also
RAJEEV KUMAR says
May 9, 2015 at 7:40 amIS NOMINEE COULD GET BOTH CLAIM IN CASE OF INSURED PERSON DIED IN ACCIDENT i.e. 2 LAC AGAINST ACCIDENTAL POLICY & 2LAC AGAINST PMJJBY POLICY
SUDHIRKUMAR NARAYANA RAO GUMASTE says
May 9, 2015 at 10:46 amgood
SUDHIRKUMAR NARAYANA RAO GUMASTE says
May 9, 2015 at 10:47 amTHIS POLICY IS GOOD .
Shankar Kalambe says
May 9, 2015 at 12:32 pmGood for poor people…
avinash kumar says
May 9, 2015 at 2:13 pmplease give me introduction
Mallikarjun Ganagi says
May 10, 2015 at 10:09 ambest sceme
kuleen says
May 10, 2015 at 2:28 pmI would like to know can one get the claim of both the scheme pmjdy and pmjby simultaneously.
GAURAV SHARMA says
May 11, 2015 at 4:34 amSir, Please tell me one things if who’s person have 50 years old and just he death over 50 year.
can He deserve 2 lacs.
rabilal murmu says
May 11, 2015 at 7:13 amI like this.desh hamara barta rage.
rabilal murmu says
May 11, 2015 at 7:16 amSantal Botha Ku jat age koraope
rabilal murmu says
May 11, 2015 at 7:17 amI like this.desh hamara barta rahe.
Prashant says
May 11, 2015 at 1:51 pmBank of India or State Bank of India ka saving a/c hai, to yeh bima le sakate hai kya?
VINAYAK says
May 11, 2015 at 1:55 pmI am vinayak and I would like to PMJBY online .is it possible .?
vamseenath says
April 5, 2016 at 6:21 amYA, in Andhra bank if you have savings account you can open online
V. K. Misra says
May 13, 2015 at 5:16 amI shall be indebted, if the following queries are replied to me by return mail :
1) What Monetary benefit the Policy Holder shall get after 55 years in terms of return of money ?
2) What shall be the fate of policy after attaining the age of 55 years by Policy Holder ? After 55 years of age the Policy can be continued or shall be construed to be stopped ?
3) Can husband and wife are allowed to deduct the premium through the joint account or separate account as policy envisages that action can be inititated, if thepolicy is obtained through two different accounts.
Kind regards and
neesha lotlikar says
May 13, 2015 at 5:42 amplz mail me d documents require for dis scheme
vijay durgade says
May 13, 2015 at 8:02 amI would like to know can one get the claim of both the scheme pmjdy and pmjby simultaneously.
Mukti Mistry says
May 15, 2015 at 10:57 amI want to know more information about both scheme…….
B Rajendar says
July 10, 2015 at 5:44 amThis policy is very good for poor people, thank u modi sir thank u very much
RAGHU KC says
August 4, 2015 at 9:45 amsir,
iam really thanks to you, this is very good and so helpfull people in india
Ravinder dande says
September 13, 2015 at 1:35 pmcan i get this scheme for my brother ?
Shyam says
September 22, 2015 at 8:01 amI recently contacted the bank for applying this scheme, unfortunately scheme ended on august 31st. i just gone through google its shows government may be extend this scheme by Nov last date.
Could you please confirm the same,
Deeksha says
October 11, 2015 at 7:25 amentry age is 18-50 yrs.. ok then what is the age for termination of policy? @50yrs or @55yrs?
katkuri sai krishna says
November 3, 2015 at 12:50 pmsir, i will get money back if i withdraw from the scheme
Muralikrishnan Rangaswamy says
November 26, 2015 at 1:21 pmHi,
I have joined this plane through IDBI bank account, I haven’t receive any acknowledgement receipts or LIC Bond paper then how do my family claim money if anything happen to me.. Kindly give me the answer….
Deepika Sree says
December 16, 2015 at 4:54 amHi Sir, my sister met with an bike accident and died on Sept 11, when we contacted the SBI branch they said we have not claimed any policy till now and asked us to come after 1 month as the Manager is new to the branch.
She had enrolled for both PMJJBY & PMSBY can we claim both or only one, and what is the procedure for this, please help us because she had 3 year old son.
Chander Tripathi says
March 10, 2016 at 6:40 pmPlease confirm how many instalments we have to pay as premium.
arpit m. dave says
March 22, 2016 at 11:47 amstill i have not received certificate/policy from central bank of India or l.i.c. of India for PMJJBY…personally i visited their offices twice,they are not replying properly and toss up the matterto each other…whose responsibility is there regarding issue of certificate/policy?
Sanjib Kumar Bora says
March 28, 2016 at 5:09 amDear Sir,
Is there any fresh guidelines specifically timelines for enrollments which would be happening under newly launched Unified Package Insurance Scheme(UPIS) of Government of India. What would be the cut off date for enrollments in FY 2016-17?
Ashish Kumar sharma says
May 5, 2016 at 9:32 amNot found my certificate yet
Ranjit kumar says
May 7, 2016 at 5:38 amThis policy is very good .but public ko policy number nahi pata
ARUN SHARAN says
May 12, 2016 at 9:05 amhello sir my name is arun sharan and i am a holder of this scheme since last year. And now i got the text message mentioning that your renewl of this policy is due on 31/05/2016. so maintain the balance of premium for that.So i wqnt to know that how much money i need to pay for its renewal? And if i crossed the due date of renewing the scheme then what i have to do then? Do i need to pay a fine or i have to enrol again for this scheme?
Devesh kumar says
May 14, 2016 at 12:56 amLic ne pujay ka theka to le liya par claim to de nahi pa rahi h ese to jewan jyoti bima krane se kya fayda hmare bhai GYANCHANDHRA jee ko expair hue 6 month ho chuke h par abhi ta unki patni ko claim nahi mila policy no . PM0606152741556 h name GYANCHANDHRA central bank NABIPANAHA me bema tha abhi tak claim nahi mila bhai logo apna apna pujay band kra do coil benifit nahi h
yatsih says
May 19, 2016 at 6:56 amCan i make a payment of premium online
Vikash Kumar Sah says
May 24, 2016 at 9:50 amYe bahut hi accha skim hai sir
Vikash Kumar Sah says
May 24, 2016 at 9:51 amSahi me
Lata Pallati says
May 24, 2016 at 9:52 amCan I enroll today PMJBY scheme.
NINAD RAJARAM WADAYE says
May 25, 2016 at 8:06 amIf not dead with in that period…Then what ??????
Dharmnath says
June 2, 2016 at 9:34 amPls confirm me about how to change the nominee becz bank employees are not taking any response about the same.
VIJAY KUMAR says
June 17, 2016 at 6:53 amSir,
How can get my PMJBY policy certificate from LIC as the payment of the same has been auto debited from my account and no such certificate received from LIC till date.
s rameshbabu says
June 21, 2016 at 5:40 amif any return the amount after 50years available .yes or no yes means how much return the amount the above policy please reply my mail id srameshbabu.26@gmail.com
PIYASHI GANGULY D/O SRI SOURINDRANATH BANERJEE says
July 12, 2016 at 1:44 pmSir,
My daughter has opened PMJBY policy of Rs.330,00 per year on 30,05.15 No.40692 in UBI, Bhubandanga Branch,Bolpur,Birbhum.. She has not received any document relating to the policy and it is not clear how long she will have to pay the policy premium. Term of any policy is essential but in this case no clear information is laid down.
Therefore, I would request you to clear the matter and oblige.
With warm regards,
Sourindranath Banerjee
Adiak Newme says
August 17, 2016 at 11:50 amhow to know whether a person is enrolled in pmjjby and pmsby.? or how to check the status whether the account is active or not?
varma m j says
December 8, 2016 at 3:33 pmhow can i get a premium receipt
BHASKAR R PRAJAPATI says
December 21, 2016 at 1:07 pmhow we have premium certificate of PRADHAN MANTI JEEVAN JYOTI YOJANA my email id. bhaskarprajapati1@gmail.com
BHASKAR R PRAJAPATI says
December 21, 2016 at 1:07 pmhow we get premium certificate of PRADHAN MANTI JEEVAN JYOTI YOJANA my email id. bhaskarprajapati1@gmail.com
Pradipta Kumar Mahapatra says
April 3, 2017 at 11:38 amThe account holder deposited the premium under PMJBY on 28/05/2015 but he died on 31/05/2015 by accident whether his legal heirs will get the compensation or not.
Akhil says
May 26, 2017 at 5:26 pmSar claint is death but he is applied policy one week before death he is eligible or not eligible please replay sar