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Home » Lic General » Pradhan Mantri Jeevan Jyoti Bima Yojana Scheme

Pradhan Mantri Jeevan Jyoti Bima Yojana Scheme

April 1, 2016 By onlinelic

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.

Pradhan Mantri Jeevan Jyoti Bima Yojana

Government Pradhan Mantri Jeevan Jyoti Bima Yojana Scheme Eligibility Conditions

Entry Age
  • Minimum – 18 years
  • Maximum – 50 years
Scheme Period
  • One year (Renewable from year to year).
Date of Implementation
  • 1st June 2015
 Premium
  •  Rs. 330 per annum plus service tax as applicable.
Premium Payment Mode
  • Directly Auto-debited by the bank from the scheme holder’s account in one instalment.
 Risk Coverage 
  •  2 Lakhs in case of death for any reason.
Primary KYC 
  • Aadhar number.
Tax benefits
  • Premium paid towards this scheme is eligible for tax deduction under section 80C.

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

PMJBY Application form in Malayalam

PMJBY Claim form

Filed Under: Lic General Tagged With: Government Scheme, PM Jeevan Jyoti Bima Yojana Scheme, PMJBY Scheme, Pradhan Mantri Jeevan Jyoti Bima Yojana Scheme

Comments

  1. Prabhash Kumar says

    May 8, 2015 at 10:53 am

    Sir can i withdraw the money aftet 5 years as told by my bank manager. If yes how many %.

    Reply
    • Ranjan Das says

      July 6, 2015 at 9:18 am

      Sir can i withdraw the money aftet 5 years as told by my bank manager. If yes how many %.

      Reply
      • vijay says

        August 20, 2015 at 5:42 am

        You can’t withdraw any thing. It is only life cover of rs.200000.

        Reply
        • chota prashanth says

          October 5, 2015 at 2:38 pm

          Can i cancel. This policy

          Reply
    • prtap kumar sahoo says

      July 30, 2015 at 5:38 pm

      pradhanmantriji you r great of indian poor

      Reply
      • shan says

        October 27, 2015 at 4:26 pm

        Wat,… this is suppose to be for poor indian, atleast there should be a facility to get money after maturity or at least some percent…

        Reply
    • vijay says

      August 20, 2015 at 5:39 am

      No return will you get.

      Reply
  2. chandan kumar manik says

    May 8, 2015 at 12:45 pm

    We wants high return through low premium given

    Reply
  3. hemant kumar says

    May 8, 2015 at 1:58 pm

    Jivan bima family plan my family Mel & fimel 7

    Reply
  4. R.P. Singh says

    May 8, 2015 at 3:17 pm

    The 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.

    Reply
  5. harish singh says

    May 9, 2015 at 6:48 am

    want to know more about the policy!!

    Reply
    • vivek sharma says

      February 7, 2017 at 1:27 pm

      i want to knw abt the policy is it applicable now also

      Reply
  6. RAJEEV KUMAR says

    May 9, 2015 at 7:40 am

    IS NOMINEE COULD GET BOTH CLAIM IN CASE OF INSURED PERSON DIED IN ACCIDENT i.e. 2 LAC AGAINST ACCIDENTAL POLICY & 2LAC AGAINST PMJJBY POLICY

    Reply
  7. SUDHIRKUMAR NARAYANA RAO GUMASTE says

    May 9, 2015 at 10:46 am

    good

    Reply
  8. SUDHIRKUMAR NARAYANA RAO GUMASTE says

    May 9, 2015 at 10:47 am

    THIS POLICY IS GOOD .

    Reply
  9. Shankar Kalambe says

    May 9, 2015 at 12:32 pm

    Good for poor people…

    Reply
  10. avinash kumar says

    May 9, 2015 at 2:13 pm

    please give me introduction

    Reply
  11. Mallikarjun Ganagi says

    May 10, 2015 at 10:09 am

    best sceme

    Reply
  12. kuleen says

    May 10, 2015 at 2:28 pm

    I would like to know can one get the claim of both the scheme pmjdy and pmjby simultaneously.

    Reply
  13. GAURAV SHARMA says

    May 11, 2015 at 4:34 am

    Sir, 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.

    Reply
  14. rabilal murmu says

    May 11, 2015 at 7:13 am

    I like this.desh hamara barta rage.

    Reply
  15. rabilal murmu says

    May 11, 2015 at 7:16 am

    Santal Botha Ku jat age koraope

    Reply
  16. rabilal murmu says

    May 11, 2015 at 7:17 am

    I like this.desh hamara barta rahe.

    Reply
  17. Prashant says

    May 11, 2015 at 1:51 pm

    Bank of India or State Bank of India ka saving a/c hai, to yeh bima le sakate hai kya?

    Reply
  18. VINAYAK says

    May 11, 2015 at 1:55 pm

    I am vinayak and I would like to PMJBY online .is it possible .?

    Reply
    • vamseenath says

      April 5, 2016 at 6:21 am

      YA, in Andhra bank if you have savings account you can open online

      Reply
  19. V. K. Misra says

    May 13, 2015 at 5:16 am

    I 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

    Reply
  20. neesha lotlikar says

    May 13, 2015 at 5:42 am

    plz mail me d documents require for dis scheme

    Reply
  21. vijay durgade says

    May 13, 2015 at 8:02 am

    I would like to know can one get the claim of both the scheme pmjdy and pmjby simultaneously.

    Reply
  22. Mukti Mistry says

    May 15, 2015 at 10:57 am

    I want to know more information about both scheme…….

    Reply
  23. B Rajendar says

    July 10, 2015 at 5:44 am

    This policy is very good for poor people, thank u modi sir thank u very much

    Reply
  24. RAGHU KC says

    August 4, 2015 at 9:45 am

    sir,
    iam really thanks to you, this is very good and so helpfull people in india

    Reply
  25. Ravinder dande says

    September 13, 2015 at 1:35 pm

    can i get this scheme for my brother ?

    Reply
  26. Shyam says

    September 22, 2015 at 8:01 am

    I 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,

    Reply
  27. Deeksha says

    October 11, 2015 at 7:25 am

    entry age is 18-50 yrs.. ok then what is the age for termination of policy? @50yrs or @55yrs?

    Reply
  28. katkuri sai krishna says

    November 3, 2015 at 12:50 pm

    sir, i will get money back if i withdraw from the scheme

    Reply
  29. Muralikrishnan Rangaswamy says

    November 26, 2015 at 1:21 pm

    Hi,

    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….

    Reply
  30. Deepika Sree says

    December 16, 2015 at 4:54 am

    Hi 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.

    Reply
  31. Chander Tripathi says

    March 10, 2016 at 6:40 pm

    Please confirm how many instalments we have to pay as premium.

    Reply
  32. arpit m. dave says

    March 22, 2016 at 11:47 am

    still 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?

    Reply
  33. Sanjib Kumar Bora says

    March 28, 2016 at 5:09 am

    Dear 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?

    Reply
  34. Ashish Kumar sharma says

    May 5, 2016 at 9:32 am

    Not found my certificate yet

    Reply
  35. Ranjit kumar says

    May 7, 2016 at 5:38 am

    This policy is very good .but public ko policy number nahi pata

    Reply
  36. ARUN SHARAN says

    May 12, 2016 at 9:05 am

    hello 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?

    Reply
  37. Devesh kumar says

    May 14, 2016 at 12:56 am

    Lic 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

    Reply
  38. yatsih says

    May 19, 2016 at 6:56 am

    Can i make a payment of premium online

    Reply
  39. Vikash Kumar Sah says

    May 24, 2016 at 9:50 am

    Ye bahut hi accha skim hai sir

    Reply
    • Vikash Kumar Sah says

      May 24, 2016 at 9:51 am

      Sahi me

      Reply
  40. Lata Pallati says

    May 24, 2016 at 9:52 am

    Can I enroll today PMJBY scheme.

    Reply
  41. NINAD RAJARAM WADAYE says

    May 25, 2016 at 8:06 am

    If not dead with in that period…Then what ??????

    Reply
  42. Dharmnath says

    June 2, 2016 at 9:34 am

    Pls confirm me about how to change the nominee becz bank employees are not taking any response about the same.

    Reply
  43. VIJAY KUMAR says

    June 17, 2016 at 6:53 am

    Sir,
    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.

    Reply
  44. s rameshbabu says

    June 21, 2016 at 5:40 am

    if 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

    Reply
  45. PIYASHI GANGULY D/O SRI SOURINDRANATH BANERJEE says

    July 12, 2016 at 1:44 pm

    Sir,
    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

    Reply
  46. Adiak Newme says

    August 17, 2016 at 11:50 am

    how to know whether a person is enrolled in pmjjby and pmsby.? or how to check the status whether the account is active or not?

    Reply
  47. varma m j says

    December 8, 2016 at 3:33 pm

    how can i get a premium receipt

    Reply
  48. BHASKAR R PRAJAPATI says

    December 21, 2016 at 1:07 pm

    how we have premium certificate of PRADHAN MANTI JEEVAN JYOTI YOJANA my email id. bhaskarprajapati1@gmail.com

    Reply
  49. BHASKAR R PRAJAPATI says

    December 21, 2016 at 1:07 pm

    how we get premium certificate of PRADHAN MANTI JEEVAN JYOTI YOJANA my email id. bhaskarprajapati1@gmail.com

    Reply
  50. Pradipta Kumar Mahapatra says

    April 3, 2017 at 11:38 am

    The 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.

    Reply
  51. Akhil says

    May 26, 2017 at 5:26 pm

    Sar claint is death but he is applied policy one week before death he is eligible or not eligible please replay sar

    Reply

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