Benefit Amount
₹2 lakh life cover at ₹436/year premiumInsurance
✓ Government Verified✓ Direct Bank Transfer
ℹAbout Pradhan Mantri Jeevan Jyoti Bima Yojana
The Pradhan Mantri Jeevan Jyoti Bima Yojana is an affordable life insurance scheme that provides ₹2 lakh financial protection to your family if you pass away. For just ₹436 per year (less than ₹40 per month), this scheme covers Indians aged 18-50 and can be easily applied online through your bank account. Your family receives the full ₹2 lakh amount immediately after your death, helping them manage financial emergencies and maintain their standard of living.
Ministry
Ministry of Finance
✓Who Is Eligible?
The Pradhan Mantri Jeevan Jyoti Bima Yojana is designed for all Indian citizens who meet the basic requirements. You must be between 18 and 50 years old to apply for this scheme. There is no income limit or minimum earning requirement specified, making it accessible to citizens from all economic backgrounds. The scheme is open to all categories including General, OBC, SC, and ST, with no caste-based restrictions. There are no gender-based restrictions, and both men and women can apply equally. You must have an active savings bank account in your name at any nationalized bank, private bank, or cooperative bank in India. Geographic location is not a restriction as this is an all-India scheme available to citizens across all states and union territories. There are no specific occupation requirements mentioned, so employed individuals, self-employed persons, students, and homemakers can all apply. The primary requirement is that you must be an Indian citizen with valid proof of identity. If you fall within the age bracket of 18-50 years and possess an active savings account, you likely meet the eligibility criteria. For any specific doubts or additional eligibility details, visit the official website at jansuraksha.gov.in or contact your bank directly.
Quick eligibility check:
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Gender: Male, Female, Other✓
Category: General, OBC, SC, ST📝How to Apply for Pradhan Mantri Jeevan Jyoti Bima Yojana
Step 1: Visit the official portal at jansuraksha.gov.in to begin your application process. Step 2: Create an account on the portal using your email address or phone number and set a secure password. Step 3: Log in to your account and fill out the application form with your personal details including your full name, date of birth, Aadhaar number, and bank account information. Step 4: Select Pradhan Mantri Jeevan Jyoti Bima Yojana from the available schemes and enter the required information. Step 5: Upload a scanned copy of your Aadhaar Card and provide your active savings bank account details for automatic premium deduction. Step 6: Review all the information you have entered to ensure accuracy before submission. Step 7: Submit your application and wait for confirmation. Once approved, the annual premium of Rs. 436 will be automatically deducted from your bank account every year. You can also apply directly through your bank's website or mobile app if they offer this facility. Keep your confirmation details safe for future reference and claim purposes.
Visit Official Portal →📄Documents Required2 required
?Frequently Asked Questions
1What happens if I miss paying the ₹436 premium in a year?
If you fail to pay the annual premium of ₹436, your coverage will be discontinued immediately. You will need to reapply through your bank if you wish to rejoin the scheme. The premium is usually auto-deducted from your savings account on a set date, so ensure you maintain sufficient balance.
2Can I claim ₹2 lakh if I die due to suicide or accident?
The scheme covers death due to any reason after the first 45 days of enrollment. However, if death occurs within 45 days of policy activation, the nominee will receive the premium amount paid, not the full ₹2 lakh cover. Deaths due to suicide are covered after this 45-day period.
3How does my family claim the ₹2 lakh after my death?
Your family (nominee) needs to inform your bank with a death certificate and claim form. The bank will verify the details and transfer the ₹2 lakh amount to your nominee's account within 7-10 days. It's important to register a nominee when applying for the scheme.
4Can I apply for this scheme if I already have another life insurance policy?
Yes, you can have multiple life insurance policies simultaneously. The Pradhan Mantri Jeevan Jyoti Bima Yojana can work alongside other insurance plans you may have purchased from private companies or other government schemes.
5What if my age becomes 51? Will my coverage stop?
Yes, the coverage automatically stops when you turn 51 years old. You cannot renew or continue this scheme after age 50. You will need to explore other insurance options available to senior citizens.
📖 Read the Complete Guide
Get a detailed step-by-step walkthrough with tips, common mistakes to avoid, and expert guidance for Pradhan Mantri Jeevan Jyoti Bima Yojana.
Read Full Guide →🔗Related Insurance Schemes