Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) Registration, eligibility, benefits and claim process

Prdhanmantri Jeevan Jyoti Bima Yojana | Jeevan Jyoti Insurance Scheme Application | PM Jeevan Jyoti Insurance Scheme Form | PMJJBY

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Pradhan Mantri Jeevan Jyoti Bima Yojana has been launched on 9 May 2015 by the Prime Minister of India, Shri Narendra Modi. The objective of the scheme is to secure the future of the beneficiary’s family. Under the Pradhan Mantri Jeevan Jyoti Bima Yojana, the central government provides an insurance of Rs 2 lakh to the policy holder, who dies due to any reason. The premium of insurance under PMJJBY scheme 2019 is Rs. 30 / – per customer per year. PM Jeevan Jyoti Bima Yojana is an auto debit plan under which you have to pay less than 1 rupee per day. See the complete details of the insurance plan in the section below and enjoy all the benefits.

Pradhanmantri Jeevan Jyoti Bima Yojana 2021

Citizens should have minimum age of 18 years and maximum age of 50 years to take policy plan. ) is 55 years old. Pradhanmantri Jeevan Jyoti Bima Yojana is a very good initiative of the Government of India, it will not only provide insurance to the poor and underprivileged people, but their children will also get a lot of money from this scheme in the future. Interested beneficiaries of this scheme are Pradhanmantri Jeevan. If you want to take advantage of Jyoti Bima Yojana, then they have to apply under this scheme.

What is PM Jeevan Jyoti Insurance Scheme

Pradhan Mantri Jeevan Jyoti Bima Yojana is an insurance policy scheme under which all savings bank account holders between 18 and 50 years of age in participating banks will be eligible to join the scheme. Under this PMJJY scheme, policy holders will be given a death cover of Rs 2 lakh. This is an auto debit plan. A key point is that the scheme will only be linked to bank accounts opened under the Pradhan Mantri Jan Dhan Yojana. The beneficiary will have to open his bank account under Pradhan Mantri Jan Dhan Yojana.
When and where to launch PM Jeevan Jyoti Insurance Plan

Jeevan Jyoti Bima Yojana was launched in Kolkata by Prime Minister Narendra Modi on 9 May 2015 and it was originally mentioned in the 2015 budget.

Why launch PMJJBY

The government feels that the PM Jeevan Jyoti Insurance Scheme is needed because only 20% of India’s population has any type of insurance. This PMJJBY scheme main objective is to increase the number of such insurance policy holders.

PMJJBY Premium Fund

Under this scheme, the policyholder will have to pay a premium of Rs 330 every year. Which will be auto-debited from the customer’s savings account in the month of May every year. Under this scheme, the affordable rate of premium for all citizens belonging to almost all income groups including EWS and BPL Is available The insurance cover under Pradhanmantri Jeevan Jyoti Bima Yojana will start from 1st June of the same year and till 31st May of the following year. No medical examination is required to purchase insurance in PMJJBY.

Insurance premium to LIC / Insurance company- Rs 289 / –
Reimbursement of expenditure for BC / Micro / Corporate / Agent – Rs 30 / –
Reimbursement of administrative fee of participating bank – Rs 11 / –
Total Premium – Rs.330 / – only

Benefits of Prime Minister Jeevan Jyoti Bima Scheme

It gives 2 lakh death cover to the policy holder.
Its premium price is only Rs 330 per year.
It has a fully insured policy
Auto debit insurance plan

Payment made to citizens

The benefit of Pradhan Mantri Jeevan Jyoti Bima Yojana can be availed only through a bank account. If any person withdraws from this scheme then in future, one can get the benefit of this scheme again by paying annual premium and showing self declaration of good health. Under the scheme, death claims worth Rs 1134 crore have been paid to 56716 citizens in the year 2020–21. The death rate due to corona virus infection has increased. Due to which the payment of claim has also increased under this scheme. 50% of claims are due to death due to corona virus infection. In the financial year 2021, 102.7 million people are registered under the scheme.

Know why you are deducting ₹ 330 from your account

Banks have debited ₹ 330 from the accounts of many citizens. This debit has been made from the account of citizens registered under Pradhan Mantri Jeevan Jyoti Bima Yojana in the month of May. Every year the scheme is renewed on 1 June and the premium amount for renewal is debited by banks in the month of May. If the beneficiary has more than 1 account and the premium amount has been deducted from more than one account, in this case you can request your bank to refund the fee. The scheme can be availed for 1 year. If the beneficiary wants to get the benefit of this scheme after 1 year, then it will be compulsory to get them discharged. Citizens between 18 and 50 years of age who have a savings account can avail the benefit of this scheme.

To get the benefit of this scheme, it will be mandatory to implement auto debit feature. Pradhan Mantri Jeevan Jyoti Bima Yojana is from 1 June to 31 May. Many times reminders are also sent through SMS or email by banks. This reminder is therefore sent. Because the auto debit renewal happens under this scheme. The account holder is required to ensure that the amount of ₹ 330 is available in his account on time.

If death is due to Kovid infection, then avail the benefit of the scheme by following these conditions.

Pradhan Mantri Jeevan Jyoti Bima Yojana is a type of life insurance plan. Through which the nominee is awarded an amount of ₹ 200000 on death. All citizens whose family members have died due to corona virus infection or for any other reason and that member was registered under this scheme, then they are eligible to get insurance up to ₹ 200000. He will be able to avail the benefit of this scheme only when the policy holder has purchased this policy in 2020-21. The minimum age to purchase this policy is 18 years and maximum age is 55 years. To avail the Pradhan Mantri Jeevan Jyoti Bima Yojana, it is mandatory to have a savings bank account and to give consent for saving bank account auto debit. It is mandatory to pay a premium of ₹ 330 per year to get the benefit of this scheme.

Risk cover will be applicable only after 45 days

All those citizens who want to get the benefit of Pradhan Mantri Jeevan Jyoti Bima Yojana can apply under this scheme by checking the eligibility conditions. If you are already enrolled under this scheme then you do not need to reapply every year. Every year the premium amount will be deducted from your bank account and you will be renewed. Not all new buyers can claim up to the first 45 days of enrollment under this scheme. The claim can be made only after the 45-day period is over. No claims will be settled by the company in the first 45 days. But if the applicant dies due to an accident then in this case the applicant will be paid.

PMJJBY Required Documents

Bank account opened under Pradhan Mantri Jan Dhan Yojana.
Proof of identity
Manifesto

Exit fund jeevan jyoti bima yojana

Any person who has withdrawn from the Prime Minister Jeevan Jyoti Bima Yojana can join this scheme again. To rejoin the Pradhan Mantri Jeevan Jyoti Bima Yojana, the premium amount will have to be paid and a health related self declaration will have to be submitted. By paying the premium and depositing self declaration, any person can re-enroll in the scheme.

Under which circumstances the benefit of this scheme will not be provided

If the beneficiary’s bank account is closed.
In case there is no premium in the bank account.
At the age of 55 years.

Benefits of Pradhanmantri Jeevan Jyoti Bima Yojana

The benefit of this scheme can be availed by the citizens of the age group of 18 to 50 years.
The PMJJBY can be renewed from year to year under the scheme to the family of the policy holder after the death of the policy holder under this scheme. A member of this scheme has to pay a premium of Rs 330 per year. Life insurance of 2 lakh rupees will be provided.
To avail PMJJBY, the applicant has to apply under this scheme.
Under this scheme the annual installment is paid before 31 May during each annual coverage period.
If the annual installment cannot be deposited before this date, the policy can be renewed by making a lump sum payment of the entire annual premium along with a self-declaration of good health.

Some highlights of the Prime Minister Jeevan Jyoti Bima Yojana

You do not need to undergo any type of medical examination to buy the Prime Minister Jeevan Jyoti Insurance Plan.
To buy PM Jeevan Jyoti insurance plan, your minimum age should be between 18 years to 50 years.
The age of maturity of PMJJBY is 55 years.
This plan has to be renewed every year.
The insurance amount under this scheme is ₹ 200000.
The enrollment period of Pradhan Mantri Jeevan Jyoti Bima Yojana is from 1 June to 31 May.
Can not claim for 45 days after getting Android done. You can file a claim only after 45 days.

End of PM Jeevan Jyoti Bima Plan

Assurances on the life of the member can be terminated for any of the following reasons.

In the event of account closure with the bank.
In case there is no premium in the bank account.
At the age of 55.
A person can take Pradhan Mantri Jeevan Jyoti Bima Yojana from only one insurance company or from the same bank.

Eligibility for Pradhan Mantri Jeevan Jyoti Bima Scheme

Under this scheme, the age of the citizens taking the policy should be only 18 to 50 years.
The policy holder will have to pay a premium of Rs 330 per year under this tram plan.
It is mandatory to have a bank account of the policy holder under this scheme as the amount given by the government will be directly transferred to the bank account of the beneficiary.
Subscriber will have to maintain the necessary balance in the bank account at the time of auto debit on or before 31 May every year.

How to apply Prime Minister Jeevan Jyoti Bima Scheme

First of all, you have to go to the official website of Public Security.
After visiting the official website, you will have to download the PMJJBY Application Form PDF. After downloading the PDF you will have to fill all the information asked in the form.
After filling all the information, you will have to deposit it in the bank where your active savings bank account will be opened.
You have to go to the bank branch where you have a bank account.
Submit all the necessary documents and declaration form with proper details
Then submit all the forms and all the required details and documents to the branch manager.

How to claim for the Pradhan Mantri Jeevan Jyoti Insurance Scheme?

After the death of a person who has been insured, his nominee can claim under the Prime Minister Jeevan Jyoti Bima Yojana.
After this, the policyholder’s nominee should first contact the bank.
Then the nominee will have to take the Prime Minister Jeevan Jyoti Insurance Claim Form and Discharge Receipt from the bank.
Then the nominee will have to submit the death certificate and cancellation check photograph along with the claim form and discharge receipt form.

State wise toll free number download

First of all you have to go to the official website of Public Safety.
Now the home page will open in front of you.
On the home page, you have to click on the contact link.
Now a new page will open in front of you, in which you will see the State Wise Toll Free Number pdf.
You can view the State Wise toll free number by downloading this PDF.

पिछले 5 वर्षों में प्राप्त मृत्यु दावे

सन	प्राप्त मृत्यु दावे	वितरित राशि
2016-17	59,118	1,182.36 करोड़ रुपए
2017-18	89,708	1,794.16 करोड़ रुपए
2018-19	1,35,212	2,704.24 करोड़ रुपए
2019-20	1,78,189	3563,78 करोड़ रुपए
2020-21	2,34,905	4698.10 करोड़ रुपए

Important Links

Helpline Number – 18001801111 / 1800110001