If you have a bank account in India, you may have heard about two affordable government-backed insurance schemes: Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY). Both schemes offer insurance protection at a low annual cost. However, they do not cover the same risks. PMJJBY provides life insurance for … Read more
The PMJJBY premium is ₹436 per year for the Pradhan Mantri Jeevan Jyoti Bima Yojana, according to the Government of India’s published scheme information. In return, eligible subscribers receive ₹2 lakh of life insurance cover, subject to the scheme’s terms and conditions. The premium is collected from the subscriber’s designated bank or post office account … Read more
The PMJJBY Guide 2026 explains who is eligible for the Pradhan Mantri Jeevan Jyoti Bima Yojana, how to enrol, and how its ₹2 lakh life insurance cover works. If you are checking the PMJJBY eligibility criteria, age limit, annual premium or claim rules, this guide will help you understand the scheme in simple language. Life … Read more