16, Vidhan Sabha Marg, Lucknow

directorgeneral.difup@gmail.com

0522-2623291

Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)

Pradhan Mantri Jeevan Jyoti Bima Yojana (Started from 09th May, 2015) is an insurance scheme of Government of India, which provides life insurance cover of Rs.2.00 lakh to cover death due to any reason. This cover is for one year which is renewable every year. The scheme is primarily offered/administered through Life Insurance Corporation of India (LIC) and other interested life insurance companies can also offer products on the same terms and conditions by affiliating with Banks/Post Offices after necessary approvals.

Necessary Terms/Conditions

  • All individual bank account holders in the age group of 18 to 50 years will be eligible.
  • In case of multiple accounts, that person will be eligible to join the scheme through only one account.
  • Aadhar card will be the primary KYC for the bank account.
  • This cover is for one year which will be from 01st June to 31st May every year, which will have to be renewed every year before 01st June.
  • Annual premium of Rs.436/- will be payable.
  • Person has to give consent for autodebit for deduction of premium.

Past Years Progress

Grievance Redressal Portal