The Government of India launched the PMJJBY Scheme. To provide Life Insurance coverage to the citizens of India the Government of India launched the Pradhan Mantri Jeevan Jyoti Bima Yojana. All the applicants under the scheme will receive financial assistance after their death due to any reason. The total Life Insurance coverage of INR 2 lakh will be given to the applicant after their death due to cost. The scheme is offered by banks/post offices and administered through life insurance companies. All the applicants who clear the eligibility criteria must visit the official website and fill out the application form to avail the benefits of PMJJBY Scheme 2025.
The objective of PMJJBY Scheme
The main objective of launching the Pradhan Mantri Jeevan Jyoti Bima Yojana is to help the citizens of India get premium Life Insurance. With the help of the PMJJBY scheme, the citizens of India can get life insurance at a much cheaper rate than the market. The applicants just have to pay a premium of INR 436 to get life insurance under the PMJJBY Scheme. All the applicants who are between the age group of 18 to 50 years are eligible to avail the benefits of the Pradhan Mantri Jeevan Jyoti Bima Yojana. The applicants must hold a bank account or a post office account to receive the benefits of this scheme.
Also Read: Ayushman Bharat Scheme for Senior Citizens
Helpful Summary of PMJJBY Scheme
| Key Highlights | Details |
| Name of the Scheme | PMJJBY Scheme |
| Launched By | Central Government of India |
| Launch Date | 2025 |
| Announced By | Government of India |
| Purpose | Provide insurance |
| Beneficiaries | Citizens of India |
| Target Beneficiaries | Citizens who are between the ages of 18 to 50 years |
| Advantage | Financial assistance of INR 2 lakh in case of death due to any reason |
| Eligibility Criteria | Citizens of India |
| Required Documents | Aadhaar Card, Mobile Number |
| Application Process | Online |
| Official Website | https://jansuraksha.gov.in |
| Expected Benefits | Health Insurance coverage |
| Contact Number | 1800-180-1111 / 1800-110-001 |
Eligibility Criteria
- The age of the applicant must be between 18 to 50 years.
- The applicant must hold an individual bank/post office account.
Age Limit
- The maximum maturity age of the life insurance under the PMJJBY Scheme is 55 years.
Benefits of The Scheme
- The applicants can get premium life insurance at a much cheaper rate than a market under the Pradhan Mantri Jeevan Jyoti Bima Scheme.
- The applicants just have to pay a premium of INR 436 per month to avail the benefits of the PMJJBY Scheme.
- The total financial assistance of INR 2 lakh will be given to the applicant’s family after their death due to any cost.
- The applicants can fill out the enrollment form online in the comfort of their homes without going anywhere.
- To avail the life insurance under the scheme the applicants did not have to undergo any medical examination.
PMJJBY Premium Amount
- The premium amount under the Pradhan Mantri Jeevan Jyoti Bima Yojana is INR 436.
Financial Benefits Under PMJJBY
- The total financial assistance under the Pradhan Mantri Jeevan Jyoti Bima Yojana is INR 2 lakh after the death of the applicant due to any cause.
Enrollment Period
- Cover period: 1st June to 31st May (1 year).
- To join or renew, submit auto-debit option by 31st May each year.
- Late enrolment allowed with pro-rata premium:
- June, July, August: Full premium ₹436
- Sept, Oct, Nov: ₹342
- Dec, Jan, Feb: ₹228
- Mar, Apr, May: ₹114
Also Check: PMSBY Scheme Details
Termination of Coverage
- Coverage ends when the member reaches age 70 (nearest birthday).
- The cover ends if the bank/post office account is closed or has an insufficient balance.
- If a member has multiple accounts, only one insurance cover is valid; duplicate premiums will be forfeited.
- Cover paused if premiums aren’t paid on time due to technical/admin issues; can be reinstated upon full premium payment, at the insurer’s discretion.
- Participating banks deduct and remit premiums annually, usually in May via automatic debit.
Distribution of Premium Funds
| Premium Collected | Full Annual (INR 436) | 2nd Quarter (INR 342) | 3rd Quarter (INR 228) | 4th Quarter (INR 114) |
| Insurance Premium to LIC/Insurance Company | Rs. 395 | Rs. 309 | Rs. 206 | Rs. 103 |
| Commission to Business Correspondents/Agents (new enrolments only) | Rs. 30 | Rs. 22.50 | Rs. 15 | Rs. 7.50 |
| Administrative Expenses to Participating Banks | Rs. 11 | Rs. 10.50 | Rs. 7 | Rs. 3.50 |
Salient Features
- White coverage: The scheme covers a wide range of citizens of India by providing Life insurance coverage for death due to any reason.
- Reduce accidental deaths: This scheme was launched by the government of India to reduce the number of accidental deaths in India.
- Age criteria: All the citizens who are between the ages of 80 to 50 years will be selected.
- Auto detected: The premium amount will be auto-detected from the bank account of the selected members.
PMJJBY Scheme Renewal Process
- To renew the PMJJBY scheme the applicant can visit the nearest bank branch, official PMJJBY website or post office.
- The applicants can just consult with the concerned officer and fill out the renewal application.
- The applicant must enter all the details and attach all the documents that are asked.
- After filling out all the details the applicant must submit the renewal application to the concerned official.
Important Download
Helpline Number
- Dial: 1800-110-001
FAQs
Who is eligible to avail of the benefits of the Pradhan Mantri Jeevan Jyoti Bima Scheme 2024?
All the applicants who are between the age group of 18 to 50 years are eligible to avail the benefits of the PMJJBY Scheme 2024.
What is the premium amount to be given under the PMJJBY Scheme?
The premium amount under the PMJJBY scheme is INR 436.
What is the total financial assistance to be given under the PMJJBY Scheme?
The total financial assistance under the PMJJBY scheme is INR 2 lakh after the death of the applicant due to any cause.