HomeTrendingPMJJBY Scheme - Age Limit, Benefits, Apply Online, Status & Certificates

PMJJBY Scheme – Age Limit, Benefits, Apply Online, Status & Certificates

PMJJBY Scheme It is a one-year life insurance plan that is renewable from year to year and provides death coverage. The coverage under PMJJBY is only for death, so the benefit will be available to the nominee only. PMJJBY is a pure term insurance policy with no investment component that covers only mortality. For more detailed information like Age Limit, Benefits, Apply Online, Status & Certificate Keep reading till the end of the article.


PMJJBY Scheme

Pradhan Mantri Jeevan Jyoti Bima Yojana is a life insurance scheme specially designed for the poorest families of India. This policy is available to any Indian citizen between 18 to 50 years of age who has an active savings account. It was first released in 2015. PMJJBY provides life insurance coverage of Rs. 2 lakh for a reduced annual premium of Rs. 330. Premium will be automatically deducted from the linked bank account on annual basis.


The PMJJBY scheme was launched along with two other insurance schemes, which are Pradhan Mantri Suraksha Bima Yojana and Atal Pension Yojana, with the goal of increasing insurance penetration in India and meeting the needs of the common people.

Features of PMJJBY Scheme

  • It will protect your family in case of unforeseen events with a life cover of Rs 2,00,000.
  • It will save time with this simple process that requires minimal documentation.
  • Give your cover a good start with an “over the counter” issue.
  • no maturity benefit
  • Simplify the renewal process by automatically deducting premium from your bank account.
  • Take advantage of tax benefits under Section 80C and Section 10(10D) of the Internal Revenue Code, as applicable.

How does the PMJJBY scheme work?

IndiaFirst Life Pradhan Mantri Jeevan Jyoti Bima Yojana offers a fixed cover option of Rs. 2 lakh as group protection scheme. Under the PM Jeevan Jyoti Bima Yojana, all the members enrolled in the IndiaFirst Life PMJJBY scheme will receive an equal amount of risk cover. IndiaFirst Life Pradhan Mantri Jeevan Jyoti Bima Yojana, which is an annual renewable scheme, provides PMJJBY coverage to all members of the group for one year from the date of issue of PMJJBY scheme.


PMJJBY Scheme Eligibility Conditions

To avail the benefits of PMSBY, you need to fulfill certain requirements. The following is a list of such requirements.

  • You must be at least 18 years of age to participate in the scheme.
  • To be eligible for PMSBY, you must be at least 70 years of age.
  • Potential policyholders who are interested should have a current savings account.
  • The savings account of the applicant should be linked to his Aadhar card.
  • A copy of the Aadhar card should be sent along with the application if the Aadhar details are not linked with the mentioned bank account.
  • Payment of Rs. 12 premium.

PMJJBY Scheme

PMJJBY Scheme Coverage

Here is a table that throws light on the coverage options of PMSBY.

incident Claim Amount (Rs.)
An accident that results in the death of the policyholder 2 lakh (given to the nominee)
permanent total disability 2 lakh
permanent partial disability 1 Lac

Documents Required for PMJJBY Scheme

A list of documents to be submitted to be part of PMJJBY Scheme is given below.


  1. Form: Submission of a duly filled PMSBY application form containing information like name of the nominee, contact information, Aadhar number and other relevant information. This form is available in various regional languages ​​apart from English and Hindi. For example, the form is available in Marathi, Tamil, Oriya and other languages.
  2. Aadhar Card: If the applicant’s Aadhar card information is not linked to the specified savings bank account, a copy of the Aadhar card will be required. The same has to be submitted along with the application form.

Here we conclude that we have mentioned all the details of PMJJBY Scheme in the above article. For more information about Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) you can visit this link – financialservices.gov.in, And keep an eye on our website for more such topics as we post similar topics on our website on daily basis.


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