Key features
- Cover: ₹2 lakh on death due to any reason.
- Premium: ₹436 per year, auto-debited from your savings account (or post office account).
- Cover period: 1 June to 31 May each year, renewable every year.
- Age: you can join between 18 and 50; cover can continue up to age 55 if you keep renewing.
How to join
- Through the bank or post office where you have a savings account, by filling the consent-cum-declaration form.
- Many banks also allow enrolment through net banking or mobile banking.
- Keep enough balance before 31 May so the renewal premium can be debited.
Claims
The nominee submits the claim form with the death certificate and the insured person's bank details to the same bank or post office. Claim forms are available on the official Jan Suraksha portal.
Official source
Check the latest rules, benefits and forms here. KisanPe is an independent platform and is not a government website.
Official scheme page on myScheme (Govt of India) ↗Related on KisanPe
Common questions
What is the PMJJBY premium?
₹436 per year, auto-debited from your account.
Who can join PMJJBY?
Account holders aged 18 to 50 years; cover can continue till 55 with yearly renewal.
Can I join with more than one bank?
No. The cover is limited to ₹2 lakh per person even if you have accounts in several banks.
General guidance, not personal advice. For your farm, ask your local Krishi Vigyan Kendra or agriculture officer.
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