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Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)

pradhan mantri jeevan jyoti Bima Yojana (PMJJBY) After the overwhelming response of Pradhan Mantri Jan Dhan Yojana, Prime Minister Sh. Narendra Modi on 9th May 2015 launched a series of social security schemes for the welfare of people working in unorganized sector. These social security schemes of government help cope up with uncertainties of life.

Premium for Jeevan Jyoti Bima Yojana. The premium for Pradhan Mantri Jeevan Jyoti Bima Yojana is Rs 330 per year to be auto-debited from the subscriber’s saving account once in a year. This money can be debited before or on 30th of May within the provided fiscal year.

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Pradhan Mantri Jeevan Jyoti Bima Yojana is a government-backed Life insurance scheme in India. It was originally mentioned in the 2015 Budget speech by Finance Minister Arun Jaitley in February 2015. It was formally launched by Prime Minister Narendra Modi on 9 May in Kolkata.

The claims settlement under the low-cost life insurance scheme, Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), is going great guns with over 75 per cent of the claims paid in a remarkably fast.

This is a non-linked, non-participating, one year renewable term insurance product. This product has been designed to meet the life insurance coverage requirements under the provisions of "Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)" scheme launched by Government of India.

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Premium for Pradhan Mantri Jeevan Jyoti Bima Yojana. The premium for PMJJBY is `330/- which should be debited automatically from the saving account of the subscriber on a yearly basis on or before 31st May of each yearly coverage-duration as specified in the scheme.

Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) provides life insurance cover of Rs. 2 lakhs for an annual premium of Rs. 330/-. The scheme would be.

Pradhan Mantri Jeevan Jyoti Bima Yojna is a life insurance scheme that provides a life cover of Rs.2 lakh at Rs.330/year. Invest and Secure your family’s future with sbi life. pradhan mantri jeevan Jyoti Bima Yojna (PMJJBY)

Pradhan Mantri Jeevan Jyoti Bima Yojana(PMJJBY). The PMJJBY is available to people in the age group of 18 to 50 years having a bank account who give their.