Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
Affordable government-backed one-year renewable life insurance scheme offering ₹2 lakh life risk cover on death due to any cause.
₹Benefits & Entitlement Breakdown
📊Budget Allocation & Beneficiary Reach
Self-sustaining pooled insurance administered via LIC and commercial insurers
Official Budget Document ↗20+ Crore cumulative enrollments, 7.5+ Lakh death claims settled
As of: 2024-03-31PIB / Official Citation ↗Verified Eligibility Criteria
Must hold an individual bank or post office savings account. Age at entry must be between 18 and 50 years (coverage continues up to age 55 provided annual renewal premium is paid). Aadhaar is the primary KYC for the bank account. One person can enroll only through a single bank account across India (duplicate policies are cancelled with forfeit of premium).
Required Documents Checklist
- ✓Aadhaar CardMandatory
Mandatory identity KYC proof.
- ✓Bank Account Passbook / Auto-Debit Mandate FormMandatory
For automatic annual premium deduction of ₹436.
- ✓Nominee Photo ID & Bank DetailsMandatory
For claim settlement in case of death.
How to Apply
Official Government Application Portal
You will be redirected to the secure official portal: jansuraksha.gov.in
Frequently Asked Questions (Officially Sourced)
Verified answers sourced directly from official circulars, gazettes, and portal FAQs. Never AI-invented.
Does PMJJBY cover death by suicide or natural causes?
PMJJBY covers death due to any reason, including natural causes, illness, and accidents, with a 30-day initial lien period from enrollment (no lien for accidental death).
Source: Official Scheme FAQ ↗What is the annual premium and how is it paid?
The annual premium is ₹436, which is automatically debited from the subscriber bank account every year between 25th May and 31st May.
Source: Official Scheme FAQ ↗Can an individual have multiple PMJJBY policies in different banks?
No. Coverage is restricted to ₹2,00,000 per individual. In case of multiple policies, claims are paid only on the first policy, and extra premiums are forfeited.
Source: Official Scheme FAQ ↗Common Rejection Reasons & Warnings
Applicant below 18 or above 50 years of age at entry; multiple enrollments across different banks; failure of auto-debit due to insufficient balance.
Editorial Verification & Change Log
| Date | Field | Description / Update | Source Citation |
|---|---|---|---|
| 2026-09-16 | initial_verification | Baseline verification of PMJJBY rules, revised ₹436 premium structure, and claim protocols. | Official Source ↗ |
Application Window & Deadlines
Annual renewal window in May; enrollment open throughout the year on pro-rata basis
Related Welfare Programs
Clean cooking fuel initiative providing deposit-free LPG connections with a free first refill and stove to adult women from poor households.
Highly subsidized accidental death and disability insurance offering ₹2 lakh cover for just ₹20 per year.
Guaranteed pension scheme administered by PFRDA for unorganized sector workers offering monthly pensions of ₹1,000 to ₹5,000 from age 60.
Official Helpline & Nodal Offices
Social Security Division, Department of Financial Services, Ministry of Finance
Jeevan Deep Building, Parliament Street, New Delhi - 110001
Helpline: 1800-180-1111 / 1800-11-0001 (Jan Suraksha National Toll-Free Helpline)
Jurisdiction: National (All-India)Notice a Discrepancy?
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Verification Metadata
Last verified by Eligo researchers on 2026-09-16 against official government documentation.
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