The Unique Identification Authority

The organization is headed through a chairman, and he will have a cabinet position.btn

Doodh Ganga

Dairy business enterprise scheme

Department of Animal Husbandry of Government of India has launched this scheme.btn

Ladli Scheme

The girl kid in family/the public

According to the scheme the daughter child obtains free education & upbringing... btn


Articles Vikas Yojana Rojgar Yojana Shiksha Yojana Health Yojana Insurance Yojana Anaaj Yojana Yojana for Girls Pension Yojana Child Development

Pradhan Mantri Jeevan Jyoti Bima Yojana

Pradhan Mantra Jeevan Jyoti Bima Yojana aims at increasing the coverage of insurance in India. The same was announced as part of Budget speech by Finance Minister Arun Jaitley in February 2015 which was launched officially by the Prime minister in Kolkata on 9th May 2015.  Only 20% of India’s population is covered by any kind of insurance product and hence this government backed insurance scheme was launched.

The PMJJBY can be availed by Indian citizens in the age group of 18-55 years. In case of death the nominee of insured gets Rs 2 Lakhs. The payment of premium is deducted directly from the Bank account. The premium is Rs 3300/- plus service tax at 14%. Therefore though the premium is less the additional service tax of 14% is to be paid at the time of availing insurance cover under this scheme.

The insurance policy is thereafter linked to the bank account which can be opened with zero balance in the first instance. The Government aims at launching numerous schemes like PMJJBY to reduce the instances of zero balance bank accounts.


Indian citizens between the age group of 18 and 50 years are eligible to apply for the Pradhan Mantri Jeevan Jyoti Bima Yojana. The prerequisites to avail insurance under his scheme includes compulsory bank account in the name of insured and consistent payment of insurance premium. The coverage will be provided till 55 years.  The bank account can be zero balance initially.


The insurance premium of Rs 3300/- per annum is deducted directly from the bank account of the applicant every year. The amount is deducted at a time in single instance and not on instalment basis.

Risk Coverage

This is a term insurance policy with a coverage of Rs 2 Lakh per individual. If the policy term exceeds one year period, then premium will be deducted every year from bank account till the complete term is over for the agreed insurance period. In case of non-payment of premium, the insurance cover is not available.

Who will Offer the programme

The plan is administered by Life Insurance Corporation of India which also undertakes the processes for settlement and administration procedures. The procedures are aimed to be simple and user friendly to the subscribers. The policies and procedures governing the policy, claims, settlement and other aspects is carried out in consultation with participating banks. Other insurance providers can also joint he scheme through tie ups with specified banks who will then be identified as master account holders for the purpose of PMJJS

How can One Enroll

This being a term policy is applicable for the period commencing from 1st July 2015 till 31st May 2016. Therefore, the persons intending to join the scheme will have to submit application at prescribed branches of banks prior to 31st May 2015. However, the time will be extended to 31st August, being first year of launch of the policy provided that the applicant pays entire premium amount and submits self-declaration of being in good health. Further, if someone intends to continue the policy period beyond the first year, they have to again submit a declaration of being in good health and authorise bank to deduct the premium amount on or before 31st May of respective year. The same procedure is applicable for people who leave the policy after a year of payment of premium and then intend to re-join at a later period.

Application Form

The application form for availing insurance under PMJJBY is available in different languages like Hindi, English, Gujarati, Tamil, Telugu, Odia and Marathi the same can also be downloaded from the website http://www.jansuraksha.gov.in/FORMS-PMJJBY.aspx  or get an application form nearest bank.