(PMJJBY)Pradhan Mantri Jeevan Jyoti Bima Yojana-Scheme Details

Details on the scheme for Exam Study in PSC,SSC,UPSC and Other COmpetitive Exams

Government-backed Life insurance scheme in India.

Launched on :   9 May 2015 in Kolkata by Prime Minister Narendra Modi

Age Limit:  between 18 and 50 years of age with bank accounts.

•  It has an annual premium of ₹330 excluding service tax, which is above 14% of the premium.
•  In case of death due to any cause, the payment to the nominee will be ₹200,000
• This scheme will be linked to the bank accounts opened under the Pradhan Mantri Jan Dhan Yojana scheme.