Pradhan Manthri Jeevan Jyoti Bheema Yojana is Life Insurance Scheme introduced by Central Government in 2015 in West Bengal state. The Account holder who have joined in the PMJJBY will have Rs.436 deduction every year from his linked Account to the scheme. Generally the Beneficiars will get alert message to keep sufficient amount to deduct automatically every year. As usually this year also all got the message to keep the amount Rs. 436/- ready in their accounts.
Check Here PM Kisan Samman Nidhi Scheme Beneficiary Status
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Key Features of PMJJBY
Protect your family’s financial security in an eventuality
Simplified proposal form for enrolment
Cover of Rs.2 lakh at a reasonable cost
Eligibility for PMJJBY
Minimum age to join in the Insurance Scheme is 18 Years
Maximum age to join in PMJJBY 50 Years
Age of Maturity 55 Years
Policy Term : One Year Renewable
Sum Assured Rs. 2,00,000/-
The Annual Premium Rs. 436/- is distributed as follow
Administrative Charges Rs.41/-
Also Read: Click Here to know about PM Suraksha Bima Yojana
Tax Benefits:
Tax benefits are as per Income Tax Laws & are subject to change from time to time. Please consult your Tax advisor for details. You are eligible for Income Tax benefits/exemptions as per the applicable income tax laws in India, which are subject to change from time to time. You may visit our website for further details here. Please consult your tax advisor for details.
Click Here to Download Application Form
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