Wednesday, May 26, 2021

PM Jeevan Jyoti Bheema Yojana ( PMJJBY ) Details

 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

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 

Click Here to Download PMJJBY Bond Online

Click Here to Download PMJJBY Claim Form