Here you have been given complete information under the Pradhan Mantri Suraksha Bima Yojana scheme, such as who will get the benefit for the Pradhan Mantri Suraksha Bima Yojana, how much benefit, where to apply, what proofs are required.
Pradhan Mantri Suraksha Bima Yojana (PMSBY) Complete Details (Documents, Benefits, Where to Apply) : Pradhan Mantri Suraksha Bima Yojana All Details
Who can benefit from Pradhan Mantri Suraksha Bima Yojana?
- Every savings account holder who is between 18 years to 70 years of age can join this Pradhan Mantri Suraksha Bima Yojana.
- Annual premium Rs 12/- (Twelve rupees) Premium is reimbursed through Auto Debit facility.
- This Pradhan Mantri Suraksha Bima Yojana has to be filled only once.
Benefit Of Pradhan Mantri Suraksha Bima Yojana (PMSBY)
- In case of accidental death, the heir will get a compensation of Rupees 2 lakh (Rupees two lakhs).
- In case of permanent damage to any of the important parts of the body, 50% of the amount i.e. Rs 1 lakh (Rupees One Lakh) will be compensated. That is, in cases where one arm or one leg or one eye is permanently lost due to accident, a compensation of one lakh rupees will be given.
How To Apply For Pradhan Mantri Suraksha Bima Yojana (PMSBY)
- Public Sector Banks
- Private banks
- Gramin Bank
- Cooperative Bank
Terms And Conditions Of Pradhan Mantri Suraksha Bima Yojana (PMSBY)
- As Pradhan Mantri Suraksha Bima Yojana has auto debit facility, it is necessary to have balance in the bank account at the time of debit. (Auto Debit usually takes place in last week of May)
- The term of Pradhan Mantri Suraksha Bima Yojana is from 1st June to 31st May.
Required Documents For Pradhan Mantri Suraksha Bima Yojana (PMSBY)
- Bank Savings Account passbook.
Required Claim Documents For Pradhan Mantri Suraksha Bima Yojana (PMJJBY)
- Since the protection is against accidental death only, police FIR. Xerox of (FIR).
- Xerox of Panchnama
- Xerox of postmortem report
- Example of death certificate
- Photo identity card of heir
- Proof of residence
- A civil surgeon’s certificate is required in case of partial loss meaning total loss of one leg, one arm or one eye.
