Download Pradhan Mantri Suraksha Bima Yojana PDF for free using the direct download link given at the bottom of this article.
Pradhan Mantri Suraksha Bima Yojana
Pradhan Mantri Suraksha Bima Yojana is a one-year cover Personal Accident Insurance Scheme, renewable from year to year, offering protection against death or disability due to the accident.
The premium will be deducted from the account holder’s bank account through the ‘auto debit’ facility in one installment, as per the consent to be given on enrollment.
The scheme is offered/administered through the Public Sector General Insurance Companies (PSGICs) and other General Insurance companies willing to offer the product with necessary approvals on similar terms, in collaboration with participating Banks.
Pradhan Mantri Suraksha Bima Yojana (PMSBY)
Pradhan Mantri Suraksha Bima Yojana is available to people in the age group 18 to 70 years with a bank account who give their consent to join/enable auto-debit on or before 31st May for the coverage period 1st June to 31st May on an annual renewal basis. Aadhar would be the primary KYC for the bank account.
The risk coverage under the scheme is Rs. 2 lakh for accidental death and full disability and Rs. 1 lakh for partial disability. The premium of Rs. 12 per annum is to be deducted from the account holder’s bank account through ‘auto-debit facility in one installment.
The scheme is being offered by Public Sector General Insurance Companies or any other General Insurance Company who are willing to offer the product on similar terms with necessary approvals and tie-up with banks for this purpose.
All individual (single or joint) bank account holders in the age 18 to 70 years in participating banks will be entitled to join. In the case of multiple bank accounts held by an individual in one or different banks, the person would be eligible to join the scheme through one bank account only.
- Insurance Premium to Insurance Company: Rs.10/- per annum per member
- Reimbursement of Expenses to BC/Micro/Corporate/Agent: Rs.1/- per annum per member
- Reimbursement of Administrative expenses to participating Bank: Rs.1/- per annum per member
How to Enroll Pradhan Mantri Suraksha Bima Yojana
The subscriber can approach either one of the participating banks or insurance companies to subscribe to Pradhan Mantri Suraksha Bima Yojana.
Most of the reputed banks allow the subscribers to take the policy through internet banking. The subscriber will have to log in to the Internet banking account and enroll in the scheme.
Subscribers can also send a message through their registered mobile number to the toll-free numbers of the banks and the insurance companies.
For more details download the Pradhan Mantri Suraksha Bima Yojana in PDF format using the link given below.PDF's Related to Pradhan Mantri Suraksha Bima Yojana