Under this plan, you have to deposit one rupee every month or only 12 rupees in a year, this plan provides life insurance at very low premium. Let’s know everything about it…
New Delhi. Under the Pradhan Mantri Suraksha Bima Yojana PMSBY, run by the Central Government, you can get accidental insurance of Rs 2 lakh by depositing one rupee every month or only 12 rupees in a year. This plan offers life insurance at a very low premium. Let’s know everything about it…
The premium goes to the end of the month of May.
A few years ago, the central government started the Pradhan Mantri Suraksha Bima Yojana at a very nominal premium. The annual premium of PMSBY is only Rs 12. You have to pay this premium at the end of the month of May. This amount is automatically deducted from your bank account on 31st May. If you have taken PMSBY then you must keep balance in the bank account.
Know what are the conditions of PMSBY?
People up to the age of 18 to 70 years can take advantage of PMSBY scheme. The annual premium of this plan is Rs 12 only. The premium of PMSBY policy is also deducted directly from the bank account. The bank account is linked with PMSBY at the time of purchasing the policy. According to the PMSBY policy, in case of death or disability of the customer who buys the insurance, his dependent gets an amount of Rs 2 lakh.
Know how the registration was done?
You can apply for this policy by visiting any branch of the bank. Bank friends are also taking PMSBY from door to door. The insurance agent can also be contacted for this. Government insurance companies and many private insurance companies also sell this plan.
