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The premium payable is Rs.436/- per annum per subscriber. For those getting enrolled under PMJJBY for the first time during the middle of the policy period, payment of pro-rata premium is allowed as under; a) For enrolment in June, July and August – Full annual premium of Rs.436/- is payable.
Jan 2, 2014 · PMJJBY offers one- year term life cover of ₹ 2.00 Lakh to all the subscribers in the age group of 18-50 years. It covers death due to any reason. Premium payable is ₹ 436/- per annum per subscriber, to be auto debited from the subscriber’s bank/post office account.
The premium payable is Rs.436/- per annum per subscriber. For those getting enrolled under PMJJBY for the first time during the middle of the policy period, payment of pro-rata premium is allowed as under; a) For enrolment in June, July and August – Full annual premium of Rs.436/- is payable.
Union Bank of India offers Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), a government-backed life insurance scheme. Protect your family's financial future with affordable premiums and a sum assured of ₹2 lakhs.
One year renewable group Non-linked, Non-participating, pure risk premium life insurance product. Are high premiums holding you back from getting your life insured? Secure your family’s future with SBI Life – Pradhan Mantri Jeevan Jyoti Bima Yojana. Get life cover of Rs.2 lakh at a nominal premium. This plan offers -
The premium payable is Rs.330/- per annum per subscriber. For those getting enrolled under PMJJBY for the first time during the middle of the policy period, payment of pro-rata premium is to be made, as given below.
Delayed enrolment for prospective cover is possible with payment of pro-rata premium as described below; For enrolment in June, July and August – Full Annual Premium of Rs.436/- is payable. For enrolment in December, January and February – pro rata premium of Rs. 228/- is payable.
May 31, 2023 · they satisfy its eligibility criteria and pay the premium for each covered person. Q13. Are NRIs eligible for coverage under PMJJBY? Any NRI having an eligible bank account with a bank/Post Office branch located in India is eligible for purchase of PMJJBY cover subject to fulfilment of the terms and conditions relating to the scheme.
The premium under the scheme is auto debited every year from the subscriber’s bank account based on a one-time mandate from the account holder. Benefits: Life insurance cover of Rs. 2 Lakh in case of death due to any reason against a premium of just Rs. 330 per annum. Achievements (as on April 27, 2022):
The premium is Rs. 436 per annum which is to be auto-debited in one installment f rom the subscriber’s bank account as per the option given by him on or before 31st May of each annual coverage period under the scheme.
