Pradhan Mantri Suraksha Bima Yojana (PMSBY)

About the Scheme

PMSBY provides accident insurance cover of ₹2 lakh for death or permanent disability and ₹1 lakh for partial disability. The annual premium is just ₹20 per member. Available to all savings bank account holders aged 18-70 years with auto-debit facility.

Benefits

• ₹2 lakh for death or permanent disability
• ₹1 lakh for partial disability
• Annual premium of just ₹20
• Auto-debit from bank account

Eligibility Criteria

• 1Savings bank account holder
• 2Age 18-70 years
• 3Consent for auto-debit

Documents Required