Sun May 29 2022

🛑Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)🛑 ▪️PM Narendra Modi on 9 May 2015 launched Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) in Kolkata, West Bengal. ▪️Objective : To provide protection and financial security to the poor. ▪️Eligibility - Bank Account holders within age group 18 – 50 years. ▪️Benefits/Life Cover : Rs 2 lakhs (in case of death for any reason). ▪️Premium : Rs 330 to be paid annually ▪️Maturity/Termination : Completion of 55 years (Age near Birthday) ▪️Note: In case a member is covered under PMJJBY with LIC of India / other company.