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PMJJBY - Pradhan Mantri Jeevan Jyoti Bima Yojna is a life insurance scheme that provides a life cover of Rs.2 lakh at Rs.330/year. Buy and Secure your familyu2019s future with SBI Life.<br>
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What is PMJJBY ? • An insurance policy called PMJJBY(Pradhan Mantri Jeevan Jyoti Bima Yojana) offers life insurance protection against fatalities from any source. It is a yearly cover with a one-year term. • The policyholder is required to pay a yearly premium of Rs. 330. A single instalment of the premium will be automatically taken out of the policyholder's savings account using the auto debit option. To avoid a fine, premium payments must be sent before or on the 31st of each month.
Benefits of PMJJBY : • Maturity/ Surrender Benefit • Enrolment • Exclusions • Tax Benefits