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PRADHAN MANTRI JEEVAN JYOTI BIMA YOJANA CONSENTCUMDECLARATION FORM (To be filled in by members joining the scheme during the permitted 'Enrollment Period ') I, hereby give my consent to become a member.

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All individual (single or joint) bank account holders in the age 18 to 70 years in participating banks will be entitled to join. In case of multiple bank accounts held by an individual in one or different banks, the person would be eligible to join the scheme through one bank account only.

As PMJJBY is a pure term insurance plan, it does not offer any maturity or surrender benefit. The premium paid towards the policy is eligible for tax benefits as under section 80C of the Income Tax Act. PMJJBY provides a risk coverage of 1 year. However, as this is renewable policy, it can be renewed yearly.

Nominee to submit duly completed claim form, discharge receipt, death certificate along with a photocopy of the cancelled cheque of the nominee's bank account(if available) or the bank account details to the bank wherein the member was having the 'savings bank account' through which he/she was covered under PMJJBY.

PMJJBY (Pradhan Mantri Jeevan Jyoti Bima Yojana) is a life insurance scheme. PMSBY (Pradhan Mantri Surakhsa Bima Yojana) is an accidental insurance scheme. The age limit for PMJJBY (Pradhan Mantri Jeevan Jyoti Bima Yojana) is minimum 18 years and maximum 50 years.

Nominee to submit duly completed claim form, discharge receipt, death certificate along with a photocopy of the cancelled cheque of the nominee's bank account(if available) or the bank account details to the bank wherein the member was having the 'savings bank account' through which he/she was covered under PMJJBY.

The PMJJBY is available to people in the age group of 18 to 50 years having a bank account who give their consent to join / enable auto-debit. Aadhar would be the primary KYC for the bank account.

Pradhan Mantri Suraksha Bima Yojana provides life coverage of Rs. 2 lakh for the accidental demise and permanent total disability and Rs. 1 lakh for permanent partial disability. Individuals within the age group of 18-70 years having a participating savings bank account can subscribe to this scheme.

PMJJBY is available to people in the age group of 18 to 50 years ( life cover up to age 55) having a savings bank account who give their consent to join and enable auto-debit. Under PMJJBY scheme, life cover of Rs. 2 lakhs is available at a premium of Rs. 330 per annum per member and is renewable every year.

Yes, one can apply for both schemes. If one opts for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and if death happens through natural or accident till subscriber is 55 years of age nominee will get Rs. ... If one enrolls for Pradhan Mantri Suraksha Bima Yojana (PMSBY) and death happens due to accident then Rs.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232