Pradhan Mantri Suraksha Bima Yojana (PMSBY)
Central Scheme (All India)
Finance
Application Mode: MIXED
Active
Quick AI Summary
One-year accidental insurance scheme renewable from year to year offering cover for death or disability due to accident.
Detailed Summary
PMSBY offers high-value accidental death and disability cover at an extremely low annual premium auto-debited from bank accounts.
Key Benefits & Financial Assistance
| Comparison Criteria | Benefits |
|---|---|
| Key Benefits | - Rs. 2 Lakhs cover for accidental death or total permanent disability. - Rs. 1 Lakh cover for partial permanent disability. - Low premium of Rs. 20 per annum auto-debited. |
Eligibility Criteria Profile
| Comparison Criteria | Eligibility |
|---|---|
| age min | >= 18 |
| age max | <= 70 |
| state id | = 3 |
Application Process Guide
- Apply online through net banking or submit physical enrollment form to your bank branch.