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Ministry Of Finance

Pradhan Mantri Jeevan Jyoti Bima Yojana

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Frequently Asked Questions
PMJJBY is an insurance scheme by Ministry of Finance, offering life insurance cover for death due to any reason. It is a one-year cover, renewable from year to year. The scheme is offered / administered through LIC and other Life Insurance companies willing to offer the product on similar terms with necessary approvals and tie ups with Banks / Post office for this purpose. All individual account holders of participating banks/ Post office in the age group of 18 to 50 years are entitled to join. Aadhaar is the primary KYC for the bank / Post office account.
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