• Home
  • Pradhan Mantri Suraksha Bima Yojana

Check Eligibility

Ministry Of Finance

Pradhan Mantri Suraksha Bima Yojana

Accident Insurance
Bank Account Holders
Death Insurance
Insurance
Details
Benefits
Eligibility
Application Process
Documents Required
Frequently Asked Questions
An Accident Insurance Scheme offering accidental death and disability cover for death or disability on account of an accident.


Premium

Rs.12/- per annum per member. The premium will be deducted from the account holder’s bank account through ‘auto debit’ facility in one instalment on or before 1st June of each annual coverage period under the scheme.


Coverage Duration

The cover shall be for the one-year period stretching from 1st June to 31st May However, in cases where auto debit takes place after 1st June, the cover shall commence from the date of auto debit of premium by Bank


Accident cover assurance termination

The accident cover of the member shall terminate / be restricted accordingly on any of the following events:
  • On attaining age 70 years (age nearer birth day).
  • Closure of account with the Bank or insufficiency of balance to keep the insurance in force.
  • In case a member is covered through more than one account and premium is received by the insurance company inadvertently, insurance cover will be restricted to one account and the premium shall be liable to be forfeited.


Termination of cover

The accident cover for the member shall terminate on any of the following events and no benefit will be payable there under:
  • On attaining age 70 years (age nearest birthday).
  • Closure of account with the Bank or insufficiency of balance to keep the insurance in force.
  • In case a member is covered through more than one account and premium is received by the Insurance Company inadvertently, insurance cover will be restricted to one bank account only and the premium paid for duplicate insurance(s) shall be liable to be forfeited.
  • If the insurance cover is ceased due to any technical reasons such as insufficient balance on due date or due to any administrative issues, the same can be reinstated on receipt of full annual premium, subject to conditions that may be laid down. During this period, the risk cover will be suspended and reinstatement of risk cover will be at the sole discretion of Insurance Company.
  • Participating banks will deduct the premium amount in the same month when the auto debit option is given, preferably in May of every year, and remit the amount due to the Insurance Company in that month itself.
  • 
State wise toll free number - https://jansuraksha.gov.in/files/STATEWISETOLLFREE.pdf
National Toll Free Number - 1800-180-1111 / 1800-110-001

Was this helpful?

Share

News and Updates

No new news and updates available

myScheme

©2023 myScheme.

Powered byDigital India
Digital India Corporation(DIC)Ministry of Electronics & IT (MeitY)Government of India®

Useful Links

  • di
  • digilocker
  • umang
  • indiaGov
  • myGov
  • dataGov
  • igod

Get in touch

4th Floor, NeGD, Electronics Niketan, 6 CGO Complex, Lodhi Road, New Delhi - 110003, India

support-myscheme[at]digitalindia[dot]gov[dot]in

(011) 24303714