Central Government
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
PMJJBY is a one-year renewable life insurance that pays ₹2 lakh to your nominee on death from any cause, for a premium of ₹436 a year.
Last updated 31 October 2026Not yet verified against the latest official notification
Who can apply
People aged 18 to 50 with a savings bank or post office account.
- You are aged 18 to 50 and have a savings bank or post office account.
- You give consent for the premium to be auto-debited.
Benefits
- ₹2 lakh life cover for death due to any cause.
- Premium of ₹436 per year, auto-debited from your account.
- Cover can continue up to age 55 if you join before 50 and keep renewing.
Documents you will need
- Savings bank or post office account
- Aadhaar (for KYC) and nominee details
The exact list can vary by state and office. Carry originals and photocopies.
How to apply
- Enrol at your bank or post office branch, or through your bank’s net banking / app.
- Fill in the consent-cum-declaration form and nominee details.
- The premium is auto-debited every year.
When to apply: Cover runs from 1 June to 31 May and renews every year.
Common mistakes to avoid
- Insufficient balance on the renewal date, which can lapse your cover.
Official links and sources
- Jan Suraksha portal (Government of India) (www.jansuraksha.gov.in)
to open the official application portal from here. Your account also lets you save schemes and results.
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