💰 What is PMJJBY? (In Simple Words)

PMJJBY (Pradhan Mantri Jeevan Jyoti Bima Yojana) is a government-backed life insurance scheme where:

• You pay ₹436 per year (less than ₹1.20/day)
• Your family gets ₹2 lakh if anything happens to you
• No health checkups needed
• All banks offer it (even small savings accounts)

"My auto-rickshaw driver father enrolled - now we feel secure for less than his daily tea expense!" - Ramesh, Delhi

✅ Who Can Join?

Eligibility	Details
Age	18-50 years (can continue till 55)
Bank Account	Any Indian bank (even zero-balance)
Documents	Just Aadhaar + mobile number

🔥 5 Big Benefits

1. Instant Coverage - Active from Day 1
2. All Deaths Covered - Natural/accidental
3. Auto-Renewal - No reminder needed (money deducted every June)
4. Tax Savings - Under Section 80C
5. No Claim Rejections - Unlike private insurers

🚀 How to Apply (3 Minutes Flat)

1. Visit your bank (or use net banking)
2. Ask for PMJJBY form (single page)
3. Give auto-debit consent (they deduct ₹436/year)

📌 Pro Tip: Link it to Jan Dhan account - premium gets debited automatically!

⏳ Claim Process Made Easy

1. Inform bank within 30 days of death
2. Submit death certificate + claim form
3. Money comes to nominee's account in 10-15 days

⚠️ Important: Update nominee details EVERY TIME you change banks!

❓ FAQs (What People Actually Ask)

Q: Is COVID-19 covered?
A: ✅ Yes! All causes of death included.

Q: Can I enroll in multiple banks?
A: ❌ No - one policy per person.

Q: What if I miss premium payment?
A: 30-day grace period (but don't risk it!)

💡 Why This Beats Private Insurance

• 1/10th cost of regular policies
• No hidden charges (unlike private companies)
• Government guarantee - no bankruptcy risk

📢 Did You Know? Over 2 lakh families received claims since 2015!

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"For the price of 2 samosas per month, I've secured my wife's future" - Amit, Mumbai

Last Updated: July 2025 (scheme details unchanged till 2030)