Pradhan Mantri Suraksha Bima Yojana (PMSBY) 2022

Social Security Scheme

Pradhan Mantri Suraksha Bima Yojana (PMSBY) 2022

Pradhan Mantri Suraksha Bima Yojana (PMSBY) this scheme is available to people between 18 to 70 years of age.


Who have a bank account to enroll this Pradhan mantri Suraksha Bima Yojana (PMSBY) Scheme those people Auto Debit on or before May 31 during the period from June 1 to May 31


Give your consent on renewal basis. Aadhaar will be the primary KYC for bank accounts.


PMSBY Benefits -  


  1. Risk cover under the scheme for accidental death and total disability is Rs. 2 lakh.

  2. Rs. 1 lakh for partially disabled.

  3. Annual premium of Rs.20 only shall be deducted from the account holder's bank account in one installment through 'Auto-Debit' facility.

  4. The scheme is offered to PSUs or any other PSUs to enter into an agreement with banks to provide the product on equivalent terms with necessary approvals.


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