PMJJBY Full Form In English
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is a government-backed life insurance scheme in India aimed at providing financial security to individuals in case of an untimely death. It is a low-cost life insurance plan, available to people aged 18 to 50 years with a savings bank account, offering coverage of up to ₹2 lakh for a nominal annual premium. The scheme ensures that the family of the deceased receives financial support during difficult times, promoting social security and peace of mind for policyholders.
PMJJBY Full Form In
प्रधान मंत्री जीवन ज्योति बीमा योजना (PMJJBY) भारत सरकार द्वारा शुरू की गई एक जीवन बीमा योजना है। इसका उद्देश्य अनपेक्षित मृत्यु की स्थिति में परिवार को आर्थिक सुरक्षा प्रदान करना है। यह योजना 18 से 50 वर्ष आयु के लोगों के लिए उपलब्ध है, जिनका बचत बैंक खाता है। इसके तहत केवल नाममात्र का वार्षिक प्रीमियम देकर 2 लाख रुपये तक का बीमा कवरेज प्राप्त किया जा सकता है। इस योजना से न केवल परिवार को वित्तीय सहायता मिलती है, बल्कि नीतिगत रूप से सामाजिक सुरक्षा को भी बढ़ावा मिलता है।Hindi
Read More: EOD Full Form In English And Hindi
Frequently Asked Questions
Who is eligible for PMJJBY?
Individuals aged 18 to 50 years with a savings bank account in a participating bank can enroll in the scheme.
What is the coverage amount under PMJJBY?
The scheme provides a life insurance coverage of ₹2 lakh in case of the policyholder’s death.
What is the premium for PMJJBY?
The annual premium is ₹330 per year, which is automatically debited from the subscriber’s bank account.
How can one enroll in PMJJBY?
Enrollment can be done through participating banks by submitting a form and agreeing to auto-debit for the premium.
Is there a medical examination required?
If the premium is not paid, the coverage will lapse, and the individual will not be eligible for insurance benefits until the premium is renewed.
Can a person continue the policy after turning 55?
No, the scheme is only available until the age of 50. After that, the policy cannot be renewed.
Conclusion
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is a simple and affordable life insurance scheme designed to provide financial protection to families in case of the untimely death of the policyholder. With a minimal annual premium, it ensures that loved ones receive support during difficult times, promoting social security and peace of mind for millions of subscribers across India.
