Overview
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- Pradhan Mantri Suraksha Bima Yojana (PMSBY) is an Insurance Scheme that covers accidental death and disability due to an accident
- Policy Period: Coverage shall be for one year starting from 1st June to 31st May of next year, coverage will be auto renewed every year.
- Premium: ₹20 per annum.
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Eligibility
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- The scheme is eligible for the resident customers with a Bank account including BSBD account.
- All individual bank account holders in the age group of 18 to 70 years in participating banks will be entitled to join this scheme.
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Risk Coverage
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- ₹2 lakh for accidental death.
- ₹1 lakh for disability.
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How to enrol in the scheme ?
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- PMSBY application forms are available in all our Bank Branches. Our customers can approach the nearest branch / Business Correspondents and join the scheme.
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Forms for PMSBY
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