Pradhan Mantri Suraksha Bima Yojana Policy | PMSBY, Certificate, & Full Form
Know all about Pradhan Mantri Suraksha Bima Yojana, the government accident insurance scheme. Learn its main benefits, eligibility, and claim process
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Pradhan Mantri Suraksha Bima Yojana (PMSBY): Pradhan Mantri Suraksha Bima Yojana (PMSBY) is a government-backed accident insurance scheme for Indian citizens. It provide an affordable protection against accidental death and disability to individuals between 18 and 70 years age, mostly focusing the weaker sections and low-income groups. With a very low annual premium and wide reach, PMSBY is among the most popular insurance schemes in India since it launched in 2015. Pradhan Mantri Suraksha Bima Yojana details are given below:
PMSBY Full Form is Pradhan Mantri Suraksha Bima Yojana.
प्रधानमंत्री सुरक्षा बीमा योजना फॉर्म pdf sbi
Pradhan Mantri Suraksha Bima Yojana Latest Update
प्रधानमंत्री सुरक्षा बीमा योजना (PMSBY) के तहत 18 से 70 वर्ष के बैंक खाताधारकों को मात्र 20 रुपए सालाना प्रीमियम पर 2 लाख रुपये तक का दुर्घटना बीमा कवर मिलता है। यह योजना एक साल की होती है और हर साल 1 जून से प्रीमियम ऑटो-डेबिट के जरिए कटता है। दुर्घटना में मृत्यु या स्थायी विकलांगता पर लाभ मिलता है। योजना का उद्देश्य आम जनता को सस्ता और सरल बीमा कवर देना है.
Pradhan Mantri Suraksha Bima Yojana Details
Annual premium: Only INR 20 per year, auto-debited from your bank or post office savings account.
Coverage Amount:
INR 2 lakh for accidental death or permanent total disability.
INR 1 lakh for permanent partial disability.
Eligibility: Indian residents or NRIs between 18-70 years who hold a savings account.
No complicated medicals: Only Aadhar linked and consent for auto-debit required.
Coverage term: Policy renews annually from 1st June to 31st May.
Simple enrollment: Open to everyone with savings bank account, can enroll at most banks or online.
One policy per person: Even if you have multiple accounts, only one PMSBY policy is valid per individual.
Pradhan Mantri Suraksha Bima Yojana Benefits
PMSBY Benefits
Complete financial protection to your family in case of accidental death or disability.
Very affordable premium so everyone can participate.
No restrictions on occupation or income. People in unorganized sector, daily wage earners and low-salaried employees, they benefits the most.
Easy claim settlement direct in the insured or nominee's bank account. Claim and status tracking available.
Full risk cover given yearly without health checkup up to age 70.
Tax benefits on premiums paid in certain cases.
PMSBY Coverage Details
Type of Coverage | Sum Insured |
|---|---|
Accidental Death | INR 2 lakh |
Permanent Total Disability | INR 2 lakh |
Permanent Partial Disability | INR 1 lakh |
Pradhan Mantri Suraksha Bima Yojana Apply Online
How to enroll in PMSBY
You can enroll in प्रधानमंत्री सुरक्षा बीमा योजना very easily through your bank or post office. Here’s the steps:
Ensure you have a savings bank or post office account.
Visit your branch or use netbanking/mobile banking. Some banks allow phone enrollment too.
Fill out the PMSBY application form (available in English, Hindi and regional languages).
Provide your Aadhaar number. Link Aadhaar with the account if not already done.
Give consent for auto-debit of annual premium.
Confirm nomination details.
You will received a confirmation message after successful joining.
Renewal of PMSBY is automatic every year if you have balance in your bank or post office account and have not opted out.
PMSBY Claim Process
Accidents happen unexpected, and PMSBY makes claim process simple:
Informing your bank/insurance partner as soon as possible after accident or death.
Download claim form from official government website (jansuraksha.gov.in) or respective bank.
Submit filled claim form along with relevant documents within 30 days from the accident date.
For death claim, submit original FIR, post-mortem report, death certificate and nominee/claimant’s details.
For disability claim, certified hospital/medical documents to prove disability.
Claims processed within 30 days once documents are found to be correct.
Payout transferred to bank account of nominee/legal heir.
Who Should Buy PMSBY?
If you are think about the safety of your family and want affordable accident insurance, PMSBY is a best option. Especially, if you are working in private sector, self-employed, daily wage earner, or your work involve any kind of risk – PMSBY will offer real peace of mind.
प्रधानमंत्री सुरक्षा बीमा योजना Eligibility
Pradhan Mantri Suraksha Bima Yojana PMSBY eligibility are simple and inclusive. Any individual between 18 to 70 years with a savings bank account is eligible to enroll. The applicant must consent to auto-debit of the premium from their account. Non-resident Indians (NRIs) meeting these requirements can also apply, provided they hold an eligible Indian bank account.
प्रधानमंत्री सुरक्षा बीमा योजना Accident insurance scheme for low income families
With rising accidents and lack of social security, this accident insurance scheme can be a lifeline for low-income families in India. Government aim to include the poor and those working in unorganised sectors who usually left out from expensive private insurance plans.
Who are Not Eligible for PMSBY?
People below 18 or above 70 years of age.
Non-savings account holders. (You must open a savings account to join.)
Why PMSBY Important for Indian Citizens
Only 2 out of 10 Indians have some kind of accident insurance cover.
Cost of treatment for accidental injuries and loss of income can be devastating.
PMSBY brings social security and dignity for all, especially the common man.
Government pays no subsidy but still manages with a competitive premium due to scale and minimum admin costs.
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Frequently Asked Questions
PMSBY is an affordable, one-year personal accident insurance scheme that offers coverage for death or disability resulting from accidents. It is renewable annually and provides financial protection at a low premium.
PMSBY Benefits:
Death due to accident: Rs. 2 lakh sum insured
Total and irrecoverable loss of both eyes or both hands/feet: Rs. 2 lakh
Loss of one eye or first degree disability (loss of one hand or foot): Rs. 1 lakh
The premium is Rs. 20 per annum per member.
Individuals aged between 18 and 70 years
Must hold a savings bank account in a participating bank or post office
Aadhaar-based enrolment linked to the bank account
NRIs with eligible bank accounts in India can also subscribe but claims will be paid in Indian currency.
Yes, deaths or disabilities resulting from natural calamities such as earthquakes, floods, and other convulsions of nature are covered under PMSBY as they qualify as accidents.
No, death due to suicide is not covered by this scheme. However, death due to murder is covered.