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HomePersonal FinancePMSBY Scheme: Bank will deduct Rs 12 from your account and you...

PMSBY Scheme: Bank will deduct Rs 12 from your account and you will get 2 lakh Rupees, know how

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PMSBY- Under this scheme run by the central government, the account holder gets a big benefit of Rs 2 lakh in just Rs 12.


During the corona pandemic, people have become more and more health conscious. In the midst of all this, the importance of life insurance has increased. People are taking insurance in large numbers. However, during this time there are some people who are also facing many problems. In such a situation, the Pradhan Mantri Suraksha Bima Yojana (PMSBY) scheme provides life insurance at a very low premium. Let us tell you that PMSBY is such a scheme from the central government, under which the account holder gets an insurance cover of Rs 2 lakh for just Rs 12.

The premium goes to the end of the month of May

A few years ago, the central government started the Pradhan Mantri Suraksha Bima Yojana at a very nominal premium. The annual premium of PMSBY is only Rs 12. You have to pay this premium at the end of the month of May. This amount is automatically deducted from your bank account on 31st May. If you have taken PMSBY then you must keep balance in the bank account. Let’s know about this scheme-

Know the conditions of

PMSBY, people of the age of 18-70 years can take advantage of PMSBY scheme. The annual premium of this plan is Rs 12 only. The premium of PMSBY policy is also deducted directly from the bank account. The bank account is linked with PMSBY at the time of purchasing the policy. According to the PMSBY policy, in case of death or disability of the customer buying the insurance, his dependent gets an amount of Rs 2 lakh.

Register like this

You can apply for this policy by visiting any branch of the bank. Bank friends are also delivering PMSBY from door to door. The insurance agent can also be contacted for this. Government insurance companies and many private insurance companies also sell this plan.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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