SBI Offer: If you are a customer of SBI, then you will get the benefit of up to Rs 4 lakh by investing just Rs 342 annually. The country’s largest public sector bank has given you a great opportunity. The bank has given this information.Â
PM Jeevan Jyoti Bima Yojana / PM Suraksha Beema Yojana: If you are a customer of SBI, then there is news of great work for you. The country’s largest public sector bank SBI is offering insurance facility in very less money.
Under the government’s schemes, Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), SBI is giving you a cover of up to Rs 4 lakh on an annual investment of just Rs 342. Let’s know about it.
You will get bumper benefit of 4 lakhs
Giving this information on its Twitter handle, SBI said, ‘Insure according to your need and live a worry-free life. Premium will be deducted from the account holders of the savings bank account through auto debit facility. Individual will be eligible to join the scheme through only one savings bank account.
Fulfilling the vision of ensuring social security for all! #PMJJBY   is providing life insurance cover at a minimal premium of ₹330 per year for people between 18-50 years through their bank accounts.#AmritMahotsav  @PMOIndia  @FinMinIndia  pic.twitter.com/xqBSoCR4Rk
— DFS (@DFS_India)  February 15, 2022
Pradhan Mantri Suraksha Bima Yojana (PMSBY)
You get death benefit under the Pradhan Mantri Suraksha Bima Yojana. Under this, in case of death of the insured in an accident or total disability, a compensation of Rs 2 lakh is provided, while a cover of Rs 1 lakh is available for partial disability.
Age Limit-Â Any person between the age of 18 to 70 years can take cover in this.
Premium-Â The annual premium of this plan is also only Rs 12.
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
Under the Pradhan Mantri Jeevan Jyoti Bima Yojana, the nominee gets Rs 2 lakh on the death of the insured.
Age Limit- Any person from 18 to 50 years can take the benefit of this scheme.
Premium-Â For this scheme also you have to pay only Rs 330 annual premium.
Important information related to the schemeÂ
-This insurance cover is for 1st June to 31st May i.e. for a whole year.
For this you need to have a bank account. Insurance can also be canceled due to closure of bank account or insufficient balance in the account at the time of premium deduction
. Let us tell you that both these are term insurance policies .