Terms of the offer
Beneficiaries will receive a sum of ₹ 2 lakhs. No maturity benefit or surrender benefit is available with this policy. Pay a premium of ₹ 436 per annum per member - deducted automatically from savings bank account, with facility for auto-debit instructions. PMJJBY is a pure term insurance policy, which covers only mortality with no investment component. The pricing is also accordingly low when compared to other life insurance policies where maturity benefits, surrender value etc. are available. They informed her that her husband had been enrolled in the Pradhan Mantri Jeevan Jyoti Bima Yojana ( PMJJBY ). He had paid ₹330 as an annual premium which means Radha is now eligible for ₹2 lakh as life insurance compensation. It gave her hope to stand again, live again and start her life fresh. Digital India Corporation(DIC)Ministry of Electronics & IT (MeitY)Government of India®