Pradhan Mantri Suraksha Bima Yojana (PMSBY)

Government Organization (NABARD, LIC & ETC)

Beneficiary Type: Other

Objective

PMSBY offers coverage/compensation in case of death or disability.

Objective

PMSBY aims to provide financial security to families in case of accidental death or disability, with a minimal premium of ₹20 per year.

Benefits

The scheme provides insurance coverage/compensation in case of death of the a person/weaver/worker in age group of 18-50 years. In case of accidental death, the coverage will be INR 2 lac and in case of disability or partial disability, INR 1 lac. The annual premium of INR 12 will be borne entirely by Government

Eligibility

1) Beneficiary must be a resident of India, 2) Beneficiary must be between age of 18-50, 3) Beneficiary must have a bank account

Coverage Area

Gujarat(Ahmedabad, Amreli, Anand, Aravalli, Banaskantha, Bharuch, Bhavnagar, Botad, Chhota Udaipur, Dahod, Dang, Devbhoomi Dwarka, Gandhinagar, Gir Somnath, Jamnagar, Junagadh, Kheda, Kutch, Mahisagar, Mehsana, Morbi, Narmada, Navsari, Panchmahal, Patan, Porbandar, Rajkot, Sabarkantha, Surat, Surendranagar, Tapi, Vadodara, Valsad)

Application Method

Please contact LIC office, Bank branch

Application Form

Please contact LIC office, Bank branch

Documents Required

Consent-cum-Declaration Form: Duly filled and signed. KYC Documents: Aadhaar card, Voter ID, PAN card, or any other government-issued ID. Bank/Post Office Account Details: Passbook or account statement. Auto-Debit Authorization: Consent for annual premium deduction.

Information Source

https://mha.gov.in/sites/default/files/Kabir-Puraskar-Scheme_1.pdf

Gender Male,Female,Others
Age 0 to 100
Caste General,Scheduled Caste,Scheduled Tribe,Socially and Economically Backward Communities / Other Backword Class
Economic Status APL,BPL,Both
Occupation Any Other
Sector Rural development
Income Criteria Not Applicable
Citizen Senior Citizen, Non Senior Citizen, All citizens, Children
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