PRADHAN MANTRI JEEVAN JYOTI BIMA YOJANA (PMJJBY)

( By giving his consent for the scheme, the customer is agreeing to the following rules ,terms and conditions to the scheme)

Rules, Terms and Conditions for the PRADHAN MANTRI JEEVAN JYOTI BIMA YOJANA (PMJJBY)

Details of the scheme:

The scheme will be a one year cover, renewable from year to year, Insurance Scheme offering life insurance cover for death due to any reason.

Scope of coverage: All savings bank account holders in the age 18 to 50 years in HDFC Bank will be entitled to join. In case of multiple saving bank accounts held by an individual in one or different banks, the person would be eligible to join the scheme through one savings bank account only.

Benefits:

Rs.2 lakhs is payable on member's death due to any reason .If the Scheme Member dies during Insurable Membership, subject to Policy being in force and all due Premiums, Service Tax and any Other Levies (if any) having been paid and subject to any restrictions or qualifications referred to in these Clauses, the amount specified as the Sum Assured for such Scheme Member shall become due to the Nominee of the Scheme Member. No Maturity benefit is payable under the policy. No Surrender benefit is payable under the policy.

Process to activate Social Security Schemes through SMS

Process to activate Social Security Schemes through NetBanking


Click here to apply

   Enrolment period:

   Premium:

   Eligibility Conditions:

   Death Claim:

   Master Policy Holder:

  Download Claim Form:

Click here to download PMJJBY form.

   Other Terms & Conditions :

  FAQs on PRADHAN MANTRI JEEVAN JYOTI BIMA YOJANA