All you need to know about Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)

All you need to know about Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)

Life Insurance

On May 9, 2015 Prime Minister of India is going to launch the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) to provide insurance cover to masses with minimum premium, this insurance cover can be taken from any bank by filling out a simple form. Minimum requirement is that you should have a bank account and aged between 18 to 50 years. One can only take maximum cover of Rs. 200000 from any of the his banker if having multiple accounts in different banks, and have to give declaration about the same in the form. Other features are as follows: Continue reading “All you need to know about Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)”