Pradhan Mantri Suraksha Bima Yojana (PMSBY) |Eligibility,Benefits, Dates & Notification

Pradhan Mantri Suraksha Bima Yojana (PMSBY) |Eligibility,Benefits, Dates & Notification

Suraksha Bima Scheme- Indian Govt’s Accidental Insurance Cover Details

Pradhan Mantri Suraksha Bima Yojana 2015During the announcement of Budget-2015, Finance Minister Arun Jately mentioned that a new insurance scheme will be launched. Well, the same happened on 9th May 2015 when Prime Minister Shri Narendra Modi Ji announced the Insurance scheme namely Pradhan Mantri Suraksha Bima Yojana(PMSBY). In total 3 schemes were launched, two others were Atal Pension Yojana and Jeevan Jyoti Yojana. This article is focused on providing the complete details of PMSBY Scheme . The details to covered include – Eligibility, How to Apply, Form, Premium, Payment etc.

Note : अगर हिंदी में जानकारी चाहते हैं तो यहाँ क्लिक कीजिये 

Pradhan Mantri Suraksha Bima Yojana Scheme – Introduction

PMSBY Government Scheme will begin from 1st June 2015 till 31st May 2016. Eligible person joining this scheme need to pay Rs. 12 per year. This accident insurance scheme by Indian Government provides a cover of Rs. 2 Lakh to the family of the scheme holder in case of accident

Eligibility Details of Suraksha Bima Yojana Scheme

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Key Features of PM Suraksha Bima Yojana Scheme

  • This accidental insurance scheme launched by Prime Minister Shri Narendra Modi Ji has following features :
  • Accidental Death Insurance Cover which is renewable yearly
  • Annual Premium to be paid is Rs 12 only
  • Cover of upto Rs. 2 lakhs will be payable to the family of the subscriber in case of accident leading to death or serious injuries
  • Auto Deduction of Premium Amount from the bank account of the Insurance holder
  • Either the scheme holder can renew the scheme yearly or he/she can avail the long term option

Benefits of Government PMSBY Scheme

As this a scheme initiated by Indian Government it has it’s own benefits which can be attained by paying nominal fee. This initiative asks the individual to pay Just Rs. 12 annually and has following benefits :

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Enrollment Period of Suraksha Bima Yojana

  • Any individual who is interested in PMSBY scheme need to enroll and give their auto debit consent by 31st May 2015
  • Late Enrollment will be possible upto 31st August 2015. There is another good news that government had extended the scheme for 3 more months i.e. upto 31 Nov 2015

Conditions leading to the termination of Cover in Pradhan Mantri Suraksha Bima Yojana

  • If scheme holder attains the age of 70 years
  • If bank account is closed due to insufficient balance in the account required as premium
  • In case the same member is covered through more than one accounts, insurance company will restrict the number of accounts to one only

PM Suraksha Bima Yojana Scheme Forms and Documents

CLICK HERE To download the PMSBY application forms in Hindi, English, Malyalam & to get the claim forms

Official Advertisement of Suraksha Bima Yojana

Here are the Rules of Suraksha Bima Scheme –

State Wise Toll Free Number List

JAN-SURAKSHA – Toll Free Numbers
S.No. State Name Name Of SLBC Convenor Bank Toll Free Number
1 Andhra Pradesh Andhra Bank 1800-425-8525
2 Andman & Nicobar Island State Bank of India 1800-345-4545
3 Arunachal Pradesh State Bank of India 1800-345-3616
4 Assam State Bank of India 1800-345-3756
5 Bihar State Bank of India 1800-345-6195
6 Chandigarh Punjab National Bank 1800-180-1111
7 Chhattisgarh State Bank of India 1800-233-4358
8 Dadra & Nagar Haveli Dena Bank 1800-225-885
9 Daman & Diu Dena Bank 1800-225-885
10 Delhi Oriental Bank of Commerce 1800-1800-124
11 Goa State Bank of India 1800-2333-202
12 Gujarat Dena Bank 1800-225-885
13 Haryana Punjab National Bank 1800-180-1111
14 Himanchal  Pradesh UCO Bank 1800-180-8053
15 Jharkhand Bank of India 1800-345-6576
16 Karnataka Syndicate Bank-SLBC 1800-4259-7777
17 Kerala Canara Bank 1800-425-11222
18 Lakshadweep Syndicate Bank 1800-4259-7777
19 Madhya Pradesh Central Bank of India 1800-233-4035
20 Maharashtra Bank of Maharashtra 1800-102-2636
21 Manipur State Bank of India 1800-345-3858
22 Meghalya State Bank of India 1800 – 345 – 3658
23 Mizoram State Bank of India 1800-345-3660
24 Nagaland State Bank of India 1800-345-3708
25 Odisha UCO Bank 1800-345-6551
26 Puducherry Indian Bank 1800-4250-0000
27 Punjab Punjab National Bank 1800-180-1111
28 Rajasthan Bank of Baroda 1800-180-6546
29 Sikkim State Bank of India 1800-345-3256
30 Telangana State Bank of Hyderabad 1800-425-8933
31 Tamil Nadu Indian Overseas Bank 1800-425-4415
32 Uttar Pradesh Bank of Baroda 1800-102-4455
1800-223-344
33 Uttrakhand State Bank of India 1800-180-4167
34 West Bengal and Tripura United Bank of India 1800-345-3343

25 thoughts on “Pradhan Mantri Suraksha Bima Yojana (PMSBY) |Eligibility,Benefits, Dates & Notification”

  1. Instead of a website , as an individual I want to know the banking procedure
    to be adopted y the banks. Suppose a person has given the form duly filled .
    Then ,what will the bank do to verify the particulars witch will involve time .
    Thanks .

  2. Sir I want to know the procedure from where we will get the forms whether only State Bank of Hyderabad or any nationalized banks.

  3. Sir,
    I have three different Bank Saving Accounts. So I need to apply in all Bank for PMSBY SCHEME, OR in one is enough ? Please answer me.

  4. I want to know that
    Will amount receive only when the person is died?
    Or is there any particular time when we get the mature amount with interest?
    Please tell me answer completely.

  5. FIRST I MUST CONGRATULATE THE PM FOR THE SCHEME AND THANK YOU FOR PROVIDING ANSWERS TO ALL THE QUESTIONS.BUT STILL I WOULD SAY THAT A BANK WITH A NATION-WIDE PRESENCE MUST BE SELECTED FOR THE SCHEME.HOW WOULD SOMEONE ENROLL IN THE SCHEME IN WEST BENGAL IF HE DOES NOT HAVE A SAVINGS BANK ACCOUNT IN UNITED BANK OF INDIA?

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