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

Age RequirementsMinimum - 18 years (Completed)
Maximum -70 years (Age Nearer Birthday)
Bank Account RequirementAll saving bank account holders in the age from 18 to 70 years are eligible to join
Note :
  • Bank Account should be linked with Aadhaar Card or The aadhaar card copy can also be attached with the application form
  • In case the individual is having multiple savings bank accounts, the person is eligible to join the scheme through single bank account only
  • Premium to be PaidRs. 12 annually (Per year)
    Premium Payment OptionsAuto Debit from the bank account of insured person
    Period/Validity of Scheme1 year and is renewable from year to year
    Primary KYCAadhaar Card of the Applicant

    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 :

    Accident TypeInsured Amount
    Total and irrecoverable loss of both eyes or loss of use of both hands or feet or loss of sight of one eye and loss of use of hand or footRs.2,00,000
    Total and irrecoverable loss of sight of one eye or loss of use of one hand or footRs. 1 Lakh

    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 NameName Of SLBC Convenor BankToll Free Number
    1Andhra PradeshAndhra Bank1800-425-8525
    2Andman & Nicobar IslandState Bank of India1800-345-4545
    3Arunachal PradeshState Bank of India1800-345-3616
    4AssamState Bank of India1800-345-3756
    5BiharState Bank of India1800-345-6195
    6ChandigarhPunjab National Bank1800-180-1111
    7ChhattisgarhState Bank of India1800-233-4358
    8Dadra & Nagar HaveliDena Bank1800-225-885
    9Daman & DiuDena Bank1800-225-885
    10DelhiOriental Bank of Commerce1800-1800-124
    11GoaState Bank of India1800-2333-202
    12GujaratDena Bank1800-225-885
    13HaryanaPunjab National Bank1800-180-1111
    14Himanchal  PradeshUCO Bank1800-180-8053
    15JharkhandBank of India1800-345-6576
    16KarnatakaSyndicate Bank-SLBC1800-4259-7777
    17KeralaCanara Bank1800-425-11222
    18LakshadweepSyndicate Bank1800-4259-7777
    19Madhya PradeshCentral Bank of India1800-233-4035
    20MaharashtraBank of Maharashtra1800-102-2636
    21ManipurState Bank of India1800-345-3858
    22MeghalyaState Bank of India1800 – 345 – 3658
    23MizoramState Bank of India1800-345-3660
    24NagalandState Bank of India1800-345-3708
    25OdishaUCO Bank1800-345-6551
    26PuducherryIndian Bank1800-4250-0000
    27PunjabPunjab National Bank1800-180-1111
    28RajasthanBank of Baroda1800-180-6546
    29SikkimState Bank of India1800-345-3256
    30TelanganaState Bank of Hyderabad1800-425-8933
    31Tamil NaduIndian Overseas Bank1800-425-4415
    32Uttar PradeshBank of Baroda1800-102-4455
    33UttrakhandState Bank of India1800-180-4167
    34West Bengal and TripuraUnited Bank of India1800-345-3343