Pmjjby premium: The main goal of the

The main goal of the PMJJBY is to insure low-income Indians by offering them affordable life insurance. A yearly premium of only ₹436 entitles policyholders to insurance for their families. premium which means Radha is now eligible for ₹2 lakh as life insur. nce compensation. It gave her hope to stand again, live again and start her life fresh. Radha’s story isn’t an exception — it’s part of a quiet fin. Important Information Union Bank of India announces migration of Corporate Website to new URL https://unionbankofindia.bank.in/en/details/pradhan-mantri-jeevan-jyoti ... PMJJBY is an Insurance Scheme offering life insurance cover for death due to any reason. It is a one-year cover, renewable from year to year. The scheme is offered / administered through LIC and other Life Insurance companies. All individual account holders in the age group of 18 to 50 years are eligible to join the scheme. The annual premium of the member is Rs 406/-. The premium is deducted from the account holder's bank account through 'auto debit" facility in one instalment, as per the ...