PMJJY/PMSBY

Pradhan Mantri Social Security Schemes:

APCOB offering the following Social Security Schemes to customers through its branches.Customers who are having  Savings bank account are eligible  to give consent to join the scheme and enable auto-debit the account for premium amount yearly.

Pradhan Mantri Jeevan Jyothi Bheema Yojana (PMJJBY):

PMJJBY is a government sponsored Life Insurance scheme.The scheme is a one year cover Term Life Insurance Scheme, renewable from year to year, offering life insurance cover for death due to any reason.

Scheme Highlights:

  • ·         Premium of Rs.330/- per year.
  •           Policy period start from 1st June to 31st May.
  • ·         Enrollment from Age 18 years to 50 years.
  • ·         Insurance cover of Rs.2.00 Lakh upto the age of 55 years.
  •           Lien Period: 30 days w.e.f 01.06.2021

Pradhan Mantri  Suraksha Bheema Yojana (PMSBY):

PMSBY Scheme is a Social Security scheme of the government, aims to provide insurance cover to individuals in cases of accidents leading to death or disability.

Scheme Highlights:

  • ·         Premium of Rs.12/- per year.
  •            Policy period start from 1st June to 31st May.
  • ·         Enrollment from Age 18 years to 70 years.
  • ·         Insurance cover of Rs.2.00 Lakh on accidental death.
  • ·         Insurance cover of Rs.1.00 Lakh on irrecoverable loss of eye/hand/foot.

Video