Pradhan Mantri Jeevan Jyoti Bima Yojana New Rules (PMJJBY)

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The full name of PMJJBY is Pradhan Mantri Jeevan Jyoti Bima Yojana. In this article, we are covering the following topics:

  • What is the scheme?
  • What is the revised premium for PMJJBY?
  • Lien Period in PMJJBY.
  • Why are banks pressuring you to join PMJJBY?
  • How can you remove the PMJJBY from your savings account?
  • How you can download the PMJJBY Certificate
  • What is the process for claiming PMJJBY?
  • PMJJBY complaint number?

Let’s get started.

What is Pradhan Mantri Jeevan Jyoti Bima Yojana?

PMJJBY is an insurance scheme that provides life insurance coverage for any cause of death. On May 9, India’s Hon. Prime Minister Sh. Narendra Modi launched it in Kolkata.

It is a one-year life insurance policy, which is renewed from year to year in the month of July. The scheme is offered by LIC and other life insurance companies in India.

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Eligibility for PMJJBY?

a) Individual account holders between the ages of 18 and 50. Therefore, the age limit is up to 50 years.

b) If a person has more than one account in different banks, he or she can only join this scheme through one of those banks.

c) Aadhaar is required to participate in this scheme. 

PMJJBY Premium Amount Details

The cover under PMJJBY is only for one year from the debit of the first premium. The period is from June 1 to May 31, and the policy is renewed by auto-debit of premium from the policyholder’s account from July 1 to July 31.

If anyone joins the Pradhan Mantri Jeevan Jyoti Bima Yojana scheme in between the said periods, then the premium on a pro-rata basis is as follows:

Enrolment PeriodPremium Amount
June, July, and AugustRs. 436
September, October, and NovemberRs. 342
December, January and FebruaryRs. 228
March, April and MayRs. 114

That means if you join this scheme in these months, the premium should be debited from your account on a pro-rata basis as per the above table.

You should be aware of the premium debited from your account because sometimes banks debit the full amount from your account.

Lien Period in Pradhan Mantri Jeevan Jyoti Bima Yojana

In PMJJBY, the lien period is 30 days. It means that if any person enrolled in the Pradhan Mantri Jeevan Jyoti Bima Yojana and died after 30 days from the date of enrollment, he is eligible for the claim;

But if he died before the completion of 30 days from the date of enrollment, he is not eligible for the claim.

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Why are Banks pressuring you to Join PMJJBY?

pradhan mantri jeevan jyoti bima yojana

The Indian government has given targets to financial institutions, i.e., all public sector banks and private banks, post offices, and LIC, to cover the maximum population under the PMJJBY (Pradhan Mantri Jeevan Jyoti Bima Yojana).

This scheme offers Rs. 2 lakhs of life insurance, and the annual premium is also very low, so it is very useful for middle-class and poor individuals.

As a result, banks encouraged both new and existing account holders to participate in this scheme. Sometimes, under pressure, they enrolled their account holders in this scheme without their consent.

How can you remove the PMJJBY from your Savings Account?

If you are enrolled in this scheme without your consent, you can easily opt-out. Just follow these simple steps to opt yourself out of this scheme.

1. First, review your account statement for the total number of debits against your Pradhan Mantri Jeevan Jyoti Bima Yojana insurance premium and record the total amount along with the dates.

2. Now go to your bank branch.

3. Write down the application letter to withdraw from the Pradhan Mantri Jeevan Jyoti Bima Yojana. Make a copy of that application.

4. Give the application to your branch manager and make a copy of it.

5. The bank has to take action on your application within 7 working days.

The PMJJBY close application format should be this:

Application format


The Branch Manager
Branch Office……………………

Subject: Application for Exit from the PMJJBY Scheme

Respected Sir,

It is my intention to inform you that I have not enrolled in the aforementioned government scheme and have not given my bank written permission to debit the premium from my savings account. So you are requested to withdraw my account from the PMJJBY scheme and refund the amount, if any. The premium debit detail is listed by date under:

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How can you download the PMJJBY Certificate?

The following is the procedure for downloading your Pradhan Mantri Jeevan Jyoti Bima Yojana certificate: 

1. First, you must determine who your insurer is.The insurer is the company that handles your policy and claims. like LIC, SBI Life Insurance, Canara-HSBC, etc.

2. You can ask your bank manager or check online which insurance company has tied up with your bank to deal with the Pradhan Mantri Jeevan Jyoti Bima Yojana claims.

3. Once you have your insurer’s information, go to its website. For example, in our case, the insurer is SBI Life Insurance Company. So we go to, and we get this page.

4. Then Select the product as “PMJJBY-COI”

5. After product selection, select the bank name and then enter your account number (from which the premium is debited). Then enter the policy holder’s date of birth, which is the life insurer’s date of birth.

6. Now enter the captcha.

7. After you submit, you will get your certificate. Just click on the customer ID, and your certificate will download.

PMJJBY Insurance Claim Settlement Procedure

The claim process is very simple but time-consuming. After completion of the claim form, it is to be submitted, preferably within 30 days of the death of the insured member.

Here is the list of documents for the PMJJBY claim:

  1. Proof of death of the insured member, i.e., a death certificate (proof of accidental death if death occurs within the policy period, i.e.,30 days from the date of joining or rejoining the policy)
  2. Aadhaar number and PAN number of a deceased member and the nominee, appointee, or claimant.
  3. KYC documents in respect of the nominee, appointee, or claimant.
  4. The first two pages of the passbook, or bank or post office account statement, show account details or a cancelled check from the nominee, appointee, or claimant’s account.
  5. Proof of death in the event that the nominee has predeceased the insured member
  6. Proof that the claimant is the legal heir, if the claimant is not the nominee or appointee.
  7. An advance receipt for discharge of claim, duly filled in and signed

Just complete the above documents and submit to policy holder bank branch.

You can download the claim form from here.

Form LanguageDownload Link
EnglishClick Here
HindiClick Here
GujaratiClick Here
BanglaClick Here
KannadaClick Here
TelguClick Here

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Pradhan Mantri Jeevan Jyoti Bima Yojana Video

You can also watch our video on the Pradhan Mantri Jeevan Jyoti Bima Yojana.

PMJJBY Complaint Number

Please watch our video if you have any questions or want to file a complaint. 

Thanks for reading. You can explore our website for more informational content on banking.

PMJJBY and PMSBY Complaint links of all Public Sector Banks

1State Bank of India
2Bank of Baroda
3Bank of India
4Bank of Maharashtra
5Canara Bank
6Central Bank of India
7Indian Bank!
8Indian Overseas Bank
9Punjab National Bank
10Union Bank of India
11Punjab & Sind Bank
12UCO Bank

Click here to file complaint against any bank

FAQs on Pradhan Mantri Jeevan Jyoti Bima Yojana

What are the documents required for PMJJBY?

Proof of Identity (KYC): Either of AADHAAR card or Electoral Photo Identity Card (EPIC) or MGNREGA card or Driving License or PAN card or Passport

How do I pay the premium for PMJJBY?

The premium will be deducted from the account holder’s bank / Post office account through ‘auto debit’ facility in one instalment, as per the option given, at the time of enrolment under the scheme.

What is the annual premium under PMJJBY?

A life cover of Rs. 2 lakhs is available under the PMJJBY scheme, at a premium of Rs. 436 per annum per member, and is renewable every year.

How can I cancel Pradhan Mantri Jeevan Jyoti Bima Yojana?

Write application to your Branch Manager but please note that If you cancelled your policy you will not get any refund of your previous premiums deposited.


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