Social Security Schemes

Pradhan Mantri Jan-Dhan Yojana 

• Pradhan Mantri Jan-Dhan Yojana (PMJDY) was launched by Hon'ble Prime Minister on 28th August 2014. 
• The scheme focuses on coverage of households in rural and urban areas by opening bank account. 
• A minor about the age of 10 years can open his / her Savings Bank account in any Bank. 
• RuPay Debit Card provides in-built Accidental Insurance Cover of Rs. 1.00 without any charge to the customer. 
• To get benefit of Accidental Insurance Cover, RuPay Debit Card must be used at least once every 45 days. 
• Overdraft facility up to Rs. 5000/- is available to one account holder in a family after 6 months of satisfactory conduct of the account. 

Pradhan Mantri Surksha Bima Yojana 

• PMSBY, an Accident insurance Scheme provide accidental death and disability cover to account holders on accident upto Rs. 2.00 Lava. 
• All Saving Bank account holders in the age 18 to 70 years are eligible for scheme with premium of Rs.12/ annum/ member renewable every year. 

Pradhan Mantri Jeevan Jyoti Bima Yojana 

• PMJJBY, an Insurance Scheme for life insurance cover of Rs. 2.00 Lava for death to any reason. 
• Available at Bank branches/ Bank Mitr
• All saving Bank account holders in age 18 to 50 years are eligible for this. 
• The Premium is Rs. 330 plus service tax/ annum/ member.. Renewable at yearly intervals