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Pradhan Mantri Suraksha Bima Yojana (PMSBY)

Pradhan Mantri Suraksha Bima Yojana (PMSBY) is a social security scheme that offers one-year accidental death and disability cover, that can be renewed yearly


Eligibility

• All individual bank account holders, whether single or joint account status, in the age group 18-70 years, are eligible to join the PMSBY scheme.Points to be noted:In case of multiple bank accounts held by an individual in one or different banks, the person would be eligible to join the scheme through one bank account only.In the case of joint account holders, all the holders will be allowed to join the scheme

• Aadhar would be the primary KYC for the bank account