PMJJBY 2026: ₹2 Lakh Life Cover at Just ₹436/Year — Full Guide

Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is a government-backed life insurance scheme that gives your family ₹2,00,000 if you pass away — for a premium of just ₹436 a year. If you have a savings bank account, you can join in minutes through net banking, a mobile banking app, or your bank branch. This guide covers eligibility, documents, the exact online steps, and how your nominee can file a claim.

What Is PMJJBY?

Launched by the Ministry of Finance on 9 May 2015, PMJJBY is a one-year renewable term life insurance policy. It pays ₹2 lakh to your nominee if you die from any cause — natural or accidental — during the policy period. It is run through LIC and other participating life insurers, in partnership with banks and post offices, under the Jan Suraksha umbrella that also includes PMSBY (accident insurance) and Atal Pension Yojana.

Who Can Apply

• ●Indian resident aged 18 to 50 years (cover available till age 55 with renewal)
• ●Must hold a savings account with a participating bank or post office
• ●Must give consent for auto-debit of the annual premium
• ●One person can hold only one PMJJBY cover, even across multiple bank accounts
• ●Good health self-declaration required for first-time joiners after the initial enrollment window

Documents Required

• ●Savings bank account or post office savings account (linked with Aadhaar preferred)
• ●Aadhaar card or any government photo ID for age and identity proof
• ●PMJJBY Application-cum-Consent form (available at your bank branch or on jansuraksha.gov.in)
• ●Nominee name and relationship details
• ●Good-health declaration form (only if joining outside the enrollment window)

How to Apply for PMJJBY Online via Net Banking

1. 1Log in to your bank's net banking portal or mobile app (e.g., SBI YONO, HDFC NetBanking, ICICI iMobile)
2. 2Go to the 'e-Services' or 'Insurance' section on the dashboard
3. 3Select 'Social Security Schemes' or 'Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)'
4. 4Click 'Enroll Now' or 'Apply'
5. 5Enter your nominee's name, date of birth, and relationship to you
6. 6Tick the consent box for annual auto-debit of ₹436 from your linked account
7. 7Click 'Submit' and verify with the OTP sent to your registered mobile number
8. 8Save or download the acknowledgement/enrollment confirmation for your records

How to Apply Offline at Your Bank Branch

1. 1Visit your home branch where you hold a savings account
2. 2Ask for the 'PMJJBY Application-cum-Consent Form' or download it from jansuraksha.gov.in under the 'Forms' section
3. 3Fill in your name, Aadhaar number, date of birth, nominee details, and account number
4. 4Sign the auto-debit consent section authorising the ₹436 annual premium deduction
5. 5Submit the form to the branch official along with your Aadhaar copy
6. 6Collect the stamped acknowledgement slip as proof of enrollment

PMJJBY vs PMSBY — What's the Difference

How to Check Your PMJJBY Enrollment Status

1. 1Log in to your bank's net banking or mobile banking app
2. 2Go to 'e-Services' or 'Insurance' and open 'Social Security Schemes'
3. 3Look for 'PMJJBY' status — it will show 'Active', 'Not Enrolled', or 'Lapsed'
4. 4Alternatively, check your bank passbook or account statement for the ₹436 debit entry each June, which confirms an active policy for that year

Claim Process — How Nominees Can Claim ₹2 Lakh

1. 1The nominee must visit the deceased's bank branch where the PMJJBY account was linked
2. 2Collect and fill the PMJJBY claim form from the branch or jansuraksha.gov.in
3. 3Attach the original death certificate issued by the local municipal or CRS authority
4. 4Submit the nominee's bank account details, cancelled cheque, and identity proof (Aadhaar/PAN)
5. 5The bank forwards the claim to the insurer (LIC or the empanelled insurer)
6. 6The insurer verifies documents and disburses ₹2 lakh directly into the nominee's bank account, typically within 30 days

Premium Payment Dates and Renewal

The PMJJBY policy year runs from 1 June to 31 May. The ₹436 premium is auto-debited from your linked savings account in the first week of June (or the enrollment month, for new joiners). As long as auto-debit succeeds and your account is active, the cover renews automatically each year — you don't need to re-apply.

How to Exit or Cancel PMJJBY

• ●Submit a written request to opt out at your bank branch, or use the 'Exit Scheme' option in net banking under Social Security Schemes
• ●Cover automatically stops if the auto-debit fails due to low balance and is not renewed
• ●Cover also stops on the policyholder turning 55, closing the linked bank account, or in case of death (claim settled instead)
• ●You can re-join in a later year, but may need a fresh good-health declaration if joining outside the enrollment window

Helpline Numbers and Support

Frequently Asked Questions

• ●Can I hold PMJJBY in two different banks? No — you can have only one active PMJJBY cover at a time, even if you hold accounts in multiple banks.
• ●What happens if I die during the same year I enrolled? The claim is payable as long as the premium was successfully debited and the policy was active on the date of death.
• ●Is the ₹436 premium eligible for tax deduction? Yes, the premium qualifies for deduction under Section 80C of the Income Tax Act, within the overall ₹1.5 lakh limit.
• ●Can NRIs join PMJJBY? NRIs with a resident savings account in an Indian bank and consent for auto-debit in Indian currency can enrol, subject to bank-specific terms.
• ●Is a medical test required? No medical test is needed if you join during the annual enrollment window within the eligible age; joining later needs only a self-declaration of good health.