Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)

Visit your nearest bank branch (SBI, PNB, HDFC, any nationalized or participating bank) where you have a savings account → ask for PMJJBY enrollment → fill the simple consent-cum-declaration form → provide Aadhaar, bank account number, and nominee details → submit. No medical exam or complicated forms required.

Most banks allow PMJJBY enrollment through net banking and mobile apps. Log in to your bank's net banking → go to "Insurance" or "Jan Suraksha Schemes" → select PMJJBY → confirm your bank account and nominee details → submit consent. ₹436 is auto-debited.

If you have a Post Office savings account, visit your nearest post office → fill the PMJJBY enrollment form → submit Aadhaar and nominee details. The post office forwards your enrollment to the insurance company (LIC or partner insurer).

On 1 June (or next business day) each year, ₹436 is automatically deducted from your linked savings bank account. If account balance is insufficient, the debit fails and coverage lapses for that year. Keep minimum ₹436 balance around 1 June annually.

In case of the policyholder's death: the nominee should contact the bank where the PMJJBY account is held → submit claim form, original death certificate, FIR (if accidental death), discharge certificate → provide nominee's bank details → bank forwards claim to insurer → ₹2 lakh is credited to nominee's bank within 30 days.