Diabytes
PMJJBY News
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Those with bank accounts --SBI, Post office or any other banks -- Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) eligible beneficiaries who consent to join or activate auto-debit, must know how to stop the money being deducted.
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Those with bank accounts --SBI, Post office or any other banks -- who consent to join or activate auto-debit and are in the age range of 18 to 50 are eligible for the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY).
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If you find out that Rs 20 has been auto-debited from your account, you will have to visit the bank branch in order to stop it. But why was the money deducted? Find out.
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Depending on the plan he or she selects, an annual premium of Rs 436 is auto-debited from the subscriber's bank account on or before May 31 of each annual coverage term under Pradhan Mantri Jeevan Jyoti Bima Yojana.
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Know how to digitally enroll under Pradhan Mantri Jeevan Jyoti Bima Yojana, Pradhan Mantri Suraksha Bima in SBI.
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Those with bank accounts --SBI, Post office or any other banks -- who consent to join or activate auto-debit and are in the age range of 18 to 50 are eligible for the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY).
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Those with bank accounts --SBI, Post office or any other banks -- who consent to join or activate auto-debit and are in the age range of 18 to 50 are eligible for the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY).
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Those with bank accounts --SBI, Post office or any other banks -- who consent to join or activate auto-debit and are in the age range of 18 to 50 are eligible for the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY).
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Every year between May 25 and May 31, a renewal premium of Rs 20 (including GST) would be automatically withdrawn from the savings account.
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The premium is Rs 436 per annum which is to be auto-debited in one installment from the subscriber’s bank account as per the option given by him on or before 31st May of each annual coverage period under the scheme.
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The last date to renew PMJJBY and PMSBY policies is May 31, 2022.
Beneficiaries receive insurance benefits worth Rs 4 lakh under the two schemes.
PMJJBY is a life insurance scheme for Indians aged between 18 to 50.
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LIC noted that PMJJBY is a group insurance product.
Therefore PMJJBY subscribers are not eligible for receiving IPO shares.
Previously, LIC Chairman M R Kumar had noted that PMJJBY subscribers are eligible for the benefits available for policyholders.
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Apex body of life insurers, Life Insurance Council is working hard towards making the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) attractive for its member companies apprehending its viability under the present pricing policy.
As many as 22 death and accident claims were settled within a month of the launch of the government's flagship social security insurance schemes, giving relief to near and dear ones of the policyholders.
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