Schemes / Government of India
Pradhan Mantri Suraksha Bima Yojana (PMSBY)
Central schemeeveryone
One-year renewable accident insurance for death or disability due to an accident, available through banks and post offices.
What you get
₹2 lakh for accidental death or total permanent disability and ₹1 lakh for partial permanent disability, for an annual premium of ₹20.
Who can apply
- Age 18–70
- Savings account with a bank or post office, with consent for auto-debit
How to apply
- Enrol through your bank or post office branch, net/mobile banking, or the Jan Suraksha portal
- Give consent for auto-debit of the annual premium
Documents usually needed
- Aadhaar (KYC)
- Bank/post office savings account
Nodal authority: Department of Financial Services. Amounts and rules change — the official page is the final word.