As we all know that life is full of uncertainties, we don't know what will happen here. Therefore, we should be prepared to avoid future problems, especially financially, understanding this problem, the government has started Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJBY), which is designed to provide financial security to the people.

Launched by Prime Minister Narendra Modi in May 2015, the first objective is to ensure that people between the ages of 18 and 50 get maximum life insurance, let's know its full details

Main benefits of PMJBY Eligibility: This scheme is available for people between the ages of 18 and 50.

Life Insurer: A life cover of ₹ 2 lakh is provided to the institution, which provides autonomous financial security to the institution in case of death of the insured.

Comprehensive Charges: Death due to any reason is covered under this plan, ensuring comprehensive assistance to the family of the insured person.

The charge is Rs 436, which is easily auto-debited from the bank for the portfolio.

Application Process Offline Application One can easily apply through PMJJBY through the net banking facility of their bank.

Offline Application Download the 'Consent-cum-Declaration Form' from the official website.

Fill the application form and sign it.

Attach required attachments and submit the entire form to the bank or philatelic officer.

On submission, you will receive an 'Acknowledgement cum Certificate of Insurance'.