🗓️Last Updated: June 2026

PMJJBY 2026: ₹2 Lakh Life Insurance at ₹436/Year — No Medical Examination

Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) provides ₹2 lakh life insurance cover for any cause of death — accidental, natural, or illness — at just ₹436 per year. Unlike PMSBY (which covers only accidents), PMJJBY covers all causes. No medical test required. Available to any bank account holder aged 18–50.

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Verified by NagrikIQ Research Team
Sources: Official .gov.in portals only · Updated June 2026
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Official Sources
🔗jansuraksha.gov.in — Official Portal →

📋 Overview

Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) was launched on 9 May 2015 alongside PMSBY (accident insurance) and APY (pension) under the Jan Suraksha financial inclusion initiative. PMJJBY is a pure term life insurance plan underwritten by Life Insurance Corporation (LIC) and private life insurance companies in partnership with banks. Key features: - Sum assured: ₹2 lakh on death due to any reason (accidental or natural death, illness) - Premium: ₹436 per year (revised from ₹330 in 2022) — auto-debited from savings bank account on 1 June - Coverage period: 1 June to 31 May (annual, auto-renewable) - Eligibility age: 18–50 years at time of enrolment (coverage continues until age 55) - No medical examination required for enrolment - No restrictions on occupation, health status, or income Difference between PMJJBY and PMSBY: - PMSBY (₹20/year): Covers accidental death and disability only - PMJJBY (₹436/year): Covers all causes of death — accident, illness, natural causes - Many advisors recommend getting BOTH for comprehensive protection at ₹456/year total Over 20 crore people are enrolled in PMJJBY as of 2026. The scheme has paid out over ₹20,000 crore in claims since inception. Important: The scheme has a 45-day waiting period from the date of first enrolment — death claims are not payable in the first 45 days (except for accidental death which is covered from Day 1 for most insurers).

✅ Eligibility

  • ✓Indian citizen aged 18 to 50 years (coverage continues until age 55 even if enrolled at 50)
  • ✓Must have an active savings bank account at a participating bank (all major banks participate)
  • ✓Aadhaar-linked bank account is preferred for seamless claim settlement
  • ✓Account must have sufficient balance (₹436) on 1 June for auto-debit — insufficient balance causes lapse
  • ✓One PMJJBY enrolment per person — even if you have multiple bank accounts, only one enrolment (from one account) is allowed
  • ✓No income ceiling — available to all income groups
  • ✓No occupational restriction — farmers, labourers, self-employed, all are eligible
  • ✓Pre-existing health conditions do NOT disqualify you — no medical examination required

📁 Documents Required

▸Aadhaar card (for identity verification and KYC)
▸Savings bank account details (account from which ₹436 will be auto-debited annually)
▸Mobile number linked to bank account (for enrolment confirmation and claim communication)
▸Nominee's details: name, relationship, date of birth, Aadhaar number
▸For claim filing by nominee: death certificate of insured, bank account details of nominee
▸If death is accidental: FIR/police report, post-mortem report
▸If death due to illness: hospital records, medical reports
▸Nominee's own identity proof (Aadhaar) for KYC at claim time

💰Fees & Processing Time

Fee
₹436 per year (annual premium). Auto-debited from savings bank account on 1 June each year. No medical test fee, no enrolment fee. Premium is shared between the insurer and the bank as commission — no hidden charges to the customer.
Processing Time
Enrolment: same day via net banking/mobile banking, within 1–2 days via bank branch. Coverage starts from date of enrolment (with 45-day waiting period for non-accidental death). Claim settlement: within 30 days of complete claim documentation submission to the bank/insurer.

🖥️ How to Apply Online

  1. 1Log in to your bank's internet banking or mobile banking app
  2. 2Navigate to 'Insurance' section or search for 'PMJJBY' or 'PM Jeevan Jyoti'
  3. 3Click 'Enrol for PMJJBY'
  4. 4Confirm your details: name, date of birth, Aadhaar number, savings account number
  5. 5Enter nominee details: nominee name, date of birth, relationship, nominee's Aadhaar
  6. 6Review premium amount: ₹436/year auto-debited on 1 June
  7. 7Give consent for auto-debit and enrolment
  8. 8Submit — you receive an SMS confirmation with your PMJJBY policy number
  9. 9Save the policy number and insurance certificate for claim filing reference
  10. 10Ensure account has ₹436 balance every June for uninterrupted coverage

🏢 How to Apply Offline

  1. 1Visit your bank branch and request the PMJJBY enrolment form
  2. 2Fill the form: personal details, bank account number, Aadhaar, nominee details
  3. 3Sign the auto-debit consent for ₹436 annual premium
  4. 4Submit form to the bank — branch staff processes enrolment same day
  5. 5Collect the enrolment acknowledgement / policy certificate
  6. 6Can also enrol through the nearest CSC (Common Service Centre) for Jan Dhan account holders
  7. 7After enrolment, your coverage starts — remember the 45-day waiting period for non-accidental death

⚠️Common Problems & Solutions

✗Lapsed PMJJBY — how to restore coverage
→If coverage lapses due to insufficient balance, you can re-enrol. Some banks allow re-enrolment mid-year with payment of pro-rated premium and a health self-declaration. Contact your bank branch. The 45-day waiting period starts again from re-enrolment. Some insurers may require a health declaration for reinstatement.
✗Nominee is not in India — how to file a claim from abroad
→The nominee can authorise a Power of Attorney (POA) holder in India to file the claim on their behalf. The claim form, death certificate, and POA document should be submitted to the bank branch. For NRI nominees, the bank may have a specific process — contact the bank's NRI service desk.
✗Death in the first 45 days of enrolment — is the claim payable?
→PMJJBY has a 45-day waiting period. Death due to non-accidental causes (illness, natural) within the first 45 days is generally not covered in the first year of enrolment. Accidental death is typically covered from Day 1. After the first year, all deaths are covered from renewal date without waiting period.
✗I have PMJJBY and died in an accident — should nominee claim from PMJJBY or PMSBY?
→If the deceased had both PMJJBY and PMSBY, the nominee can claim from BOTH. PMJJBY pays ₹2 lakh for death from any cause (including accident). PMSBY pays ₹2 lakh for accidental death (or ₹1 lakh for partial disability). Total claim for accidental death with both policies: ₹4 lakh. File two separate claims — one at the bank for PMJJBY and one for PMSBY.

❓ Frequently Asked Questions

Q.What is the difference between PMJJBY and LIC Jeevan Bima (regular LIC policies)?

PMJJBY is a government-sponsored group term insurance with no savings/investment component — purely risk cover at ₹436/year. Regular LIC policies like Jeevan Anand have savings, bonus, and maturity benefits but cost significantly more (several thousand to lakhs in premium). PMJJBY is ideal as a low-cost base protection; LIC endowment plans serve savings+protection goals.

Q.At what age does PMJJBY coverage end?

You can enrol in PMJJBY up to age 50. Coverage continues until age 55, even if you enrolled at 50. After age 55, the policy terminates and cannot be renewed. For life insurance beyond 55, you need a commercial term or life insurance policy.

Q.Does PMJJBY cover suicide?

No. Death due to suicide is excluded from PMJJBY coverage, as is standard for most term life insurance policies. Death from self-inflicted injury, involvement in criminal activity, or war is not covered.

Q.Can a person with a chronic illness (diabetes, BP) enrol?

Yes. PMJJBY requires no medical examination and has no health-based exclusions at the time of enrolment. Pre-existing conditions do not affect eligibility. However, death must occur during the coverage period after the 45-day waiting period to be eligible for the claim benefit.

Q.Will I receive any money back if I don't die during the policy period?

No. PMJJBY is a pure term life insurance — it pays only on death. There is no maturity benefit, no survival benefit, and no return of premium if you outlive the policy year. The ₹436/year premium goes towards risk pooling. This is why it is so affordable — there is no investment component.

📞Helpline & Support

  • ▸PMJJBY Helpline: 1800-180-1111 or 1800-110-001 (toll-free)
  • ▸LIC Helpline: 022-68276827 (LIC is the main underwriter)
  • ▸Official Portal: jansuraksha.gov.in
  • ▸Insurance Ombudsman: irdai.gov.in for claim disputes
  • ▸Your Bank: Contact your bank's customer care for enrolment/claim issues
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Disclaimer: NagrikIQ is an informational platform and is not affiliated with any government department. Information provided is for guidance only. Always verify details on the official government portal before taking action.