Protection for
Less than a Cup of Tea.
At just ₹20 per year, PMSBY provides a safety net for your family against accidental death and disability.
Annual Premium
₹20
Auto-debited once a year
Age Group
18 to 70 Years
Policy Period
June 1 - May 31
Payment
Auto-Debit Only
Status
One Account Only
Coverage & Benefits
Accidental Death
₹2,00,000
Sum Insured
Full Disability
Loss of both eyes, hands, or feet
₹2,00,000
Sum Insured
Partial Disability
Loss of one eye, hand, or foot
₹1,00,000
Sum Insured
Enrollment Modality
Consent: Provide a simple consent form to your bank to enable the Auto-Debit facility.
Deadline: Renewal happens every year by 31st May. Ensure your account has at least ₹20 balance during this time.
Single Account: If you have multiple bank accounts, you can only enroll through one of them. Claims from multiple accounts will be rejected.
Important Notice
The cover is renewable year to year. If you join after the 1st of June, the full premium of ₹20 is still applicable, and the cover will end on the following 31st of May.