What is Pradhan Mantri Jeevan Jyoti Bima Yojana?



What is Pradhan Mantri Jeevan Jyoti Bima Yojana?..

Answer / Prafull Gupta

Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is a life insurance scheme by the Government of India for the benefit of the uninsured segment of the population. It provides a coverage of Rs. 2 lakh in case of death due to any reason, to persons in the age group of 18-50 years, having a savings account with a participating bank and having registered for the scheme.

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