PM Jeevan Jyoti Bima Yojana 2026 – Apply Online, Eligibility & Benefits

📋 Overview

PM Jeevan Jyoti Bima Yojana (PMJJBY) is a life insurance scheme for individuals aged 18 to 50 years. It provides a ₹2 lakh death benefit to the nominee at an annual premium of ₹436. The policy covers death due to any reason – illness, accident or natural causes. It is a one-year renewable term life insurance linked to your savings bank account. PMJJBY combined with PMSBY provides a comprehensive safety net for individuals at very low cost.

✅ Key Benefits

• Life insurance cover of ₹2 lakh for death from any cause
• Low annual premium of only ₹436 per year
• Auto-renewal through bank account every year
• No medical examination required for enrolment
• Covers both natural and accidental death
• Simple claim process through the participating bank
• Can be combined with PM Suraksha Bima for full protection

👤 Eligibility Criteria

The applicant must be between 18 and 50 years of age. A savings bank account in a participating bank is mandatory. The account must have auto-debit facility. Only one PMJJBY policy per person is allowed even if they have multiple accounts. The policy coverage extends up to age 55 if continuously renewed. Individuals above 50 years who have not previously enrolled are not eligible for fresh enrolment.

📄 Required Documents

• Bank savings account number
• Aadhaar Card
• Nominee's details (name, date of birth, relationship)
• Mobile number linked to bank account

🚀 How to Apply

1. Log in to your bank's internet banking or mobile banking
2. Navigate to 'Social Security Schemes' or 'PM Jeevan Jyoti'
3. Click 'Enrol' and verify using OTP on your mobile number
4. Enter nominee name, date of birth and relationship
5. Confirm the auto-debit consent for ₹436 per year
6. Or visit your nearest bank branch and request PMJJBY enrolment form
7. The policy is valid from June 1 to May 31 every year

❓ Frequently Asked Questions