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PMSBY

Pradhan Mantri Suraksha Bima Yojana

P

State

States / UT: Gujarat

Ministry / nodal: Finance Department

Department: Finance Department

Nodal department: Finance Department

Scheme for: Individual

Scheme profile

DBT (direct benefit transfer): No

Target beneficiaries: Individuals

Tags: Insurance, Accident Cover, Financial Help, Public Scheme, Renewable, India, Age 18-70, Auto-Debit, Accidental Death, Disability, Affordable, Annual Premium

Details

PMSBY is an Accident Insurance Scheme that provides coverage for accidental death and disability. The scheme offers a one-year cover that is renewable annually. It is designed for individual bank and post office account holders aged between 18 to 70 years in participating banks and post offices.

Benefits

  • - Accidental death cover of ₹2lakh for total and irrecoverable loss of both eyes, both hands, or both feet
  • Accidental death cover of ₹1lakh for total and irrecoverable loss of sight of one eye or loss of use of one hand or foot
  • Premium of ₹20per annum per member, deducted via auto-debit from the account holder’s bank or post office account
  • Accidental death cover of ₹2 lakh for total and irrecoverable loss of both eyes, both hands, or both feet.
  • Accidental death cover of ₹1 lakh for total and irrecoverable loss of sight of one eye or loss of use of one hand or foot.
  • Premium of ₹20 per annum per member, deducted via auto-debit from the account holder’s bank or post office account.

Eligibility

All individual bank and post office account holders aged 18 to 70 years in participating banks and post offices.

Application Process

Online

To join, account holders must provide the option to pay by auto-debit from their designated bank or post office account using the prescribed forms by 31st May of each year. For more information, visit the Finance Department website.

Documents Required

No document list is available for this scheme yet.

References

Apply

Apply now

Opens the official application or programme portal in a new tab. If in doubt, confirm details on the ministry site.

Documents Required for Government Schemes

Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:

  • Aadhaar Card
  • Income Certificate
  • Caste Certificate (if applicable)
  • Residence Proof
  • Bank Account Details
  • Educational Certificates (for student schemes)

How to Apply for Government Schemes?

The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:

  1. Check eligibility criteria
  2. Collect required documents
  3. Fill the application form
  4. Submit the application online or at the relevant office
  5. Track application status