Pradhan Mantri Jeevan Jyoti Bima Yojana 2026(PMJJBY)

Pradhan Mantri Jeevan Jyoti Bima Yojana 2026 (PMJJBY) is one of the most important social security schemes introduced by the Government of India to provide affordable life insurance to the common people. Updated for 2026, this scheme continues to protect millions of Indian families from financial hardship caused by the sudden death of the earning member.

In India, a large number of people do not have any form of life insurance due to high premiums and complex procedures. PMJJBY solves this problem by offering a simple, low-cost, and bank-linked life insurance policy that anyone can understand and use. The scheme ensures that families receive financial support during the most difficult time of their lives.

What is Pradhan Mantri Jeevan Jyoti Bima Yojana ?

Pradhan Mantri Jeevan Jyoti Bima Yojana is a government-backed term life insurance scheme linked to a savings bank account. Under this scheme, a life cover of ₹2,00,000 is provided to the nominee if the insured person dies due to any reason. The cause of death can be natural, accidental, or due to illness.

PMJJBY is a one-year policy that is renewable every year. The policy period starts from 1st June and ends on 31st May. As long as the policyholder pays the annual premium on time, the insurance coverage remains active.

Pradhan Mantri Jeevan Jyoti Bima Yojana 2026 : Key Highlights

• Scheme Name: Pradhan Mantri Jeevan Jyoti Bima Yojana
• Insurance Type: Term Life Insurance
• Coverage Amount: ₹2,00,000
• Annual Premium: ₹436 only
• Entry Age: 18 to 50 years
• Coverage Continuation: Up to 55 years
• Policy Period: 1 June to 31 May
• Premium Payment Mode: Auto-debit

Eligibility Criteria for PMJJBY 2026

Before applying for PMJJBY, it is important to check whether you meet the eligibility conditions. The scheme is designed to include as many people as possible.

• The applicant must be an Indian citizen
• Age should be between 18 and 50 years
• The applicant must have an active savings bank account
• The bank account should be linked with Aadhaar

If a person joins PMJJBY before reaching the age of 50, the policy can be renewed every year and continued up to the age of 55 by paying the premium regularly.

PMJJBY Premium and Life Coverage

One of the biggest advantages of PMJJBY is its extremely affordable premium. Unlike private insurance policies, the premium under PMJJBY is the same for everyone and does not depend on income, profession, or location.

• Annual Premium: ₹436 per year
• Life Insurance Cover: ₹2,00,000

The premium amount is automatically deducted from the policyholder’s bank account every year. Therefore, it is essential to maintain sufficient balance to avoid policy lapse.

Benefits of Pradhan Mantri Jeevan Jyoti Bima Yojana

PMJJBY offers several benefits that make it an ideal life insurance scheme for common citizens:

• Very low-cost life insurance
• Financial security for family members
• Covers death due to any cause
• No medical examination required
• Simple enrollment process
• Government-supported and reliable
• Direct claim transfer to nominee’s bank account

For less than ₹1.20 per day, PMJJBY ensures peace of mind and long-term protection for your loved ones.

PMJJBY Apply Process 2026 – Full Step-by-Step Guide

Online Apply Process (Net Banking / Mobile Banking)

Most banks allow PMJJBY enrollment through their digital platforms. This method is fast and convenient.

1. Log in to your bank’s net banking or mobile banking app
2. Navigate to the Insurance or Government Schemes section
3. Select Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
4. Verify your personal details such as name and date of birth
5. Enter or update nominee details
6. Provide consent for auto-debit of ₹436 annually
7. Submit the application

Once submitted, the premium is deducted automatically, and your PMJJBY policy becomes active.

Offline Apply Process (Bank Branch)

People who are not comfortable with online banking can apply offline.

1. Visit your bank branch where you hold a savings account
2. Ask for the PMJJBY enrollment form
3. Fill in personal, Aadhaar, and nominee details
4. Sign the auto-debit consent form
5. Submit the completed form to the bank official

Documents Required for PMJJBY

• Aadhaar Card
• Savings Bank Account
• Nominee Details

No medical reports or income proof are required to enroll in PMJJBY.

PMJJBY Claim Process Explained

In the unfortunate event of the policyholder’s death, the nominee can claim the insurance amount easily.

• Inform the concerned bank immediately
• Collect and fill the PMJJBY claim form
• Submit the death certificate of the insured
• Provide nominee’s bank account details

After verification, the insurance amount of ₹2,00,000 is directly credited to the nominee’s bank account.

Difference Between PMJJBY and PMSBY

Feature	PMJJBY	PMSBY
Type of Insurance	Life Insurance	Accident Insurance
Coverage Amount	₹2,00,000	₹2,00,000
Annual Premium	₹436	₹20

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Frequently Asked Questions (FAQs)

Is PMJJBY compulsory?

No, PMJJBY is completely voluntary.

Can I have more than one PMJJBY policy?

No, only one policy per person is allowed.

Does PMJJBY cover accidental death?

Yes, it covers both accidental and natural death.

Is medical examination required?

No medical test is required for PMJJBY enrollment.

What happens if premium is not paid?

If the premium is not deducted, the policy may lapse.

Conclusion

The Pradhan Mantri Jeevan Jyoti Bima Yojana 2026 is one of the most affordable and effective life insurance schemes in India. With a simple application process, low premium, and guaranteed coverage, PMJJBY is a smart financial decision for anyone who wants to secure their family’s future. If you have a savings bank account and dependents, enrolling in PMJJBY can provide long-term peace of mind.

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