Pradhan Mantri Suraksha Bima Yojana completed 8 years.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Premium: The premium for the scheme is Rs 20 per annum starting from June 1, 2022.
Payment Mode: The premium for the Pradhan Mantri Suraksha Bima Yojana will be automatically debited by the bank from the subscriber’s account on or before the 1st of June every year for the annual coverage period under the scheme.
The scheme requires individuals to enroll every year. They may also choose a long-term option, in which case their bank account will be automatically debited by the bank each year.
All Public Sector General Insurance Companies and other insurers who are interested in joining the scheme and have tie-ups with banks are eligible to offer the scheme.
Also Read:
Find More News Related to Schemes & Committees
The Reserve Bank of India (RBI) has disclosed that 97.76% of the Rs 2000 denomination…
The People's Republic of China has reclaimed its throne as the top badminton nation, clinching…
In response to a public interest litigation (PIL) on child marriage, the Rajasthan High Court…
In a remarkable feat, The Hindu secured three prestigious awards at the 6th International Newspaper…
Uttar Pradesh, often hailed as the heartland of India, holds the distinction of being the…
Air Marshal Nagesh Kapoor has taken charge as the Air Officer Commanding-in-Chief (AOC-in-C) of the…