State Bank of India (SBI) has introduced a convenient self-subscribing journey for its customers to enrol under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) schemes digitally, eliminating the need to visit a branch or Customer Service Point.
SBI Launches Digital Enrolment for PMJJBY and PMSBY Schemes: Key Features
1. Digital Enrolment Process:
- Customers can enrol under PMJJBY and PMSBY schemes digitally.
- The process involves entering the account number, date of birth on Jan Suraksha portal, and selecting the bank.
2. Instant Certificate of Insurance:
- Upon payment of the premium, customers receive the Certificate of Insurance instantly.
3. Accessibility and Convenience:
- Eliminates the need for physical visits to the branch or Customer Service Point.
4. PMJJBY and PMSBY Schemes Overview:
- PMJJBY provides one-year term life insurance cover, renewable annually, for death due to any cause.
- PMSBY offers accident insurance cover for accidental death and disability resulting from an accident.