Pradhan Mantri Suraksha Bima Yojana
Affordable Accident Insurance Protection
The Pradhan Mantri Suraksha Bima Yojana (PMSBY) is a Government of India-backed personal accident insurance scheme that provides cover against accidental death and specified accidental disabilities. The scheme provides one-year cover and is renewable annually.
Eligible customers can get information and assistance regarding PMSBY enrolment through participating banks, Post Offices and authorised banking channels/CSPs, subject to the applicable process and eligibility requirements.
Who Can Join PMSBY?
According to the current official scheme information, eligible subscribers include individual account holders of participating banks/Post Offices aged 18 to 70 years, subject to the scheme’s conditions. An individual with multiple eligible accounts can subscribe through only one account.
Eligibility Highlights
- Age: 18–70 years
- Eligible bank/Post Office account
- Consent for enrolment
- Premium through auto-debit
- Subject to applicable PMSBY terms and conditions
PMSBY Through CSP
Get Assistance From an Authorised CSP
A Customer Service Point (CSP) may provide assistance with eligible banking and insurance-related services when authorised by the concerned bank/service provider.
For PMSBY, customers can receive information about:
- Scheme eligibility
- Enrolment process
- Required information/documents
- Auto-debit consent
- Renewal
- Claim-related process
Actual enrolment and servicing are subject to the participating bank/Post Office and insurer’s applicable procedures.
FAQs
What is Pradhan Mantri Suraksha Bima Yojana?
PMSBY is a one-year renewable personal accident insurance scheme providing benefits for accidental death and specified accidental disabilities.
What is the PMSBY premium?
The current premium is ₹20 per member per year.
What is the age limit for PMSBY?
Eligible individual bank/Post Office account holders between 18 and 70 years can join, subject to the applicable scheme conditions.
How much insurance cover is available?
The benefit can be ₹2 lakh for accidental death and specified total permanent disability, and ₹1 lakh for specified partial permanent disability.
How is the PMSBY premium paid?
The premium is deducted from the subscriber’s eligible bank/Post Office account through auto-debit, after consent.
Can PMSBY be renewed?
Yes. PMSBY is a one-year cover that can be renewed annually, subject to the applicable conditions.