PMJJBY 2026: Rs 2 Lakh Life Cover for Rs 436, Claim Process
📌Quick Facts & Summary
Key Benefit
Rs 2 lakh to the nominee on death due to any cause.
Who Can Apply
Bank or post office account holders aged 18 to 50.
Status / Deadline
Proposal to raise cover to Rs 5 lakh was reported in May 2026 but not approved as of 15 Oct 2026.
Official Portal
Helpline
1800-180-1111 / 1800-110-001
Last Verified
15 October 2026
🔗 Important Action Links (Official Portals):
What is the Scheme?
One-year renewable life cover of Rs 2 lakh for Rs 436 a year, auto-debited from your bank account.
Also known as: Rs 436 insurance, jeevan jyoti bima
Who is it for?
Bank or post office account holders aged 18 to 50.
Benefits and Financial Assistance
| # | Key Benefit / Entitlement Details | Category / Mode |
|---|---|---|
| 1 | Rs 2 lakh to the nominee on death due to any cause. | Primary Benefit (DBT/Subsidy) |
| 2 | Premium Rs 436 a year (cover year 1 June to 31 May). | Direct Support |
| 3 | Cover can continue up to age 55 if you joined before 50. | Direct Support |
Eligibility Criteria
Applicants must meet the following eligibility conditions:
- Age 18 to 50, with a savings account and consent for auto-debit.
- 30-day lien period for new joiners (except accidental death).
Documents Needed
Keep the following documents ready before submitting your application:
- ✓ Savings account
- ✓ Aadhaar
- ✓ Nominee details
How to Apply Online (Step-by-Step)
- Enrol via net banking / mobile app or on jansuraksha.gov.in.
How to Apply Offline
- Fill the PMJJBY form at your bank or post office.
How to Check Application / Payment Status
- Ask the bank or check the certificate on jansuraksha.gov.in.
Official Website and Helpline Numbers
| Official Portal | https://jansuraksha.gov.in ↗ |
|---|---|
| Helpline / Contact | 1800-180-1111 / 1800-110-001 |
| Nodal Ministry | Department of Financial Services, Ministry of Finance |
Important Dates & Milestones
Renewal each year on 1 June. Checked 15 Oct 2026.
Frequently Asked Questions (FAQs)
❓ Does it cover natural death?
Yes, any cause.
❓ Is there a medical test?
No, a self-declaration of good health.
❓ How does the nominee claim?
Submit the claim form and death certificate at the bank within 30 days, ideally.
❓ Can I join mid-year?
Yes; premium is pro-rated by quarter as per rules.
Sources & Official References
All facts on this page were verified on 15 October 2026 from the following official government sources:
Fact-Check Verification: This scheme entry was reviewed and fact-checked by Abhishek (govtschemes.net) using official PIB releases, ministry guidelines, and gazette records.
If you notice any outdated rule or change, please report a correction.
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Other central government schemes in the same sector and target audience:
Notice: govtschemes.net is not a government website. We are an independent information site. Always confirm eligibility and apply only on official government portals.