Pradhan Mantri Suraksha Bima Yojana (PMSBY ) is a social security scheme that offers one-year accidental death and disability cover, that can be renewed yearly. PMSBY is one of the three social security schemes that was announced in the Government in the 2015 budget. The other two being Atal Pension Yojana (APY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY). Who Is Eligible For PMSBY ? All individual bank account holders, whether single or joint account status, in the age group 18-70 ... PMSBY is a government-backed accident insurance scheme in India for people between 18 and 70 years with bank accounts. It has an annual premium of ₹20 and covers death or disability due to accidents. The Pradhan Mantri Suraksha Bima Yojana (PMSBY) is a government-backed accident insurance scheme that offers annual coverage of ₹2 lakh for accidental death or total disability, and ₹1 lakh for partial disability, at an affordable premium of just ₹20 per year. Pradhan Mantri Suraksha Bima Yojana ( PMSBY ) Apply Now Benefits Features Eligibility
