PMJBY / PMSBY

Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) are government-backed social security schemes aimed at providing affordable insurance coverage to all eligible account holders of Vaishya Sahakari Bank Ltd.

Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJBY)

► Eligibility: Savings account holders aged 18 to 50 years

► Premium: ₹436 per year

► Coverage: Life insurance cover of ₹2,00,000 in case of death (any reason)

► Renewal: Annual auto-debit facility from the customer’s account

► Benefits: Low premium, easy enrollment, secure financial protection for the family

Pradhan Mantri Suraksha Bima Yojana (PMSBY)

► Eligibility: Savings account holders aged 18 to 70 years

► Premium: ₹20 per year

► Coverage:

• ₹2,00,000 – Accidental death or full disability
• ₹1,00,000 – Partial disability

► Renewal: Annual auto-debit from the customer’s bank account

► Benefits: Affordable accident insurance plan ensuring safety and support in emergencies

Why Enroll Through Vaishya Sahakari Bank Ltd?

• Simple and hassle-free registration
• Auto-debit facility for timely premium payment
• Quick assistance in claim processing
• Dedicated customer support