PMSBY Scheme Details in Tamil, केवल 20 रुपये में निवेश करें और 2 लाख रुपये तक का बीमा प्राप्त करें, जानिये अप्लाई करने के लिए पूरी प्रक्रिया

PMSBY Scheme Details in Tamil and Benefits

PMSBY Scheme Details in Tamil, The PMSBY Scheme 2024 was introduced by the Indian government. The Pradhan Mantri Suraksha Bima Yojana was initiated by the Indian central government to offer health insurance coverage to all permanent residents of India. The PMSBY program is a one-year accidental insurance plan that is renewable annually and provides coverage for accidental death or disability. Every year on May 31st, all candidates who wish to receive the benefits of the program must renew it. The applicants didn’t have to worry about money because the PMSBY plan offered extremely low premiums, making purchasing health insurance unnecessary.

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PMSBY Scheme Details 2024

The Indian government introduced the Pradhan Mantri Suraksha Bima Yojana (PMSBY), an accident insurance program. The PM Rs. 12 Insurance Scheme is another name for it. Those in the lowest income bracket are the target audience for the social security program. This is due to the fact that this program does not have a higher premium than a number of other commercial health insurance plans.

The coverage provides insurance protection against both total and partial incapacity as well as death. The policy’s insurance premium of Rs. 12 (service tax excluded) would be taken out of the policyholder’s registered bank account. Individuals who are between the ages of 18 and 70 can take advantage of PMSBY by presenting their Aadhaar card as proof of identity (KYC).

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Key Highlights of the PMSBY Scheme

Name of the scheme	PMSBY Scheme
Launched by	Government of India
Objective	Health Insurance
Beneficiaries	Citizens of India
Official website	Jan Suraksha website

The objective of PMSBY Scheme

The PMSBY Scheme’s primary goal is to assist those with uncertain finances who cannot afford appropriate health insurance. Indian people who are struggling financially can obtain health insurance through this program for far less money than they would pay on the open market. The candidates only need to pay the INR 20 charge, which will be taken out of their savings account immediately. The Pradhan Mantri Suraksha Bima Yojana scheme has a one-year duration, and candidates must renew it annually. In order to get benefits from this program, the applicant needs to have an open savings account with any government-affiliated bank.

Features and Benefits of Pradhan Mantri Suraksha Bima Yojana:

The PMSBY offers individuals in the lowest income bracket the opportunity to protect themselves against unfavourable circumstances that may result in death or disability. These are the government scheme’s attributes and advantages.

Features of PMSBY	Benefits of PMSBY
For just Rs. 12, one can acquire an inexpensive policy.	Compared to other products, accident insurance coverage is inexpensive.
Should the nominee pass away, they receive money.	The well-being of the family in the event of death, since the nominee may get the claim amount.
Premium is automatically deducted from the bank account.	The auto-debit feature eliminates the need to worry about frequent payment formalities.
The choice between an annually renewable policy and a long-term policy.	Processing continuous cover is simple.
Simple methods of entry and exit.	The ability to change course or stop at any time.
Tax savings may result from it.	As per Section 10(10D) of the Income Tax Act, the deduction under Section 80C and the sum insured of Rs. 1 lakh are not subject to taxation.

Coverage of Pradhan Mantri Suraksha Bima Yojana:

This chart highlights the cover that the PMSBY is offering.

Event	Claim Amount (Rs.)
An accident leading to policyholder’s death	2 lakhs (given to nominee)
Permanent total disability	2 lakhs
Permanent partial disability	1 lakh

What’s Not Covered in Pradhan Mantri Suraksha Bima Yojana?

The PMSBY is an insurance policy that covers accidents and disabilities, as indicated in the section above. It provides policyholder coverage in the event of disability and death. There are limitations, though, based on the type of disability and the cause of death. Suicide-related deaths are not covered. Unless otherwise stated, non-permanent disabilities (partial disability without irreversible loss) are not covered.

What are the Eligibility Criteria for Pradhan Mantri Suraksha Bima Yojana?

To take use of the PMSBY’s benefits, you must fulfil a few prerequisites. This is a list of those qualifying conditions.

To participate in the plan, you must be at least eighteen years old.
The oldest PMSBY member eligible for this program is 70 years old.
Potential policyholders who express interest must currently have an open savings account.
The applicant’s Aadhaar card and savings bank account ought to be linked.
A copy of the card must be supplied with the application if the Aadhaar information is unrelated to the specified bank account.
The premium of Rs. 12 has been paid.

Required Documents

Aadhar Card
Email ID
Mobile Number
Electricity bill
PAN Card
Passport Size Photo
Birth certificate
Death certificate

Banks Participating in PMSBY:

The banks that are a part of the PMSBY are listed below.

Allahabad Bank
Axis Bank
Bank of India
Bank of Maharashtra
Bharatiya Mahila Bank
Canara Bank
Central Bank
Corporation Bank
Dena Bank
Federal Bank
HDFC Bank
ICICI Bank
IDBI Bank
IndusInd Bank
Kerala Gramin Bank
Kotak Bank
Oriental Bank of Commerce
Punjab and Sind Bank
Punjab National Bank
South Indian Bank
State Bank of Hyderabad
State Bank of India
State Bank of Travancore
Syndicate Bank
UCO Bank
Union Bank of India
United Bank of India
Vijaya Bank

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Pradhan Mantri Suraksha Bima Yojana Online Registration:

Step 1: People can visit any of the participating banks or health insurance firms to enlist in the Pradhan Mantri Suraksha Bima Yojana (PMSBY).
Step 2: A lot of well-known banks make it easier for customers to get the policy by using their online banking services.
Step 3: After finishing the enrolment process and entering into their online banking accounts, subscribers can access the program.
Step 4: As an alternative, users can text the toll-free numbers supplied by banks and insurance providers using the registered cellphone number they have on file.
Through this approach, people can more easily obtain insurance coverage for their financial stability and well-being by having easier access to the PMSBY.

PMSBY Scheme Claim Process

STEP 1: The applicant may visit the bank branch where the policy was acquired or the official Jan Suraksha website in order to make a claim under the PMSBY Scheme.

STEP 2: The applicant must obtain the claim application form from the relevant official by going to the official website or the bank office.
Step 3: After obtaining the claim application form, the applicant needs to complete all requested fields and affix the necessary paperwork.
Step 4: The insurance company will investigate the claim and pay out the insurance amount after the applicant submits their application.
STEP 5: In order to obtain the insurance amount, the applicant must timely and accurately submit the application form with the necessary information.

Renewal Process

Step 1: the applicant can visit a legit internet site to renew the pradhan mantri suraksha bima yojana.
Step 2: the applicant can pick the option to renew after they have reached the home page.
Step 3: a new page will open in your computer pc. the candidate desires to fill it out absolutely and fasten any required office work.
Step 4: the applicant ought to at once check their facts after coming into all of them and pick the “put up” choice to finish the manner.

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Conclusion

The Indian government offers a significant accident insurance program called the Pradhan Mantri Suraksha Bima Yojana. With a yearly fee of just Rs. 12, insurance is affordable for those from economically disadvantaged groups. Up to Rs. 2 lakhs and Rs. 1 lakh, respectively, accidental death, permanent disability, and partial disability are covered under the policy. The PMSBY has helped millions of people, offering much-needed financial assurance against mishaps, despite certain limitations. All things considered, it is a praiseworthy endeavour for the inclusion and welfare of all Indian citizens.