PMJDY Life Cover: Eligibility, Claim Process, Benefits
Jan Dhan Yojana Life Cover
Pradhanmantri Jan Dhan Yojana (PMJDY) was launched on 28th August 2014 to provide a basic bank account in every household. And this scheme has been enlisted in Guiness book of world record for opening highest number of accounts in a short span of time. Life insurance is amongst one of the many benefits offered under this scheme. The main objective of giving life insurance was to provide financial security to the deceased’s dependent who otherwise cannot afford insurance. Here are the details:
- Claim amount: Rs. 30,000
- Who will process the claim: Life insurance corporation of India
- Who will get the claim amount: Nominee of the bank account holder whose name was mentioned while opening the bank account. Check out documents required to open Jan Dhan Account
Eligibility
- Individuals who have opened account between 15th August 2014 to 26th January 2015 are only eligible for life insurance
- One person per family will get life cover of Rs. 30,000 under PMJDY
- This life insurance is only for those who have opened account for the first time
- He/she should be the earning member of the family and within the age group 18-59 years
- Individual must have a valid RuPay card. Check out benefits of RuPay card
- Life cover is valid until 2019-2020. After that government will review and make changes to the terms and conditions.
- Cover won’t be provided if deceased person reaches the age of 60 years before the death
How to claim for life cover under Jan Dhan Yojana
- Nominee of the deceased/legal heirs will have to fill the form and then submit all the documents to the district or nodal branch of the bank where account was opened.
- Pension and group scheme units of LIC will then process the claim upon receiving all the documents by the concerned bank.
Documents required along with the claim settlement form: Nominee will have to submit attested copies of following documents:
- Attested copy of the death certificate
- Aadhar card photocopy of deceased and claimant
How is the claim amount received
The amount of Rs.30,000 will be directly credited to the bank account of the nominee by the LIC.
Details required in the life insurance claim form
Life cover of Rs.30,000 under Pradhanmantri Jan Dhan Yojana will be paid by LIC. The claim form is very simple and here are the few details:
- Full name and residential address of the deceased
- Name and address of the bank (public/private) where the PMJDY account was opened
- PMJDY account number, RuPay card number, Aadhar card number
- Date and place of death, age at the time of death
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Dhruvi
Respected sir,
My uncle die in accident, so can we get help through jandhan Yojana .
And my uncle having account in PMJDY.
Imran khan
sir my mother was died 19/09/2016
aur mene unka 330 wala beema krava rakha tha
ab mai claim kaise kru
help me sir
AllOnMoney.Com
Dear Imran, please contact official toll free number of PMJDY 1800110001 or 18001801111. You would be asked to submit claim form. You can get claim form in Hindi or English from the official website of PMJDY. For your quick support, here is the direct link: http://pmjdy.gov.in/files/Forms/claim/hindi.pdf.
Hope this helps.
Prafya
Hi..my name is Pragya. My dad expired due to cancer last April….he had an account under this scheme…can we get the life insurance amount, as he was 59 years but they did not received rupee card..it would be a great help as we are not financially strong. Please do rply.
bhavin
Dear sir
Mere papa ko accidant huva he to es yojna ka labha mil sakta he
Pradeep
dear Sirs
my father has died by cancer decease. Is there any benefit to us
D.nagakumari
Dear nagakumari, ye hi life insurance hai Rs.330/- After 60 years my health is good ok. Then refund the money back! sir pls give the response.
AllOnMoney.Com
Dear Nagakumari, there would be no refund.
suneel kumar
Mujhe ejucation lon mil sakti hai sir ji
AllOnMoney.Com
Dear Suneel, ye life insurance hai. Loan ke liye aap koi bhi bank se sampark kare. Dhanyavaad.