Do this work before May 31, otherwise, you will not get the benefit of this government scheme,

Do this work before May 31, otherwise, you will not get the benefit of this government scheme, 
New Delhi: You need to deposit Rs 342 in your bank account by May 31. 

If you do not have this amount in your account, you may incur a huge loss. This news is very important for the beneficiaries of Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana if we know what is the matter .....

Then your insurance will be canceled

People get insurance under Pradhan Mantri Jeevan Jyoti Vima Yojana (PMJJBY) and Pradhan Mantri Suraksha Vima Yojana (PMSBY) of the Central Government.
However, if you do not have Rs 342 as part of the installment in your bank account by May 31, your insurance will be canceled.

The significance of both these schemes

Beneficiaries of both these schemes of the Central Government get a total insurance of Rs. 4 lakhs.
Under the Pradhan Mantri Suraksha Vima Yojana, if a person dies in an accident or becomes disabled, he gets Rs 2 lakh.

If the insurer dies under Pradhan Mantri Jeevan Jyoti Vima Yojana, his nominee gets a cover of Rs 2 lakh.

It may be mentioned that Pradhan Mantri Jeevan Jyoti Vima Yojana is renewed every year.

Your insurance will be canceled as the account balance is not maintained. So even if the bank account is closed, your insurance will be canceled.

It may be mentioned that only one bank account is linked to this scheme.

Two lakh death insurance by investing only Rs

With the health of the common man in mind, the Modi government has introduced insurance. Usually people are afraid to take insurance because it is an expensive deal for which poor people cannot raise money. 

With this in mind, the Prime Minister's Security Insurance Scheme was launched. Which gives death insurance of Rs 2 lakh by giving only one rupee a month. One has to spend only one rupee per month to avail of the benefits of this scheme. That is, by spending only 12 rupees a year, you get Rs. 2 lakh insurance.

PMSBY can be taken this way

You can fill up the Pradhan Mantri Suraksha Vima Yojana (PMSBY) form online or visit the bank. You can take this insurance through any bank. In the public sector, private banks have also provided complete information related to their websites. 

The applicant must have a bank account to avail of this scheme. Thus money is withdrawn directly from the bank account. In addition, the form attached to the scheme can be downloaded from www.jansuraksha.gov.in and deposited in the bank.

People do not have money in their hands amid the Koro epidemic. Struggling with a lack of money, some even fear losing their jobs. Employees in many companies have also had their salaries cut. Even in such a situation, people's bank accounts have become empty. However, if you have Rs 342 in your bank account, you can get protection up to Rs 4 lakh after May 31. These are annual accident safety plans. In which people who have a bank account get the benefit of this scheme. The benefit of this security plan is automatically canceled if the account is closed or there is not enough amount.

Insurance cover up to a total of Rs. 4 lakhs in both the schemes
In fact, the Modi government launched two cheap premium security schemes during its first term. Pradhan Mantri Jeevan Jyoti Vima Yojana (PMJJBY) and Pradhan Mantri Suraksha Vima Yojana are PMSBY. There is a life insurance plan, while PMSBY is an accident insurance plan. If we talk about these two plans, the premium of Rs 330 has to be paid annually in the life insurance plan while the premium of Rs 12 has to be paid annually in the accident plan. Both the schemes will have a total insurance cover of up to Rs 4 lakh. This means that if you want to take advantage of both these plans, you will have to pay an annual premium of Rs 342.

The premium will be deducted by May 31
Pradhan Mantri Jeevan Jyoti Vima Yojana and Pradhan Mantri Suraksha Vima Yojana are running from June 1 to May 31. Its premium is deducted annually in the month of May. This means that if you are involved with the plan, your premium will be deducted by May 31. After this you will get a security cover of Rs 4 lakh for 12 months. This is a term insurance policy. Which only covers death. You need to have a bank account to avail these schemes. Insurance can be canceled if the bank account is closed or there is insufficient balance in the account at the time of premium deduction. After which you have to rejoin the scheme. You can find out about both the schemes on the Central Government's Public Security Portal.

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Insurance can take from 18 to 70 years

To avail Pradhan Mantri Suraksha Vima Yojana, the applicant must have a bank account. Also, he must be 18 years of age. 

At the same time, this maximum insurance can be given for 70 years. That is, if you take this insurance from 18 years, you will have to pay only Rs 624 till you reach 70 years. You will get a benefit of Rs 2 lakh.