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Do you deduct 330 rupees from your savings account in the month of May? Know what is the reason

Under the Prime Minister Jeevan Jyoti Bima Yojana (Pradhan Mantri Jeevan Jyoti Bima Yojana), a deduction of Rs 330 is made from your savings account.


New Delhi: If you also have an account with the bank, do you deduct 330 rupees from your account in the month of May … If this is the case then today we tell you why this money is deducted from your account. Actually, if you have registered yourself under Pradhan Mantri Jeevan Jyvan Jyoti Bima Yojana (Pradhan Mantri Jeevan Jyoti Bima Yojana), then you have to pay this money. The renewal date of PMJJBY is on 1 June every year and this amount gets credited from the bank account in the month of May.

Let me tell you that if you have more than one bank account, then you can join this scheme only through one bank account, but if money has been credited from more than one account, then you will have to contact the bank about it. .

>> To join it, it is necessary to have a bank account, and it can be linked to only one bank account, no matter how many accounts you have.

>> Under this scheme, 2 lakh rupees will be given by the government to the family of the policy holder. Will get benefit without medical examination

Let us tell you that the special thing of this policy is that no medical examination is required to buy insurance in PMJJBY. The PMJJBY can be renewed from year to year under the scheme to the family of the policy holder after the death of the policy holder under this scheme. A member of this scheme has to pay a premium of Rs 330 annually. Life insurance of 2 lakh rupees will be provided.

>> Insurance premium to LIC / Insurance company – Rs 289 / –

>> Reimbursement of expenditure for BC / Micro / Corporate / Agent – Rs 30 / –

>> Reimbursement of administrative fees of the bank – Rs 11 / –

>> Total Premium – Only Rs 330 / –

Jeevan Jyoti Insurance Scheme Documents

  • Applicant’s Aadhar Card Identity Card
  • Bank Account Passbook
  • Mobile Number
  • Passport Size Photo
Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ praveshmaurya24@gmail.com
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