SBI, the largest public sector bank in India, offers a self-subscribing route for enrolling in the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY). This allows customers to enroll conveniently without visiting a branch or Customer Service Point.
PMJJBY provides a death coverage of Rs 2,00,000 in case of the insured person's sudden demise, with no maturity or surrender benefits. PMSBY offers accidental death and disability cover for one year, renewable annually.
SBI stated that digital enrollment aligns with the national objective of extending insurance coverage to all eligible citizens, ensuring financial security for individuals.
Customers can enroll in the schemes conveniently through the self-subscribing route, eliminating the need to visit a branch or Customer Service Point. SBI customers simply need to enter their account number and date of birth on the Jan Suraksha portal, with the option to select the State Bank of India as their preferred bank.
Upon completion of these steps, the Certificate of Insurance is instantly generated upon payment of the premium.
"The customer needs to key in the account number and date of birth on the Jan Suraksha portal and select the Bank. The Certificate of Insurance is generated instantly upon payment of premium," stated SBI.
Dinesh Kumar Khara, Chairman of SBI, emphasized, "This facility will boost the Indian Government’s initiative to provide coverage to all eligible citizens under PMJJBY & PMSBY schemes."
Additionally, the bank noted that customers visiting Customer Service Points (CSPs) only require their Aadhaar cards to enroll in schemes such as Pradhan Mantri Jeevan Jyoti Bima Yojana, Pradhan Mantri Suraksha Bima Yojana, and Atal Pension Yojana.
.jpg)