In order to achieve saturation under Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY), an intensive three months saturation campaign is being rolled out from 01.04.2023 to 30.06.2023 by the Department of Financial Services (DFS), Ministry of Finance. 

Camps are going to be organised at the Gram Panchayat level across all districts in the country by the banks with active participation of the State administration and other Ministries of Government of India to ensure that benefits of the two Jan Suraksha schemes PMJJBY and PMSBY reach the masses.

Chief Secretaries of States/ UTs, Chairman/ MD and CEOs of Public Sector Banks (PSBs) have been advised to extend full support during the campaign. Lead District Managers (LDMs) will lead the campaign in consultation with State/ UT Level Bankers Committees of the States/ UTs and District Magistrates/ Collectors of the Districts. Line Ministries of Government of India have been advised to utilise their field functionaries for identification and mobilisation of the Scheme beneficiaries for enrolment.

All Nodal Officers from DFS have been instructed to participate in the special SLBC/ UTLBC meetings and to undertake field visits for monitoring the Gram Panchayat level saturation campaign.

ABOUT THE SCHEMES

The two social security schemes of Government of India; Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) are aimed at providing life and accidental insurance cover to the citizens, especially the marginal sections of the society.  PMJJBY provides insurance cover of Rs.2 lakh in the event of death due to any reason whereas PMSBY provides accidental insurance cover of Rs.2 lakh for death or full permanent disability and Rs.1 lakh in case of partial permanent disability.  The two schemes provide the much needed financial support to the subscribers and/or their families in such eventualities.

 

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PPG/KMN

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