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How to Apply
To apply for Pradhan Mantri Suraksha Bima Yojana, you need to fill up the required application form and submit it to the bank where you are holding a savings bank account.
The applicant must have an operational savings bank account in the bank which he applies for it.
The forms are available from the official website of the Pradhan Mantri Suraksha Bima Yojana at http://www.jansuraksha.gov.in/FORMS.aspx.
Forms are available in all regional languages.
Many banks have allowed application for the Pradhan Mantri Suraksha Bima Yojana from net banking and SMS facility as well.
While applying, a service tax 14 per cent over the premium amount is applicable. Even if you apply for these schemes from two different banks, claims would be paid against the plan in one account only.
The nominee for these schemes will be the nominee of your bank account.
Subscribers who wish to continue beyond the first year can give a consent form anytime before each May 31 2016, for renewal via auto debit.
New eligible entrants in future years can also join.
These plans stress upon the fact that insurance cannot be looked upon as an investment avenue, but to provide financial security to one's family in case of an eventuality.
Source: Rediff
To apply for Pradhan Mantri Suraksha Bima Yojana, you need to fill up the required application form and submit it to the bank where you are holding a savings bank account.
The applicant must have an operational savings bank account in the bank which he applies for it.
The forms are available from the official website of the Pradhan Mantri Suraksha Bima Yojana at http://www.jansuraksha.gov.in/FORMS.aspx.
Forms are available in all regional languages.
Many banks have allowed application for the Pradhan Mantri Suraksha Bima Yojana from net banking and SMS facility as well.
While applying, a service tax 14 per cent over the premium amount is applicable. Even if you apply for these schemes from two different banks, claims would be paid against the plan in one account only.
The nominee for these schemes will be the nominee of your bank account.
Subscribers who wish to continue beyond the first year can give a consent form anytime before each May 31 2016, for renewal via auto debit.
New eligible entrants in future years can also join.
These plans stress upon the fact that insurance cannot be looked upon as an investment avenue, but to provide financial security to one's family in case of an eventuality.
Source: Rediff
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