PM Suraksha Bima Yojana

अंतिम अपडेट: 03/07/2026

प्रधानमंत्री सुरक्षा बीमा योजना

Benefit₹2 lakh cover, ₹20/year

Who is eligibleBank account holders aged 18–70

Ministry / Dept.Dept. of Financial Services

Last dateAnnual (before 1 June)

What is the scheme?

PMSBY gives accident insurance at a tiny premium — ₹2 lakh cover for just ₹20 a year.

Key Benefits

₹2 lakh on accidental death/full disability
₹1 lakh on partial disability
₹20/year premium, auto-debited

Eligibility (Who can apply?)

Age 18–70
Savings account
Aadhaar-linked

Documents Required

Aadhaar
Bank account
Consent form

How to Apply

Enable via bank/net banking
Give auto-debit consent
Renew yearly

Apply on the official portal →

Frequently Asked Questions

Just ₹20?Yes.

Illness covered?No, accident only.

How?Via bank/net banking.

Stay alert — avoid fraud: Genuine government schemes are always free or officially subsidised. Never pay an agent, never download APKs from unknown links, and never share your bank/OTP details. Apply only through official .gov.in portals.