InsuranceCentral Government| Ministry of Finance
Pradhan Mantri Suraksha Bima Yojana (PMSBY)
Key Benefit
Rs 2 lakh accident cover for Rs 20 annual premium
Up to Rs 2,00,000
About This Scheme
A one-year, annually renewable accident insurance scheme available to anyone with a bank account aged 18–70. A single low annual premium covers accidental death and permanent total disability up to Rs 2 lakh, and partial disability up to Rs 1 lakh.
Eligibility Criteria
| Age | 18 to 70 years |
Official Links
Last verified: 27 May 2026
Source: Official reference
Disclaimer: This information is sourced from official government websites and is provided for reference only. Eligibility criteria and benefits may change. Always verify details on the official website before applying.
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