PMJJBY Overview
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is a government-backed life insurance scheme in India 2025, offering ₹2 lakh cover for an annual premium of ₹436, renewable yearly. Facilitated by LoanPao through 500+ trusted partners, it provides financial security for your family in case of the policyholder’s demise. Ideal for individuals aged 18–50, with coverage up to age 55. Enrollment is quick, with auto-debit from your savings account. For other financial solutions, explore our Personal Loan or Motor Insurance.
Enroll below or contact us at +91-971-769-5334 for assistance.
Benefits of PMJJBY
Affordable Premium
₹436/year for ₹2 lakh cover.
Quick Enrollment
Activate within 1–2 days.
Financial Security
₹2 lakh payout to nominee.
Trusted Partners
500+ banks and insurers.
Minimal Documentation
Only Aadhaar and bank details needed.
Auto-Debit Facility
Seamless premium payments.
Eligibility Criteria
| Criteria | Details |
|---|---|
| Age | 18–50 years (cover up to 55) |
| Bank Account | Savings account with auto-debit facility |
| Nationality | Indian resident |
| Income | No minimum income required |
| Health | Self-declaration of good health |
Contact info@loanpao.in for eligibility queries.
Documents Required
- Aadhaar Card
- Bank Account Details (passbook or statement)
- PMJJBY Consent Form for Auto-Debit
- Passport-size Photograph (optional)
Note: No income proof is required for PMJJBY enrollment.
How to Enroll in PMJJBY
Join PMJJBY with LoanPao in 3 simple steps:
- Fill the form below with your details.
- Submit Aadhaar and bank details to our partner banks.
- Activate coverage within 1–2 days post-verification.
Enroll now or call +91-971-769-5334 for support.
Compare PMJJBY with Other Insurance Schemes
| Scheme | Cover Amount | Premium (p.a.) | Eligibility Age | Renewal |
|---|---|---|---|---|
| PMJJBY | ₹2 lakh | ₹436 | 18–50 | Yearly |
| PMSBY | ₹2 lakh (accident) | ₹22 | 18–70 | Yearly |
| Private Term Insurance | ₹10 lakh–₹1 crore | ₹5,000–₹50,000 | 18–60 | Yearly/Fixed Term |
Note: Details are indicative as of July 2025. Contact LoanPao for updated information.
Key Features of PMJJBY
- Life Cover: ₹2 lakh payout to nominee on policyholder’s demise.
- Low Premium: ₹436/year, auto-debited from savings account.
- Flexible Enrollment: Available through banks and insurers.
- Annual Renewal: Renewable up to age 55.
- Government-Backed: Administered by LIC and other insurers.
Why Choose LoanPao for PMJJBY?
Wide Partner Network
Access 500+ banks and insurers.
Fast Enrollment
Coverage activated in 1–2 days.
24/7 Support
Contact us at +91-971-769-5334.
Tips for Enrolling in PMJJBY
- Ensure your savings account is active for auto-debit.
- Verify Aadhaar linkage with your bank account.
- Enroll before May 31 each year for uninterrupted coverage.
- Contact LoanPao for assistance with trusted partners.
- Review terms to understand coverage exclusions (e.g., suicide).