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HDFC Life Pradhan Mantri Jeevan Jyoti Bima Yojana
HDFC Life Pradhan Mantri Jeevan Jyoti Bima Yojana
UIN: 101G107V02Ensure your family’s dreams continue
Financial security to family members
Renewable life insurance cover1
HDFC Bank account holders, click here or scan the QR for enrollment.
Features
A Non-Linked Non-Participating Group Term Insurance Plan
Participating Banks/Post office will be the Master Policyholder while Savings Bank/Post office account holders will be the members under the scheme
For all Savings Bank/Post office account holders whose age is between 18 to 50 years
Offers ₹ 2 Lakhs renewable life insurance cover for your family, in your absence
Life insurance worth Rs. 2 lacs at just Rs. 436 (Rs. 406 for voluntary enrolment through electronic mode) per annum.
The premium will be deducted from the account holder's Saving bank/Post office account through 'auto debit' facility.
Participating Banks/Post office will be the Master Policyholder while Savings Bank/Post office account holders will be the members under the scheme
For all Savings Bank/Post office account holders whose age is between 18 to 50 years
Offers ₹ 2 Lakhs renewable life insurance cover for your family, in your absence
Life insurance worth Rs. 2 lacs at just Rs. 436 (Rs. 406 for voluntary enrolment through electronic mode) per annum.
The premium will be deducted from the account holder's Saving bank/Post office account through 'auto debit' facility.
Benefits
Benefits Available Under the HDFC Life Pradhan Mantri Jeevan Jyoti Bima Yojana Plan
Know the benefits offered under this product
- Features
Features
![Heart-Icon]( "Heart-Icon")
Features
Features
-
One year renewable group life insurance cover to all eligible the Savings bank/Post office account holders of the bank who opt for the scheme
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The plan offers Death Cover of ₹ 2 Lakhs to the eligible members for a fixed premium of Rs. 436 (Rs. 406 for voluntary enrolment through electronic mode) per annum.
Eligibility
ELIGIBILITY CRITERIA
MINIMUM ENTRY AGE | 18 yrs (age last birthday) |
MINIMUM MATURITY AGE | 19 yrs (age last birthday) |
MAXIMUM ENTRY AGE | New Member | Renewals |
MAXIMUM MATURITY AGE | 55 years |
PREMIUM FREQUENCY | Annual1 |
SUM ASSURED | ₹ 2 Lakh |
First premium is payable depending upon date of joining the scheme as shown below:
Date of Joining the scheme | Premium^ |
1st June to 31st Aug | Rs. 436 |
1st Sep to 30th Nov | Rs. 342 |
1st Dec to 28th Feb (29th Feb if leap year) | Rs. 228 |
1st March to 31st May | Rs. 114 |
In case of voluntary enrolment by an accountholder through electronic means, first premium payable depending upon date of joining the scheme shall be as below:
Date of Joining the scheme | Premium^ |
1st June to 31st Aug | Rs. 406 |
1st Sep to 30th Nov | Rs. 319.5 |
1st Dec to 28th Feb (29th Feb if leap year) | Rs. 213 |
1st March to 31st May | Rs. 106.5 |
^ Premium is exclusive of Taxes and Other Levies (if applicable) The renewal premium payment shall be payable on Annual Frequency
- For enrolments after first quarter, the premium shall be pro-rated based upon date of joining the scheme as mentioned above.
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T&C*
- The product offers one year renewable life insurance cover to all eligible customers as per the rules of the PMJJBY scheme, as amended from time to time.
ARN: PP/09/22/28908
