Pradhan Mantri Suraksha Bima Yojana: Invest as little as Re 1 to get Rs 2 lakh, here’s how
Zee News
PMSBY has a low annual premium of Rs 12 which is paid at the end of May.
New Delhi: The central government runs a number of programmes that are designed to benefit the general public. One such efficient scheme is the Pradhan Mantri Suraksha Bima Yojana, which allows you to receive accidental insurance worth Rs 2 lakh by investing just one rupee per month or Rs 12 per year. This plan offers life insurance at a very low cost. Let's get to the bottom of it.
Premium in the month of May
It's worth remembering that the Central Government launched the Pradhan Mantri Suraksha Bima Yojana at a relatively cheap premium a few years ago. PMSBY has a low annual premium of Rs 12. It has a premium that is paid at the end of May. The most crucial part is that on May 31st, this sum will be taken automatically from your bank account. So, if you've taken PMSBY, keep in mind that your bank account should not be empty.
