Keep Rs.342 in Bank Account TillMay 31 2020.
In the Corona Crisis, people are struggling with lack of money .some have lost their jobs while others have had their salaries cut. even in this situation people's bank account are emply .however if the bank account has re.342 after may 31 you can get protection uop to rs. 4 lakh . however if the abk account has rs.342 after may 31 ,you can get protection up to rs.4 lakh.however let us know how security will be achieved.
in fact the modi government in its first term had run two schemes with cheap premiums. these schemes are pradhan mantri jeevan jyoti bima yojna and pradhan suraksha bima yojna . PMJJBY is a life insurance lan ,while PMSBY is an accident insurance plan.Speaking of these tw plans you have to pay an annual premium of rs. 330 and rs. 12 respectively.
At The same Time, there will e insurance cover up to a total of rs. 4 lakh . this means that ifyou want to take advantage of both these plans , the prminum will be only rs. 342 annum.
Let us infor,m you tahty both PMJJBY and PMSBY schemes run n 1st june 31st may basis. Its premium is deducted annually in the month of may. This means that f you are invovled wth the plan, by may 31 your premium will be deducted . after this you willl get cover of rs. 4 lakh for the enire 12 months.
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