Pradhan Mantri Suraksha Bima Yojana (PMSBY) is a low-cost accident insurance scheme offering cover for accidental death and disability at a very small annual premium.
Apply and check status free on the official Government of India portal.
Benefits
- Accidental death / full disability cover of ₹2 lakh
- Partial disability cover of ₹1 lakh
- Premium of just ₹20 per year, auto-debited from the bank account
Eligibility
- Indian citizen aged 18–70 years with a savings bank account
- Aadhaar linked to the bank account
Documents required
- Aadhaar
- Savings bank account
- Consent for auto-debit of premium
How to apply
- Enrol through your bank’s net banking or branch.
- Give consent for the ₹20 annual auto-debit.
- Coverage renews yearly automatically.
Helpline
1800-180-1111
FAQs
What is the premium for PMSBY?
Just ₹20 per year, auto-debited from your bank account.
What does PMSBY cover?
₹2 lakh for accidental death or full disability and ₹1 lakh for partial disability.