📌 Overview: PMSBY – Protecting Lives at Just ₹20/Year
The Pradhan Mantri Suraksha Bima Yojana 2025 (PMSBY) is a government-backed accident insurance scheme designed to provide financial protection to citizens against accidental death or disability.
Launched in 2015, PMSBY continues in 2025 with the same mission — ensuring that every Indian, regardless of income, has access to basic accident insurance at an ultra-low cost of ₹20/year.
This scheme is ideal for workers, farmers, daily wage earners, and self-employed individuals who may not have any other insurance coverage.
✅ Objectives of Pradhan Mantri Suraksha Bima Yojana 2025
The main aims of the scheme are to:
- Provide financial aid to families in case of accidental death or disability
- Offer affordable accident insurance to all citizens
- Encourage financial security and awareness about insurance in rural and urban India
- Integrate bank accounts with social security coverage through auto-debit facility
👥 Who Can Apply for Pradhan Mantri Suraksha Bima Yojana 2025?
PMSBY is open to all Indian citizens within the prescribed age group.
Eligibility Highlights:
| Criteria | Details |
|---|---|
| Age Limit | 18 to 70 years |
| Bank Account | Must have a savings account |
| Premium Payment | ₹20/year via auto-debit from bank account |
| Aadhaar Linking | Aadhaar card recommended for claim settlement |
| Coverage Validity | 1 year (renewable annually) |
💰 Insurance Coverage & Premium
PMSBY offers high coverage at a minimal cost.
| Benefit Type | Coverage Amount |
|---|---|
| Accidental Death | ₹2,00,000 |
| Permanent Total Disability | ₹2,00,000 |
| Permanent Partial Disability | ₹1,00,000 |
| Annual Premium | ₹20 (inclusive of GST) |
📚 How to Apply for Pradhan Mantri Suraksha Bima Yojana 2025
You can enrol through:
- Bank Branches (public or private sector)
- Net Banking / Mobile Banking portals
- Common Service Centers (CSC)
Application Steps:
- Visit your bank branch or apply online via internet banking
- Fill the PMSBY application form (available in multiple languages)
- Provide Aadhaar and bank account details
- Authorize auto-debit of ₹20/year
- Receive confirmation from the bank
📝 Claim Process for Pradhan Mantri Suraksha Bima Yojana 2025
In case of an accident, the claim process is simple:
- Notify the Bank within 30 days of the incident
- Submit the Claim Form with:
- Death/Disability certificate
- FIR or Accident Report (if applicable)
- Aadhaar and bank details of nominee
- The bank verifies and forwards the claim to the insurance company
- Claim amount credited directly to the nominee’s account
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📞 Contact & Support
For more details, you can reach out to:
- Your bank branch customer service desk
- District Lead Bank Office
- Insurance company partnered with PMSBY (varies by bank)
- Visit the official Jan Suraksha Portal
❓ Frequently Asked Questions (FAQs)
Q1. Is PMSBY only for government employees?
No. PMSBY is open to all citizens with a bank account and aged 18–70 years.
Q2. Can I have PMSBY in more than one bank account?
No. Coverage is limited to one account per person.
Q3. When does the coverage start?
Coverage starts from 1st June of the year till 31st May next year.
Q4. Do I need a medical checkup?
No medical examination is required.
Q5. Can I continue PMSBY after turning 70?
No. The coverage ends once you turn 70 years of age.
🌟 Why PMSBY is Important in 2025
For just ₹20/year, PMSBY provides ₹2 lakh coverage, making it one of the most affordable insurance schemes in the world.
It is especially beneficial for low-income families who cannot afford expensive insurance but still need financial security in case of accidents.
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