PMJJBY (Pradhan Mantri Jeevan Jyoti Bima Yojana) premium for the year 2016-17 has been kept unchanged. The interested candidates will have to pay same amount as the premium for the financial year 2016-17.
Details of PM Jeevan Jyoti Bima Yojana Premium 2016-17
Total Premium: Rs. 330/- per annum per member
Appropriation of Premium:
- Insurance Premium to LIC / insurance company : Rs.289/- per annum per member
- Reimbursement of Expenses to BC/Micro/Corporate/Agent : Rs.30/- per annum per member
- Reimbursement of Administrative expenses to participating Bank: Rs.11/- per annum per member
The period of the insurance would be same as before, i.e. 1st June to 31st May.
The government has also extended the enrollment into PMJJBY without self certification of good health up to 31st May 2016.
READ MORE: Complete details of Pradhan Mantri Jeevan Jyoti Bima Yojana.
As on 6 April 2016, about 30 Million people have subscribed for Pradhan Mantri Jeevan Jyoti Bima Yojana as per the stats below:
Total Subscribers: 29,558,858 as on 6 April 2016
Number of Subscribers in Rural India
Male: 9,140,774
Female: 5,656,190
Number of Subscribers in Urban India
Male: 9,424,453
Female: 5,337,441
Stats source: Official website of Jan Suraksha Yojana
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