Apply for PMSBY Scheme 2025 and get Accident Insurance benefits. Check eligibility, coverage amount, premium, and download official PDF easily.
PMSBY Scheme Overview 2025
| Feature | Details |
| Scheme Name | Pradhan Mantri Suraksha Bima Yojana (PMSBY) |
| Type of Insurance | Accident Insurance |
| Eligibility | Individuals aged 18–70 years with a savings bank account |
| Annual Premium | ₹20 per year (auto-debit from bank account) |
| Coverage Amount | – Accidental Death / Total Permanent Disability: ₹2 lakh – Partial Permanent Disability: ₹1 lakh |
| Coverage Period | 1st June to 31st May (renewable annually) |
| Enrollment Mode | Online via net banking / Offline at bank branch |
| Nominee Requirement | Yes, must provide nominee details at the time of enrollment |
| Termination of Cover | On attaining 70 years of age, closure of bank account, or insufficient balance |
| Official PDF | PMSBY Scheme Details PDF |
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Table of Contents
PMSBY Scheme Details
The Pradhan Mantri Suraksha Bima Yojana (PMSBY Scheme) is a government-backed accident insurance plan for bank account holders. It provides coverage for accidental death and permanent disability at a very low annual premium. This scheme is simple, affordable, and ensures financial protection for families in case of unforeseen accidents.
Key Features of PMSBY Scheme:
- Eligibility: Individuals aged 18–70 years with a savings bank account in a participating bank.
- Premium: Rs. 20 per year, automatically debited from the account.
- Coverage Amount:
- Accidental death or full disability – Rs. 2 lakh
- Partial permanent disability – Rs. 1 lakh
- Coverage Period: Valid from 1st June to 31st May each year upon premium payment.
- Accident Cover Termination:
- On reaching age 70
- Closure of bank account or insufficient balance
- Multiple Accounts: If enrolled through more than one account, maximum coverage is Rs. 2 lakh.
PMSBY Scheme Details PDF
For complete and official details of the PMSBY Scheme, you can download the PDF from the government website:
Download PMSBY Scheme Details PDF
This PDF includes all rules, coverage details, eligibility criteria, and application process for reference.
PMSBY Scheme Benefits 2025
The Pradhan Mantri Suraksha Bima Yojana (PMSBY) offers financial protection to individuals in case of accidental death or disability. The scheme is simple, affordable, and ensures that families receive monetary support during unforeseen accidents.
Key Benefits of PMSBY Scheme:
- Accidental Death: Nominee receives Rs. 2 lakh in case of death due to an accident.
- Total Permanent Disability: If the subscriber loses both eyes or both hands/feet or a combination of sight and limb, they get Rs. 2 lakh.
- Partial Permanent Disability: If the subscriber loses sight of one eye or the use of one hand/foot, they receive Rs. 1 lakh.
- Low Premium: Annual premium of just Rs. 20, auto-debited from the bank account.
- Easy Enrollment: Available to all eligible savings bank account holders aged 18–70 years.
- Annual Coverage: Valid from 1st June to 31st May each year upon premium payment.
This scheme provides a safety net for families and helps reduce financial stress in case of accidents.
PMSBY Scheme Eligibility 2025
The Pradhan Mantri Suraksha Bima Yojana (PMSBY) is designed to provide accident insurance coverage to a wide range of people through their bank accounts. To enroll in the scheme in 2025, individuals must meet the following eligibility criteria:
Eligibility Criteria:
- Age: Must be between 18 years (completed) and 70 years (as per nearest birthday).
- Bank Account: Must hold a savings bank account in any participating bank.
- Consent: The account holder should provide consent for auto-debit of the annual premium.
- Residence: Open to all Indian residents who meet the above conditions.
- Multiple Accounts: If a subscriber has multiple accounts, coverage will be limited to Rs. 2 lakh in total.
Meeting these eligibility requirements ensures that individuals can easily avail the benefits of PMSBY and secure financial protection for themselves and their families in case of accidents.
PMSBY Scheme Age Limit 2025
The Pradhan Mantri Suraksha Bima Yojana (PMSBY) is an affordable accident insurance scheme offered by the Government of India. To be eligible for this scheme in 2025, applicants must meet the following age criteria:
- Minimum Age: 18 years (completed)
- Maximum Age: 70 years (as of the nearest birthday)
This means individuals who are 70 years old on or before their birthday in 2025 are eligible to enroll in the scheme. However, once a subscriber reaches the age of 70, their coverage under PMSBY will terminate.
PMSBY Scheme Premium 2025
The Pradhan Mantri Suraksha Bima Yojana (PMSBY) is an affordable accident insurance scheme that offers financial protection in case of accidental death or disability. The premium structure for the year 2025 is as follows:
- Annual Premium: ₹436 per member
- Payment Mode: The premium will be deducted from the account holder’s bank or post office account through the ‘auto debit’ facility in one installment, as per the option given at the time of enrollment under the scheme.
Pro-Rata Premium Payment:
If an individual enrolls after the start of the coverage period (1st June), the following pro-rata premium amounts are applicable:
- June, July, August: ₹436
- September, October, November: ₹342
- December, January, February: ₹228
- March, April, May: ₹114
Coverage Period: The insurance cover is valid for one year, from 1st June to 31st May, and is renewable annually.
PMSBY Scheme Apply Online 2025
The Pradhan Mantri Suraksha Bima Yojana (PMSBY) offers affordable accident insurance coverage to individuals aged 18 to 70 years with a savings bank account. Enrolling in the scheme is straightforward and can be done online through your bank’s net banking portal.
Steps to Apply Online:
- Log in to Net Banking: Access your bank’s official net banking portal using your credentials.
- Navigate to the Insurance Section: Locate and click on the ‘Insurance’ or ‘Social Security Schemes’ tab.
- Select PMSBY: Choose ‘Pradhan Mantri Suraksha Bima Yojana’ from the list of available schemes.
- Choose Your Account: Select the savings account from which the annual premium will be debited.
- Provide Nominee Details: Enter the required nominee information as per the form.
- Confirm and Activate: Review the details, confirm, and authorize the payment. An OTP will be sent to your registered mobile number for verification.
- Receive Confirmation: Upon successful activation, you will receive a confirmation message, and the premium will be debited from your account.
Note: The annual premium of ₹20 will be automatically deducted from your account, and the coverage is valid from 1st June to 31st May each year.
PMSBY Scheme Apply Offline 2025
For individuals who prefer to enroll in PMSBY Scheme offline, the process is simple and can be completed at your bank branch.
Steps to Apply Offline:
- Visit Your Bank Branch: Go to the bank where you hold a savings account. Ask for the PMSBY Scheme application form.
- Fill the Application Form: Complete the form with all required details, including personal information, nominee details, and account information.
- Submit Required Documents: Submit the filled form along with any necessary identity proof and bank documents to the bank officer.
- Acknowledgement Slip / Certificate: After successful submission, you will receive an Acknowledgement Slip or Insurance Certificate as proof of enrollment.
- Premium Payment: The annual premium of ₹20 will be deducted automatically from your bank account using the auto-debit facility.
This offline method ensures that even individuals without internet access can easily enroll in PMSBY and get financial protection for accidents.
PMSBY Scheme Documents Required 2025
To enroll in the Pradhan Mantri Suraksha Bima Yojana (PMSBY), certain documents are required to verify the identity, age, and bank account of the applicant. These documents ensure smooth processing of the insurance application and claim.
Documents Required for PMSBY Scheme:
- Savings Bank Account Details: The account must be in a participating bank.
- Identity Proof: Any government-issued ID like Aadhaar Card, PAN Card, Voter ID, or Passport.
- Age Proof: Birth certificate, Aadhaar card, or school certificate to confirm the age (18–70 years).
- Nominee Details: Name, relation, and contact information of the nominee who will receive the insurance in case of an accident.
- Signed Application Form: Filled and signed PMSBY enrollment form (available online or at the bank branch).
Having these documents ready ensures quick enrollment and activation of the PMSBY Scheme, giving financial security against accidental risks.
PMSBY Scheme Amount 2025
The Pradhan Mantri Suraksha Bima Yojana (PMSBY) provides financial protection in case of accidental death or disability. The scheme offers a fixed insurance amount based on the type and severity of the accident.
PMSBY Scheme Coverage Amounts:
- Accidental Death: ₹2 lakh will be paid to the nominee in case of death due to an accident.
- Total Permanent Disability: ₹2 lakh for complete and irrecoverable loss of both eyes, both hands or feet, or a combination of sight and limb.
- Partial Permanent Disability: ₹1 lakh for total and irrecoverable loss of one eye or loss of use of one hand or one foot.
- Multiple Accounts: If a subscriber is covered through more than one account, the maximum payout remains ₹2 lakh.
This low-cost insurance ensures that families receive financial support in case of accidents, reducing the economic burden during emergencies.
PMSBY Scheme Certificate Download 2025
After successfully enrolling in the Pradhan Mantri Suraksha Bima Yojana (PMSBY), every subscriber receives an official Insurance Certificate. This certificate serves as proof of enrollment and coverage under the scheme.
Steps to Download PMSBY Certificate:
Through Online Banking:
- Log in to your bank’s net banking portal.
- Navigate to the ‘Insurance’ or ‘Social Security Schemes’ section.
- Select PMSBY Scheme and click on ‘Download Certificate’.
- Save or print the PDF certificate for your records.
Through Bank Branch (Offline):
- Visit the bank where your savings account is held.
- Request your PMSBY Insurance Certificate from the bank officer.
- The bank will provide an official Acknowledgement Slip Cum Insurance Certificate.
Important Note:
- The certificate contains your personal details, nominee information, coverage amount, and validity period.
- Keep the certificate safe, as it may be required during claim processing in case of an accident.
PMSBY Scheme FAQs 2025
1. What is PMSBY Scheme?
The PMSBY Scheme is a government-backed accident insurance plan for bank account holders. It provides financial protection in case of accidental death or disability at a very low annual premium of ₹20. Coverage is valid for one year, from 1st June to 31st May, and is renewable annually.
2. How to Cancel PMSBY Scheme?
If you no longer wish to continue the PMSBY coverage, you can cancel it by:
1. Visiting your bank branch and submitting a written request to discontinue PMSBY.
2. Informing your bank to stop auto-debit of the annual premium.
3. Once cancelled, your insurance cover will terminate immediately and nopremium will be charged further.
3. What is PMJJBY and PMSBY Scheme?
PMSBY: Accident insurance scheme covering accidental death and disability with a low annual premium.
PMJJBY (Pradhan Mantri Jeevan Jyoti Bima Yojana): Life insurance scheme providing life coverage of Rs. 2 lakh in case of natural or accidental death, with a premium of Rs. 330 per year.
Both schemes are linked to bank accounts and provide financial security for families.
4. How to Claim PMSBY Scheme?
To claim PMSBY benefits in case of an accident:
Submit a claim form to your bank along with identity and accident proof documents.
Provide a medical certificate or FIR (if required).
The bank forwards the documents to the insurance company, which processes the claim.
Upon approval, the nominee receives the insurance amount in their account.
5. How to Apply for PMSBY Scheme?
You can apply for PMSBY either online or offline:
Online: Via your bank’s net banking portal under ‘Insurance/Social Security Schemes’ and follow the instructions to enroll.
Offline: Visit your bank branch, fill out the application form, submit required documents, and receive an Acknowledgement Slip / Insurance Certificate.
Conclusion
The PMSBY Scheme is a simple, low-cost accident insurance plan that provides financial protection to bank account holders in case of accidental death or disability. With an annual premium of just ₹20, it ensures that families have a safety net during emergencies. Both online and offline enrollment options make it accessible to everyone, helping secure the future of individuals and their loved ones.
Disclaimer
This content is for informational purposes only. Please verify all details, eligibility, and coverage with your bank or official government sources before applying for the PMSBY Scheme. The government reserves the right to modify or update the scheme rules at any time.