PMJJBY Premium & Coverage Calculator
PMJJBY annual premium is fixed at ₹436. Adjust the years to see your total contribution and coverage amount.
Your PMJJBY Summary
Annual Premium
₹436
Sum Assured (Life Cover)
₹2,00,000
Total Premium Paid
₹3,052
Remaining Cover Period
0 years
* PMJJBY premium is auto-debited annually from your bank account. Scheme administered by the Government of India.
Eligibility
- Age: 18 to 50 years at the time of enrollment
- Must have a savings bank account with Aadhaar linked
- Auto-debit mandate required for premium payment
- Cover valid until age 70
How to use PMJJBY Calculator — Pradhan Mantri Jeevan Jyoti Bima Yojana Premium & Maturity | InsuredBoard
Check eligibility
Verify you are between 18-50 years of age and have a bank account with Aadhaar linked.
Enter annual premium
PMJJBY annual premium is ₹436 (subject to change). Enter the number of years you want to calculate for.
Calculate sum assured
PMJJBY provides ₹2 lakh life cover on death due to any cause.
Calculate total contribution
See total premiums paid over the policy period and the risk coverage amount.
Frequently Asked Questions
What is PMJJBY?
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is a government-backed life insurance scheme launched in 2015. It provides ₹2 lakh life cover at an annual premium of just ₹436. The scheme is administered through banks and is one of the world's largest social security schemes.
How to apply for PMJJBY?
Visit your bank branch with Aadhaar card and fill the PMJJBY enrollment form. You need to have a savings bank account and maintain a minimum balance as per your bank's requirements. The ₹436 premium is auto-debited annually.
Does PMJJBY cover death due to COVID-19?
Yes. PMJJBY covers death due to any cause, including COVID-19. The ₹2 lakh sum assured is paid to the nominee upon death.