PMJJBY (Pradhan Mantri Jeevan Jyoti Bima Yojana)

byPaytm Editorial TeamLast Updated: November 14, 2025

Full Form & Meaning

Full form: Pradhan Mantri Jeevan Jyoti Bima Yojana.

It is a life insurance scheme that provides financial support to the family of the insured in case of death.

Coverage

  • Annual premium: ₹436
  • Life cover: ₹2 lakh (age 18–50 years)

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