PMSBY (Pradhan Mantri Suraksha Bima Yojana)

byPaytm Editorial TeamLast Updated: November 14, 2025

Full Form & Meaning

Full form: Pradhan Mantri Suraksha Bima Yojana.

It is an accident insurance scheme that provides coverage for death or disability due to an accident.

Details

  • Annual premium: ₹20
  • Coverage: ₹2 lakh for accidental death

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.

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