Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) – Complete Details

Pradhan Mantri Jeevan Jyoti Bima Yojana

Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is a new scheme based upon  government-backed Life insurance  in India Launched by Prime minister Mr Narendra Modi .

PMJJBY is basically a term life insurance policy that can be renewed either on a yearly basis or for a longer period of time. It will provide life insurance coverage on the death of the policyholder and the nominee must have a bank ac.

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