This is a non-linked, non-participating, one year renewable group term insurance product. This product has been designed to meet the requirements of Government of India's "Pradhan Mantri Jeevan Jyoti Bima Yojana" (PMJJBY) scheme.

The scheme will be administered by Banks and be guided by the scheme rules as specified by the Government of India from time to time.

The insurance cover under this product will start from the date of debit of premium from the insured member’s account for joining the scheme.

  • Death Benefit
  • Maturity Benefit
  • Risk Coverage