SBI provides PMJJBY benefit to beneficiary
Source: Chronicle News Service
Senapati, April 30 2023:
State Bank of India (SBI) Senapati Branch distributed death claim benefit of Rs 200,000 to a beneficiary under Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) on Friday.
While expressing condolence on the untimely demise of L Solomin, who was a beneficiary of PMJJBY, SBI Senapati branch invited the family members of Solomin where its chief manager handed over the death claim benefit to Veinii Reihii (nominee), husband of (Late) Solomin of Purul Atongba village for claim under PMJJBY.
It may be mentioned that PMJJBY and Pradhan Mantri Suraksha Bima Yojana (PMSBY) are social security schemes launched by the government of India With a life cover of Rs 200,000 .
The premium for PMJJBY is Rs 436 per annum and for PMSBY Rs 20 per annum.
SBI Senapati branch also requested the public to enrol under these schemes to avail the insurance benefit for their dependants.