The Pradhan Mantri Suraksha Bima Yojana (PMSBY) is a low-cost accident insurance scheme launched by the Government of India to provide financial protection in case of accidental death or disability. In 2025, the scheme continues to serve millions of Indians—especially daily wage earners, farmers, workers, and those from low-income groups.
With an annual premium of just ₹20, this scheme ensures that financial support reaches families when they need it most.
📌 Key Features of PMSBY – 2025
| Feature | Details |
| Scheme Name | Pradhan Mantri Suraksha Bima Yojana |
| Launched On | 9 May 2015 |
| Annual Premium | ₹20 (auto-debited from bank account) |
| Age Eligibility | 18 to 70 years |
| Coverage Period | 1 June 2025 – 31 May 2026 |
| Sum Insured | Up to ₹2,00,000 |
| Policy Type | Renewable every year |
| Enrollment Mode | Through banks, CSCs, mobile, and online |
| Official Website | www.jansuraksha.gov.in |
💡 What Does PMSBY Cover?
| Event | Insurance Benefit |
| Accidental Death | ₹2,00,000 |
| Permanent Total Disability | ₹2,00,000 |
| Permanent Partial Disability | ₹1,00,000 |
🔴 Note: The scheme does not cover natural death or temporary disability.
✅ Eligibility Criteria
To enroll in PMSBY, the applicant must:
- Be between 18 and 70 years of age
- Have an active savings bank account
- Consent to auto-debit of the annual premium (₹20)
- Preferably link their Aadhaar card with their bank account
📝 How to Enroll in PMSBY – 2025
You can enroll through multiple channels:
1. Through Your Bank
- Visit your bank branch or ATM
- Fill the PMSBY enrollment form
- Enable auto-debit of ₹20 yearly
2. Online Enrollment
- Login to your internet banking portal
- Navigate to Insurance > PMSBY
- Submit required details and confirm enrollment
3. Through SMS or Mobile App
- If your bank supports it, reply to PMSBY SMS with “YES”
- Use the bank’s mobile app to enroll
🔁 Renewal Process – 2025
PMSBY is a yearly renewable policy. If there is sufficient balance in your bank account before May 31, the premium will be automatically deducted, and your policy renewed for June 2025 to May 2026.
If the balance is insufficient, the policy will lapse but can be reactivated by re-enrolling.
📂 Claim Process
If the insured person meets with an accident:
Step 1: Inform the bank or insurance company
Step 2: Download and fill the PMSBY Claim Form from jansuraksha.gov.in
Step 3: Submit the claim along with documents:
- FIR or accident report
- Death/disability certificate
- Aadhaar, bank passbook copy
- Nominee’s ID proof
Step 4: Claim will be verified and settled within 30 days if all documents are in order.
🎯 Why You Should Enroll in PMSBY 2025
- Extremely low premium of just ₹20/year
- Covers accidental death and disability
- Helps low-income families during emergencies
- Requires no medical check-up
- Easy enrollment and renewal
👥 Who Should Enroll?
This scheme is ideal for:
- Farmers and laborers
- Daily wage workers
- Street vendors and auto drivers
- Workers in unorganized sectors
- People with no existing insurance coverage
❓ Frequently Asked Questions (FAQs)
Q1. Can I have more than one PMSBY policy?
No. A person is allowed to have only one active policy.
Q2. What if I miss the premium due to low balance?
The policy will lapse. You can rejoin by re-enrolling and ensuring sufficient funds before the next cycle.
Q3. Is there any tax benefit under PMSBY?
No, currently there is no tax exemption for this scheme.
📢 Final Words
The Pradhan Mantri Suraksha Bima Yojana 2025 offers a simple, affordable, and accessible safety net for millions of Indians who may otherwise go uninsured. With just ₹20 per year, you can secure your family’s future in case of accidental death or disability.
If you haven’t joined yet, visit your bank or register online today.
🔗 Enroll now and protect what matters most – your family.