Pradhan Mantri Sneh Bandhan Yojana (Proposed Name)

Hon’ble Prime Minister earlier announced two schemes of Govt. of India i.e  Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeewan Jyoti Bima Yojana (PMJJBY).
On the occasion of Raksha  Bandhan, three specially designed gift products are now being announced by Hon’ble Prime Minister, which will be purchased  from the Banks on payment of  specified  amount,  for  gifting  the  same  as  detailed  below.  However,  the  scheme  will  be available at all the times.

(i) Gift for Composite insurance under PMSBY and PMJJBY:-
     For One time premium payment
(Amount in Rs.)
Amount
(A)

One Year Premium
for PMSBY
(B)
One Year
Premium for
PMJJBY
(C)
Total
(D=B+C)
Balance to be
credited in the
SB Account
( A-B-C)
351
12
330
342
9

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