Pradhan Mantri Jeevan Jyoti Bima Yojna (PMJJY)

Deposit

Pradhan Mantri Jeevan Jyoti Bima Yojna (PMJJY)

The Mehsana District Central Co-Operative Bank Ltd.

PMJJBY is a pure term insurance policy which covers only mortality with no investment component and has a life cover of Rs. 2 lakh. Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is a one-year life insurance scheme, renewable from year to year, offering coverage for death.