The central and state governments are running many wonderful schemes for the economically weaker people in the country. In this series, today we are going to tell you about a very ambitious scheme of the Central Government. The name of this scheme is Pradhan Mantri Jeevan Jyoti Bima Yojana. Under this scheme, the government is providing term insurance coverage to the people of the country. In this scheme, you can get the benefit of insurance cover of Rs 2 lakh by investing just Rs 436. After depositing the premium in this scheme, you can financially secure your family in your absence. If you also want to know about Pradhan Mantri Jeevan Jyoti Bima Yojana. In such a situation, this news is especially for you. Let us know about this scheme in detail -

If you are planning to invest in Pradhan Mantri Jeevan Jyoti Bima Yojana. In such a situation, you need to know about some things. People in the age group of 18 to 50 years can apply for this scheme.

After opening an account in this scheme, you have to deposit a premium of Rs 436. The premium amount is deducted from your account between 25th May to 31st May.

The insurance cover period of Pradhan Mantri Jeevan Jyoti Bima Yojana is from 1st June to 31st May. If you want to take advantage of this scheme. In such a situation, you must have a bank account.

To avail the benefits of Pradhan Mantri Jeevan Jyoti Bima Yojana, you do not need any kind of medical checkup. If the insured person dies under the plan. In such a case, the nominee is given Rs 2 lakh.

(PC: ISTOCK)