PM SBY: By spending just Rs 20, you can get a benefit of Rs 2 lakh, know what is the scheme

Keeping in mind the different income groups in the country, the government is running various schemes. There is a large population of poor people in the country. These people have to face many problems while living life. The whole base of the family stands on the head. If any accident happens to the head of the family. In such a situation, a mountain of troubles breaks down on the whole family. In this episode, today we are going to tell you about a wonderful scheme of the Government of India. The name of this scheme is Pradhan Mantri Suraksha Bima Yojana. Under the scheme, you can avail a full insurance cover of Rs 2 lakh by spending just Rs 20. This scheme was started by the Government of India in the year 2015. In this connection, let us know in detail about the Pradhan Mantri Suraksha Bima Yojana –

If a person has taken advantage of Pradhan Mantri Suraksha Bima Yojana. In such a situation, if the insured dies in an accident. In this situation, Rs 2 lakh is given to the nominee.

Under the Pradhan Mantri Suraksha Bima Yojana, Rs 2 lakh is given to the insured in case of complete disability. Wherein if the insured is partially disabled. In this case, he is given Rs 1 lakh.

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To apply to this scheme, you have to pay the premium amount every year. The premium money gets automatically auto-debited from the bank on 31st May every year.

Only those people can apply in this scheme, whose age is between 18 to 70 years. The period of Pradhan Mantri Suraksha Bima's cover is from 1st June to 31st May.

(PC: iStock)