There is a large population of poor people in the country. These people have to face many problems to survive in life. At the same time, if any untoward incident happens to the head of the family of these poor people, then a mountain of troubles falls on the entire family. In such a situation, a financial crisis comes into the lives of these people. Considering this problem of poor people, the Government of India is running a very wonderful scheme. The name of this scheme is Pradhan Mantri Suraksha Bima Yojana. Under Pradhan Mantri Suraksha Bima Yojana, you can get the benefit of life insurance cover of Rs 2 lakh at an expense of Rs 20 annually i.e. less than Rs 2 per month. The Government of India started the Pradhan Mantri Suraksha Bima Yojana in the year 2016. In this episode, let us know about this scheme in detail -

Under Pradhan Mantri Suraksha Bima Yojana, if the insured dies in an accident or becomes permanently disabled. In such a case he is given Rs 2 lakh. Whereas if the insured is partially disabled. In such a situation, he is given an amount of Rs 1 lakh.

To apply for this scheme, your minimum age must be 18 years. The maximum age has been fixed at 70 years. The insurance period of Pradhan Mantri Suraksha Bima Yojana is one year, which runs from 1st June to 31st May.

You can apply for Pradhan Mantri Suraksha Bima Yojana by going to the bank. Apart from this, you also get the option to apply for this scheme online.

If you are going to apply for this scheme. In such a situation, you must have a bank account. In this scheme the amount is automatically deducted from the bank. Many people in the country are applying for this scheme by the Government of India.

(PC: iStock)