PMJJBY Cancellation Form PDF

PMJJBY Cancellation Form PDF : Do you want to download PMJJBY Cancellation Form in PDF format? If your answer is yes, then you are at the right place. Use the link below to download Pdf.

PMJJBY Cancellation Form PDF Details
PMJJBY Cancellation Form PDF
PDF Name
PMJJBY Cancellation Form
No. of Pages 04
PDF Size 95.3KB
Language  English
Category Government
Source jansuraksha.gov.in

PMJJBY Cancellation Form

This is a life insurance policy that covers you in the event of your death for any cause. The Pradhan Mantri Jeevan Jyoti Bima Yojana has been around for 50 years. To use PMJJBY, the applicant must be at least 18 years old, have a bank account, and provide their agreement to join / activate auto-debit. The Aadhaar card will be the primary source of KYC information for this account. Apply online for the Pradhan Mantri Jeevan Jyoti Bima Yojana to get a Rs. 2 lakh life insurance policy that will be valid for a year, commencing June 1st and ending May 31st, and will be renewed. In the event of the insured’s death for whatever cause, the risk coverage under the Pradhan Mantri Jeevan Jyoti Bima Yojana is Rs. 2 lakh. The yearly premium for the PMJJBY is Rs 300 for enrolments made via the online route and Rs 330 for enrolments made through the offline form from June 1 to May 31.

PMJJBY Cancellation Form PDF – Procedure

  • You must go to your bank’s branch office and request that the auto-debit instruction from your savings account be cancelled. You should follow up with the bank executives since such requests aren’t often handled properly, and we wind up paying the fee year after year.
  • Stop financing or utilising the connected savings account for the PMJJBY or PMSBY. There is no money in the savings account, thus there is no auto-debit, and there are no premium payments.

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