Central
₹2L cover, ₹20/year
PM Suraksha Bima Yojana
Accident-only insurance cover of ₹2 lakh for just ₹20/year premium.
Central Government Scheme
· Active · Surat
Pradhan Mantri Jeevan Jyoti
Bima Yojana (PMJJBY)
PMJJBY is a one-year renewable term life insurance scheme offering ₹2 lakh cover for death due to any cause, at an annual premium of just ₹436, available to any bank account holder aged 18-50. Apply now in Surat with expert guidance from Varahii Consultancy.
Premium: ₹436 per year
Cover Amount: ₹2 lakh
Entry Age: 18 to 50 years
Coverage Continues Till: Age 55
Status: Active
City: Surat
₹2 L
Life Cover
₹436 /yr
Annual Premium
27.16 Cr
Enrolments (FY26)
18-50
Entry Age Range
What is Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)?
PMJJBY is a one-year renewable term life insurance scheme offering ₹2 lakh cover for death due to any cause, at an annual premium of just ₹436, available to any bank account holder aged 18-50.
Many applicants in Surat lose weeks to incomplete paperwork or missed eligibility steps. Our team in Surat reviews your case first, so you only submit once everything is in order.
Objective: To extend affordable life insurance coverage to all Indians, particularly those without access to formal insurance products.
Who is this for in Surat?
Any individual with a savings bank account, aged 18-50
Particularly suited to those without access to formal life insurance products
Eligibility Criteria – Surat
To apply for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) Surat, applicants must meet the following conditions:
Age: 18 to 50 years at the time of enrollment; coverage continues until age 55
Bank Account: Must hold a savings bank account and provide consent for auto-debit of the annual premium
No Medical Test: No medical examination required at enrollment — only a simple health declaration
Not Eligible: Individuals outside the 18-50 age band for new enrollment, Accounts without sufficient balance for the auto-debit premium (coverage lapses if debit fails)
Who is NOT Eligible
Individuals outside the 18-50 age band for new enrollment
Accounts without sufficient balance for the auto-debit premium (coverage lapses if debit fails)
Benefits for Surat Applicants
Eligible applicants Surat can receive the following benefits under Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY):
| Benefit | Details |
|---|---|
| Death Cover | ₹2 lakh paid to the nominee on the subscriber's death due to any cause — accident, illness, or natural death |
| Premium | ₹436 per year, auto-debited from the linked bank account |
| Simplified Enrollment | No paperwork beyond a simple consent and health declaration form; processed through banks and post offices |
| Renewal | Automatically renews each year on payment of premium, until age 55 |
Documents Required
Keep the following documents ready before applying Surat. Having them prepared speeds up approval significantly.
Savings bank account details
Aadhaar card
Nominee details
Health declaration (self-certified, no medical test)
Pro tip: Register on Udyam Portal before applying. It strengthens your application and may unlock additional MSME benefits.
How to Apply in Surat
Follow these steps to apply for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) Surat:
Whether you're a first-time applicant or reapplying after a previous rejection, our team in Surat can guide you through every step of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) — from checking the latest eligibility criteria to preparing documents in the exact format the sanctioning authority expects.
1
Visit your bank or post office
Approach your bank branch, post office, or use net/mobile banking if your bank supports digital PMJJBY enrollment.
2
Submit the consent form
Fill in basic personal details, nominee information, and a simple health declaration.
3
Authorize auto-debit
Give consent for the ₹436 annual premium to be auto-debited from your savings account each year around 1 June.
4
Receive policy confirmation
Once processed, you'll receive confirmation of your ₹2 lakh life cover.
Online Portal: You can apply directly at https://www.jansuraksha.gov.in. Varahii's consultants can guide you through every step.
Coverage & Limits
| Parameter | Details |
|---|---|
| Policy Type | One-year renewable group term life insurance (non-linked, non-participating) |
| Coverage Period | 1 June to 31 May each year |
| Claim Process | Nominee submits a claim to the bank branch with the death certificate within the prescribed timeframe |
Applying for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) in Surat
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is available to entrepreneurs and individuals across Surat. Whether you are based in the urban core or surrounding areas of Surat, you can approach any participating bank, NBFC, or Microfinance Institution to begin your application.
Varahii Consultancy has helped hundreds of applicants Surat successfully complete their Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) applications — from document preparation to follow-up with the sanctioning authority.
Varahii in Surat: Our local advisors understand the specific requirements of Surat branches and can help you choose the right lender or government office for faster processing.
Industry & Entrepreneurship Landscape in Surat
Surat's small-business economy is shaped in large part by trading, chemicals, textiles, and engineering manufacturing, sectors that account for a significant share of local MSME and entrepreneurial activity. Gujarat's industrial parks developed by GIDC have made it one of the most active states for new MSME formation and small-unit manufacturing.
Among individual entrepreneurs in Surat, current trends show consistently high new-business formation, especially in trading and small-scale manufacturing. This shift is directly relevant to Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) applicants, since lenders and sanctioning authorities increasingly favour Udyam-registered, formally documented businesses when reviewing applications.
Banking & credit access in Surat: Applicants typically work with Bank of Baroda, Dena-merged branches, and an extensive cooperative banking base when applying for government-linked schemes, alongside NBFCs and microfinance institutions for smaller ticket sizes.
Why Varahii Is Among the Best Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) Consultants in Surat
Choosing the right consultant for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) in Surat can be the difference between a smooth approval and months of avoidable delay. Varahii Consultancy has built a reputation in Surat and across India for handling government scheme and MSME loan applications end-to-end — not just advising, but actively preparing documentation, tracking application status, and following up with the relevant department or bank until a decision is reached.
Specialised, up-to-date knowledge of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) eligibility and documentation requirements in Surat
End-to-end application support — not just advice — from document prep to final follow-up
Familiarity with local banks, NBFCs, and government offices in Surat
Transparent process with no hidden fees and a free initial eligibility check
Varahii in Surat: If you're evaluating Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) options in Surat, our consultants can give you a realistic eligibility assessment before you commit any paperwork — most consultations start with a free review of your specific situation.
Important Dates
| Milestone | Date / Status |
|---|---|
| Scheme Launched | 9 May 2015 |
| Cumulative Progress | 27.16 crore gross enrolments in FY26 (April 2025-March 2026) |
Contact & Support
| Channel | Details |
|---|---|
| Administered Via | Banks and post offices, underwritten by LIC and other empanelled insurers |
| Portal | jansuraksha.gov.in |
Frequently Asked Questions
₹436 per year, auto-debited from your linked savings bank account.
It pays ₹2 lakh to your nominee if you die due to any cause — accident, illness, or natural death — making it broader than accident-only insurance.
No medical examination is required; only a simple self-declared health consent form is needed at enrollment.
You can enroll between ages 18-50, and the cover continues with annual renewal until you turn 55.
PMJJBY covers death from any cause (illness, natural death, accident) for ₹436/year, while PMSBY only covers accidental death/disability for a much lower ₹20/year.
Related topics: life insurance term insurance PMJJBY Jan Suraksha social security Surat
Ready to Apply for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) in Surat?
Varahii's verified consultants handle everything — eligibility check, document preparation, application filing, and follow-up with Surat authorities. 100% free initial consultation.