Karnataka Gramin Bank

PMSBY

Pradhan Mantri Suraksha Bima Yojana

The Government of India, as a part of its Social Security Measures, has announced Pradhan Mantri Suraksha Bima Yojana (PMSBY) offering Personal Accident cover of Rs. 2,00,000/- at a very nominal annual premium of Rs. 12/- plus applicable GST for all Savings Bank account holders aged between 18 and 70 years.

Eligibility

All Savings Bank Customers aged between 18 to 70 years. In case of multiple saving bank accounts held by an individual in one or different banks, the person would be eligible to join the scheme through one savings bank account only.

Benefits

Sl No. Table of Benefits Sum Insured
1 Death due to Accident Rs. 2 Lakh
2 Total and irrecoverable loss of both eyes or loss of use of both hands or feet or loss of sight of one eye and loss of use of hand or foot Rs. 2 Lakh
3 Total and irrecoverable loss of sight of one eye or loss of use of one hand or foot Rs. 1 Lakh

For more information please contact our Branch nearest to you