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You can get the benefit of millions in 20 rupees, know what is the whole process?

by Kavita Nagar
July 14, 2025
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Many schemes are run by the Government of India for the citizens of the country. The government brings different schemes keeping in mind the needs of different people. Nowadays there is no faith in anything. Anything can happen anywhere. An accident can happen. In which many people die. After which his families have become destitute.

In such a situation, people already take care that if there is any uncertainty in life, be ready for it. This is why people take life insurance. But many people are like this. People who cannot take life insurance. That is why the Pradhan Mantri Suraksha Bima Yojana is being run by the Central Government. In which you get insurance of up to millions by paying 20 rupees annually. Let’s know who gets the benefit of this scheme.

Various schemes are run by the Central Government for many people in India. Out of these, the government has a scheme of Pradhan Mantri Suraksha Bima Yojana which is an insurance scheme. The scheme was launched in the year 2015. Under this scheme, the applicant will have to pay a premium of Rs 20 per year. In which up to Rs 2 lakh is available. This scheme of the central government is renewed every year. It provides auto debit facility. The premium amount is deducted from the account on 1 June every year.

Under the Pradhan Mantri Suraksha Bima Yojana, if an insured dies in an accident. Then the nominee or family members of the insured are given Rs 2 lakh under the scheme. In an accident, both eyes are damaged, or both hands and legs are lost, or one eye, one hand, or one leg is lost. Still you will get two lakh rupees. Along with this, if one eye, one leg, one hand is useless, then 1 lakh rupees are given to the insured.

The Pradhan Mantri Suraksha Bima Yojana was brought by the government keeping in mind the poor and the needy especially. People from 18 years to 70 years can apply under the scheme. Only backward classes or poor families can apply for the Prime Minister’s Security Insurance Scheme for the scheme. Let us tell you that the application for the scheme can be made in both online and offline methods.

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