The Postal department on Monday launched two vital schemes of Government of India at Doranda General Post Office (GPO). Prime Minister Suraksha Bima Yojana (PMSBY) and Prime Minister Jeevan Jyoti Bima Yojana (PMJJBY) were launched for providing benefits to the common people.
“We here at Postal Department are making things easier for the people so that they do not have to face any difficulty specially in getting insurance and receiving pension. The amounts which need to be paid for availing the benefits of these schemes is also very nominal and an individual must have an account in the post office,” mentioned Post Master General Anil Kumar.
On highlighting the benefits of schemes, Kumar said, “Any person who falls in the age group of 18 to 70 years with bank account can avail the benefit of PMSBY. An individual just need to pay `12 for getting the benefit. The premium will be directly auto-debited by the bank from the subscribers account. For accidental death and fully disability an individual will get two lakhs whereas for partial disability an individual will receive one lakh as risk coverage. A person has to select for the scheme every year. He can also prefer to give a long-term option of continuing in that situation his account will be auto-debited every year by the bank”.
Stating about the Pradhan Mantri Jyoti Bima Yojana (PMJJBY) which is one of the most ambitious social security programmes instigated by the Prime Minister Kumar further said “An individual just need to pay `330. This programme is basically a term life insurance policy that can be renewed either on a yearly basis or for a longer period of time.