SBI said, premium will be deducted from savings bank account account holders through auto debit facility. Individual will be eligible to join the scheme through only one savings bank account.
Covid-10 (COVID-19 Pandemic) has made people understand the importance of insurance very well. In today’s time having insurance has become very important. To make insurance accessible to every section of the society, the Modi government has provided the facility of insurance in very less money. By joining two schemes of the Modi government, Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), insurance of up to Rs 4 lakh can be taken. For this, you will have to pay only Rs 342 annually, not thousands.
State Bank of India (SBI), the country’s largest state-run bank, has tweeted about these two schemes on its Twitter handle. SBI has said in the tweet that according to your need, get insurance and live a worry-free life. SBI said, premium will be deducted from savings bank account account holders through auto debit facility. Individual will be eligible to join the scheme through only one savings bank account.