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Description

Pradhan Mantri Suraksha Bima Yojana : PMSBY

PMSBY will offer a renewable one year accidental death cumdisability cover of Rupees Two Lakh to all savings bank accountholders in the age group of 18 to 70 years

The scheme would be offered / administered through Public SectorGeneral Insurance Companies (PSGICs) or other General Insurancecompanies willing to offer the product on similar terms on thechoice of the Bank / RRB / Cooperative Bank concerned.