Jharkhand: Pradhan Mantri Jeevan Jyoti Bima Yojana gives financial security to poor in Sahibganj

IANS May 13, 2025 187 views

The Pradhan Mantri Jeevan Jyoti Bima Yojana is transforming lives in Jharkhand's Sahibganj district by offering affordable life insurance. Beneficiaries like Gopal Ghosh praise the scheme for providing crucial financial protection to poor and middle-class families. The government's initiative covers Rs 2 lakh for an annual premium of just Rs 436 for individuals aged 18-50. Local bank managers are actively promoting this welfare scheme to increase awareness and accessibility.

"This scheme is really very beneficial" - Gopal Ghosh, Beneficiary
Sahibganj (Jharkhand), May 12: The Central Government's Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) has come as a blessing for the people in the Sahibganj district of Jharkhand. Under this scheme, people are getting the benefit of life insurance at a very affordable premium.

Key Points

1

Provides Rs 2 lakh insurance at Rs 436 annual premium

2

Covers people aged 18-50 with bank accounts

3

Supports families in financial emergencies

4

Nationwide welfare initiative by Modi government

People say that this scheme is not only providing financial security to their families, but is also becoming a strong support for them in case of an emergency.

Pradhan Mantri Jeevan Jyoti Bima Yojana is a welfare initiative of the Central Government, which aims to provide life insurance facilities to every citizen of the country. Under this scheme, an insurance cover of Rs 2 lakh is provided at an annual premium of just Rs 436. This scheme is for people aged 18 to 50 years. To avail of this, it is mandatory for the person to have a bank account.

Beneficiary Gopal Ghosh told news agency IANS, "I have taken advantage of the Pradhan Mantri Jeevan Jyoti Bima Yojana, and this scheme is really very beneficial. Under this scheme, if someone dies due to natural causes or in an accident, then their family gets a compensation of Rs 2 lakh. The government has started this very wonderful scheme. No matter whatsoever is the reason for death, the family definitely gets the benefit of this scheme. For this, only Rs 436 annual premium has to be paid, which is affordable for everyone."

He thanked Prime Minister Narendra Modi and said that this is an excellent and very useful scheme for the poor. The general public is taking full advantage of this scheme. He appealed to everyone to avail the scheme.

UCO Bank manager Ayodhya Kumar said, "Pradhan Mantri Jeevan Jyoti Bima Yojana is an ambitious and welfare scheme of the Central Government, which provides financial security to the poor and middle-class people. We are connecting people to this scheme through our bank and making them aware of its benefits."

Reader Comments

R
Rajesh K.
This is truly a game-changer for rural India! ₹436 per year for ₹2 lakh cover is something even daily wage workers can afford. My cousin in Sahibganj enrolled last month - the bank staff helped with all paperwork. More awareness needed in remote villages though.
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Priya M.
Good initiative but implementation needs improvement. My father tried enrolling in Bihar but bank asked for unnecessary documents. Scheme is excellent on paper - hope ground reality matches soon. 👍
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Amit S.
जीवन ज्योति बीमा योजना गरीबों के लिए वरदान है! My driver's family received the ₹2 lakh within 15 days of his accident. Such schemes show government cares about poor's financial security. More people should know about this - maybe advertise on Doordarshan?
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Sunita R.
Why is upper age limit only 50? Many poor people work beyond 50 and need this security too. Otherwise good scheme, but should be extended to at least 60 years. My maid's husband is 52 and couldn't enroll 😔
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Vikram J.
Combined with PM Suraksha Bima, these schemes are creating safety net for masses. But banks must simplify process - too much paperwork discourages illiterate people. Maybe use Aadhaar-based auto-enrollment?
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Neha T.
Heartwarming to see such impact in Jharkhand! 👏 We need more success stories from other states too. Small premium, big security - this is how welfare schemes should be designed. Hope claim settlement remains quick and hassle-free.

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