NE BUSINESS BUREAU
CHANDIGARH, JUNE 17
To achieve saturation under Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY), the Finance Ministry launched a three-month campaign on April 1 all over the country. This will end on June 30, says a bank release.
As part of it, the public sector lender Indian Bank recently organised Saturation Campaign in two of its branches. The first camp was organised in Boh Branch in Karnal, while the second camp was organised in Lohsimbly branch in Chandigarh. Both the events were presided over by Mahesh Kumar Bajaj, Executive Director, Indian Bank.
- Mahesh Kumar Bajaj, Executive Director, Indian Bank presides over two camps at Karnal and Chandigarh
- PMJJBY offers life insurance cover of Rs 2 lakh in case of death due to any reason to people in the age group of 18-50 years
- PMSBY offers insurance cover of Rs 2 lakh for accidental death or total permanent disability and Rs 1 lakh for partial permanent disability to people in the age group of 18-70 years
Bajaj, during his address, emphasized the affordability of the schemes- Rs 2 lakhs life insurance cover at just Rs.436 per annum and Rs 2 lakhs accident insurance cover at just Rs.20 per annum – and exhorted all eligible people to avail the protection and its benefits.
Under the campaign, camps are going to be organised at the Gram Panchayat level across all districts in the country by the banks with active participation of the State administration and other Ministries of Government of India to ensure that benefits of the two Jan Suraksha schemes reach the masses.
Chief Secretaries of States/ UTs, Chairman/ MD and CEOs of public sector banks (PSBs) have been advised to extend full support during the campaign, an official statement said.
Lead District Managers (LDMs) will lead the campaign in consultation with State/ UT Level Bankers Committees of the States/ UTs and District Magistrates/ Collectors of the Districts. Line Ministries of Government of India have been advised to utilise their field functionaries for identification and mobilisation of the scheme beneficiaries for enrolment, it said.
All Nodal Officers from DFS have been instructed to participate in the special SLBC/ UTLBC meetings and to undertake field visits for monitoring the Gram Panchayat level saturation campaign, it added.
The PMJJBY offers life insurance cover of Rs 2 lakh in case of death due to any reason to people in the age group of 18-50 years having a bank or post office account, who give their consent to join or enable auto-debit of premium.
On the other hand, the PMSBY offers insurance cover of Rs 2 lakh for accidental death or total permanent disability and Rs 1 lakh for partial permanent disability to people in the age group of 18-70 years with a bank or post office account, who give their consent to join or enable auto-debit of premium.
Bijay Kumar Sarangi, Field General Manager (Chandigarh), Avnish Pradhan, Zonal Manager (Karnal) and Shri Rananjay Singh, Zonal Manager (Chandigarh) along with other senior officials of Indian Bank were also present during the occasion.
