Eligibility

• All individual bank account holders, whether single or joint account status, in the age group 18-70 years, are eligible to join the PMSBY scheme.Points to be noted:In case of multiple bank accounts held by an individual in one or different banks, the person would be eligible to join the scheme through one bank account only.In the case of joint account holders, all the holders will be allowed to join the scheme

• Aadhar would be the primary KYC for the bank account

Enrollment Period

• The period of enrollment is starting from June 1st to May 31st of the subsequent year, i.e a period of one year

Insurance Coverage

The risk cover is Rs. 2 lakh for accidental death and permanent disability and Rs. 1 lakh for partial disability.