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3.4.4. Pradhan Mantri Jeevan Jyoti Bima Yojna

It is available to people in the age group of 18 to 50 and having a bank account.

People who join the scheme before completing 50 years can, however, continue to have the risk of life cover up to the age of 55 years’ subject to payment of premium.

Risk covers Rs.2 Lakh in case of death for any reason.