PMSBY Overview
Pradhan Mantri Suraksha Bima Yojana (PMSBY) is a government-backed accident insurance scheme in India, offering ₹2 lakh cover for accidental death or total disability and ₹1 lakh for partial disability, at an annual premium of just ₹22, renewable yearly. Facilitated by LoanPao through 500+ trusted partners, it provides financial protection against accidents for individuals aged 18–70. Enrollment is seamless with auto-debit from your savings account. For other financial solutions, explore our PMJJBY Insurance or Motor Insurance.
Enroll below or contact us at +91-999-163-4766 for assistance.
About LoanPao’s Pradhan Mantri Suraksha Bima Yojana (PMSBY)
LoanPao provides PMSBY, Pradhan Mantri Suraksha Bima Yojana, accident insurance India, LoanPao insurance solutions for quick enrollment through 500+ partners.
Market Insights for Pradhan Mantri Suraksha Bima Yojana (PMSBY) in India
The PMSBY market is expanding with Pradhan Mantri Suraksha Bima Yojana, accident insurance India, LoanPao insurance for affordable accident cover.
Testimonials
"LoanPao made PMSBY enrollment quick and hassle-free. Affordable protection for my family."
- Amit S., Customer
"Excellent service for accident insurance. Highly recommend LoanPao."
- Priya K., Enrollee
Benefits of PMSBY
Low Premium
₹22/year for ₹2 lakh cover.
Quick Enrollment
Activate within 1–2 days.
Accident Protection
₹2 lakh for death, ₹1 lakh for partial disability.
Trusted Partners
500+ banks and insurers.
Minimal Documentation
Only Aadhaar and bank details needed.
Auto-Debit Facility
Seamless premium payments.
Eligibility Criteria
| Criteria | Details |
|---|---|
| Age | 18–70 years |
| Bank Account | Savings account with auto-debit facility |
| Nationality | Indian resident |
| Income | No minimum income required |
| Health | No medical examination needed |
Contact info@loanpao.in for eligibility queries.
Documents Required
- Aadhaar Card
- Bank Account Details (passbook or statement)
- PMSBY Consent Form for Auto-Debit
- Passport-size Photograph (optional)
Note: No income proof is required for PMSBY enrollment.
How to Enroll in PMSBY
Join PMSBY with LoanPao in 3 simple steps:
- Fill the form below with your details.
- Submit Aadhaar and bank details to our partner banks.
- Activate coverage within 1–2 days post-verification.
Enroll now or call +91-999-163-4766 for support.
Compare PMSBY with Other Insurance Schemes
| Scheme | Cover Amount | Premium (p.a.) | Eligibility Age | Renewal |
|---|---|---|---|---|
| PMSBY | ₹2 lakh (death), ₹1 lakh (partial disability) | ₹22 | 18–70 | Yearly |
| PMJJBY | ₹2 lakh (life cover) | ₹436 | 18–50 | Yearly |
| Private Accident Insurance | ₹5 lakh–₹50 lakh | ₹1,000–₹10,000 | 18–65 | Yearly/Fixed Term |
Note: Details are indicative. Contact LoanPao for updated information.
Key Features of PMSBY
- Accident Cover: ₹2 lakh for accidental death, ₹1 lakh for permanent partial disability.
- Low Premium: ₹22/year, auto-debited from savings account.
- Wide Eligibility: Available for ages 18–70.
- Annual Renewal: Renewable yearly with auto-debit.
- Government-Backed: Administered by public sector insurers.
Why Choose LoanPao for PMSBY?
Wide Partner Network
Access 500+ banks and insurers.
Fast Enrollment
Coverage activated in 1–2 days.
24/7 Support
Contact us at +91-999-163-4766.
Tips for Enrolling in PMSBY
- Ensure your savings account is active for auto-debit.
- Verify Aadhaar linkage with your bank account.
- Enroll before May 31 each year for uninterrupted coverage.
- Contact LoanPao for assistance with trusted partners.
- Understand coverage terms, including exclusions (e.g., non-accidental injuries).