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Life Insurance - Pradhan Mantri Jeevan Jyoti Bima Yojana; 5,67,88,890 enrolments made and ₹ 2488.44 crore disbursed under the Scheme till 31st December, 2018

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..... Life Insurance - Pradhan Mantri Jeevan Jyoti Bima Yojana; 5,67,88,890 enrolments made and ₹ 2488.44 crore disbursed under the Scheme till 31st December, 2018 - News and Press Release Dated:- 12-2-2019 - News - Ministry of Finance Posted On: 12 FEB 2019 5:38PM by PIB Delhi Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) was launched on 9th May, 2015. The cover period under this Scheme is 1st June of each year to 31st May of subsequent year. This Scheme is offered/administered through both public and private sector life insurance companies, in tie-up with Scheduled Commercial Banks, Regional Rural Banks and Cooperative Banks. PMJJBY offers a renewable one year term life cover of Rupees Two Lakh to all subscribing bank a .....

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..... ccount holders in the age group of 18 to 50 years, covering death due to any reason, for a premium of ₹ 330/- per annum per subscriber, to be auto debited from subscriber s bank account. As per the data uploaded by banks on Jnasuraksha Portal, the State-wise Enrolments and Cumulative Claims Benefit amount paid as on 31.12.2018 under PMJJBY are at Annexure. The Scheme is open for enrollment to all Savings Bank Account Holders including Pradhan Mantri Jan Dhan Yojana account holders for en-rollment. State -Wise Distribution of Gross Enrollments and Claim amount disbursed under PMJJBY as on 31.12.2018 (Source: Enrollment and Claims Data uploaded by Banks on DFS Portal) SNo. .....

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..... State Enrolments Amount Disbursed (In Crores) 1 ANDAMAN NICOBAR ISLANDS 15,735 0.66 2 ANDHRA PRADESH $$ 1,82,78,825 198.38 3 ARUNACHAL PRADESH 38,520 2.10 4 ASSAM 6,64,860 62.22 5 BIHAR 14,42,707 51.98 6 CHANDIGARH 54,348 3.28 7 CHHATTISGARH 12 .....

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..... ,36,185 100.88 8 DADRA NAGAR HAVELI 22,533 0.86 9 DAMAN DIU 16,204 0.52 10 GOA 1,20,258 5.62 11 GUJARAT 24,29,207 199.04 12 HARYANA 8,95,906 75.92 13 HIMACHAL PRADESH 2,67,267 17.24 14 JAMMU KASHMIR 3,15,534 2.74 15 .....

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..... JHARKHAND 5,25,273 28.60 16 KARNATAKA 32,56,551 217.60 17 KERALA 8,51,753 23.68 18 LAKSHADWEEP 1,682 0.00 19 MADHYA PRADESH 20,08,339 180.22 20 MAHARASHTRA 37,06,638 211.20 21 MANIPUR 36,680 2.58 22 MEGHALAYA 46,266 2.18 .....

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..... 23 MIZORAM 56,093 8.74 24 NAGALAND 20,669 1.48 25 NCT OF DELHI 9,23,296 42.58 26 ORISSA 10,96,845 75.98 27 PUDUCHERRY 69,832 3.76 28 PUNJAB 6,78,973 40.80 29 RAJASTHAN 16,32,800 146.50 30 SIKKIM 28,834 1.14 .....

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..... 31 TAMIL NADU 26,03,089 126.04 32 TELANGANA 20,65,466 220.94 33 TRIPURA 1,17,613 4.14 34 UTTAR PRADESH 36,42,310 321.62 35 UTTARAKHAND 3,61,626 28.10 36 WEST BENGAL 14,10,931 79.12 37 Others ** 58,49,242 0.00 Grand Total 5,67,88,890 2488.44 .....

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..... ** Beneficiaries converged from Ministry of Textiles, Women Child Development, MSME and Department of Animal Husbandry, Dairy and Fisheries from their respective erstwhile Insurance schemes. Also includes offline enrolments pertaining to urban cooperative bank subscribers which were not migrated to Portal. State/UT wise break-up not available for this number $$ includes 1.65 crore beneficiaries which have been converged from AABY to PMJJBY in the state of Andhra Pradesh Source : Gross Enrollment as uploaded by banks on Jansuraksha portal as on 31/12/2018 subject to verification of eligibility .....

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..... , Availability of Funds for auto debit of Premium etc. This was stated by Shri Shiv Pratap Shukla, Minister of State for Finance in written reply to a Question in Rajya Sabha today. **** DSM/KA - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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