Archive · 26 Jun 2025

Explained: Pradhan Mantri Suraksha Bima Yojana and How to Apply

Explained: Pradhan Mantri Suraksha Bima Yojana and How to Apply

The Pradhan Mantri Suraksha Bima Yojana (PMSBY) is like an insurance plan from the government.

It helps people who may not have much money get financial help if they have an accident.

For just ₹20 each year, you can get money if you are hurt badly or die in an accident.

Anyone aged 18 to 70 who has a bank account can join.

You can sign up at your bank or online.

This plan is part of a bigger plan to help everyone in India have some financial security.

Sources