What is PM Suraksha Bima?
Pradhan Mantri Suraksha Bima Yojana turns a bank account into an accident cover — for a ₹20 annual premium, one of the cheapest insurance products in the country, a subscriber gets ₹2 lakh paid out on accidental death or total disability. Launched in 2015 alongside PMJJBY and Atal Pension Yojana as part of the government's financial-inclusion push, PMSBY skips the usual insurance paperwork: enrolment happens once at the bank, and the premium is auto-debited from the linked savings account every year without the subscriber having to do anything, as long as the account stays funded and Aadhaar-linked. Cover runs from age 18 to 70 and lapses automatically if the auto-debit fails.
PM Suraksha Bima — Quick Overview
| Scheme Name | PM Suraksha Bima Yojana — ₹2 Lakh Accident Insurance |
| Launched By | Government of India |
| Launch Year | 2015 |
| Benefit | ₹2 lakh accident cover for only ₹20/year |
| Category | Finance |
| Last Verified | 1 June 2026 |
| Official Portal | https://jansuraksha.gov.in |
Benefits of PM Suraksha Bima
₹2 lakh accident cover for only ₹20/year
Who is Eligible for PM Suraksha Bima?
- ✓Age 18–70 years
- ✓Active bank account with auto-debit facility
- ✓Aadhaar linked to bank
Documents Required for PM Suraksha Bima
How to Apply for PM Suraksha Bima Online?
- 1Enrollment happens through your existing bank account — approach your bank branch (scheme details at jansuraksha.gov.in).
- 2Ensure your Aadhaar is linked to your savings account and the account supports auto-debit.
- 3Give one-time consent at the bank for the annual ₹20 premium to be auto-debited.
- 4Coverage of ₹2 lakh for accidental death or disability starts once the first premium is debited.
- 5Renewal happens automatically each year via auto-debit as long as the account stays active and funded.
- 6Age 18-70 with an active auto-debit-enabled bank account is required throughout the cover period.
Official Government Portal
jansuraksha.gov.in is the only authorised application channel, and the government charges nothing there — never pay anyone to apply on your behalf.
🔗Apply on jansuraksha.gov.inApply Together — Scheme Bundles
These schemes complement PM Suraksha Bima. Apply for all of them together to maximise your benefits.
Health & Accident Cover Bundle
₹5 lakh health cover + ₹2 lakh accident insurance for just ₹20/year
Financial Safety Net Bundle
Zero-balance account + accident cover + life insurance for under ₹500/year
Real-Life Examples — Are You Eligible for PM Suraksha Bima?
Match your own situation against these sample PM Suraksha Bima applicants:
Suresh, a 35-year-old with a savings bank account who agrees to the ₹20 annual auto-debit and has his Aadhaar linked to the bank
Eligible — he is within the 18–70 age band, has an active account with auto-debit and an Aadhaar-linked bank account — all stated conditions are met
Anita, a 60-year-old with an active bank account and Aadhaar linked, enrolling through her bank
Eligible — at 60 she is within the 18–70 age range and meets the bank-account and Aadhaar-linking conditions
Ramesh, a 72-year-old pensioner who wants to enrol
Not eligible — enrolment is for ages 18 to 70 years — he is above the upper age limit
Vijay, a 28-year-old who has not enabled the auto-debit mandate on his account
Not eligible — an active bank account with auto-debit facility is required to deduct the ₹20 premium
Pooja, a 16-year-old student
Not eligible — the minimum entry age under the scheme is 18 years
Treat these as guidance; the portal's own eligibility check is authoritative.
Common Mistakes — Why PM Suraksha Bima Applications Get Rejected
- ✗Insufficient balance in the bank account on the auto-debit date, so the ₹20 premium is not deducted and the cover lapses.
- ✗Aadhaar not linked to the bank account, which is a stated requirement for enrolment.
- ✗Not enabling the auto-debit facility, so the annual premium cannot be collected.
- ✗Enrolling outside the 18–70 age band — applications outside the stated age range are not accepted.
- ✗Enrolling through a fake link or agent instead of your own bank branch or the bank's net-banking/app, or the official jansuraksha.gov.in portal.
Insider Tips for PM Suraksha Bima
- →Enrol through the same bank where you hold your active savings account so the ₹20 auto-debit works seamlessly.
- →Keep enough balance before the annual premium-deduction date so your cover renews automatically and does not lapse.
- →Ensure your Aadhaar is linked to that bank account, as the scheme requires it.
- →Update your nominee details with the bank so an accident claim can be settled without dispute.
- →Use only your bank channels or the official portal — enrolment is just ₹20 a year, so never pay an agent.