Bandipora : Social security schemes are low premium insurance schemes for all kind of labourers , Workers ,farmers , daily wagers ,organised and unorganised construction workers etc which provide social security in the shape of benefits .
Pradhan Mantri Suraksha Bima Yojana (PMSBY) is an accidental insurance scheme backed by the government. The policy provides accidental death and disability coverage to the insured in case of accidents. It is available to people from 18-70 years of age with a savings bank account at nearest banks.
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) was launched in 2015 to provide financial aid to the families of the insured in case of their sudden death.
The PMJJBY scheme is offered through LIC, other life insurance companies, and banking institutes in India. It is available to people from 18 to 50 years of age with a savings bank account at accredited banks. If the applicant has multiple savings accounts in different banks, he/she can register under PMJJBY via one savings account only.
Joint Director planning Imtiyaz Ahmad appealed all sections to people to avail the low premium schemes without even thinking twice about these.
Having a government-backed scheme to financially protect your loved ones in case anything were to happen to you is a wise decision, especially if you belong to the low-income categories, he further added
He stated that all banks of District and Departments are put on mission mode to have massive enrollments.
For ease of public two forms for both schemes are enclosed , which be filled and taken to nearest bank branches.