Those who had applied for the PMJDY SBI RuPay Jan Dhan Card till August 28, 2018, can avail insurance benefits of Rs 1 lakh, according to the SBI website.
SBI has also given the benefit of accident insurance to the nominee of the account holders.
How to get insurance benefits?
To avail the accident insurance benefit, the nominee has to fill up a claim form and attach the death certificate of the PMJDY account holder, i.e. the person for whom the insurance claim is being made.
The nominee will also have to submit a copy of the FIR, post mortem report, FSL (Forensic Science Laboratory) report and copy of the Aadhar card of the deceased person in connection with the accident. These documents have to be submitted within 90 days of the accident to claim the insurance benefit.
What is PMJDY?
The Jan Dhan Yojana, which was announced by Prime Minister Narendra Modi in his Independence Day address in 2014, was launched on August 28 of the same year.
In 2018, the government launched PMJDY 2.0 with enhanced features and benefits. Under the new version, the government decided to focus and free ‘every unbanked adult’ from ‘every household’ accident insurance cover The RuPay card was doubled to Rs 2 lakh for PMJDY accounts opened after August 28, 2018.