Individual
Life Insurance Coverage is available in this Product.
Axis Max Life Pradhan Mantri Jeevan Jyoti Bima Yojana
Banks in India always strive to improve financial inclusion. Yet, many Indians lack any form of financial protection. The Axis Max Life Pradhan Mantri Jeevan Jyoti Bima Yojana (UIN: 104G089V01) program provides life insurance to bank and post office account holders at a very affordable cost. This group scheme can help your financial institution retain more customers.
We welcome you to partner with Axis Max Life Insurance and enjoy simple administration and claim settlement processes.
What does Axis Max Life Pradhan Mantri Jeevan Jyoti Bima Yojana Offer?
Low-Cost Coverage
Simple Terms & Conditions
Swift Claim Settlement
All You Need to Know about Axis Max Life Pradhan Mantri Jeevan Jyoti Bima Yojana
- Plan Benefits
- Check eligibility
- Downloads
Death Benefit
General Conditions
Revival of Policy
Termination of Risk Coverage
| Minimum Age at entry (age as on the last birthday) | 18 years |
| Maximum Age at entry (age as on the nearest birthday) | 50 years |
| Maximum Maturity Age (age as on the nearest birthday) | 55 years |
| Policy Term | 1 year |
| Scheme Year (Coverage Period) | 1st June to 31st May every year |
| Minimum Group Size | 50 members within a year of the commencement of the policy |
| Minimum Sum Assured | Rs. 2,00,000 per member |
| Maximum Sum Assured | Rs. 2,00,000 per member |
| Premium Payment Mode | Annual only |
| Riders Available | Not Available |
| Policy Loan Provision | Not Available |
| Premium | The premium payable per member per scheme is dependent upon the month of joining the scheme as specified below: |
| a) June to August – Annual premium of Rs. 436 plus any applicable tax, cesses, and levies | |
| b) September to November – Premium for three quarters at Rs. 114 per quarter; i.e. Rs. 342 plus any applicable tax, cesses, and levies | |
| c) December to February – Premium for two quarters at Rs. 114 per quarter; i.e. Rs. 228 plus any applicable tax, cesses, and levies | |
| d) March to May – Premium for one quarter at Rs. 114 plus any applicable tax, cesses, and levies. |
| Downloads | Actions |
| Prospectus |
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| Policy Contract |
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Wondering How Group Plans Offer Better Benefits than Other Forms of Insurance?
Why Choose Axis Max Life?
Here are some of the numbers that speak about our accomplishments
ARN: 15062023/GIP/PMJJBY
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- nri.helpdesk@axismaxlife.comPlease write to us incase of any escalation/feedback/queries.