The main objective of this scheme is offering social security and affordable insurance to the citizens of India. The schemes can be availed conveniently at banks and enjoy the auto-debit facility to enable direct payments from your bank account. The three insurance and pension schemes launched by PM Modi are:
- Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
- Pradhan Mantri Suraksha Bima Yojana (PMSBY)
- Atal Pension Yojana (APY)
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More Details: Term Life Insurance – A Necessity Or A Fad?