Labour Commissioner Organisation,

Government of Uttar Pradesh

Pradhan Mantri Suraksha Bima Yojana


1. What is the nature of the scheme?

  • The scheme will be a one year cover Personal Accident Insurance Scheme, renewal from year to year, offering protection against death or disability due to accident.

2. What would be the benefits under the scheme and premium payable?

  • The benefits are as follows:
Sr. No. Table of Benefits Sum Insured
1 Death Rs. 2 Lakh
2 Total and irrecoverable loss of both eyes or loss of use of both hands or feet loss of sight of one eye and loss of use of hand or foot Rs. 2 Lakh
3 Total and irrecoverable loss of sight of one eye or loss of use of one hand or foot Rs. 1 Lakh

Premium payable is Rs. 12/- per annum per member.

3. How will the premium will be paid?

  • The premium will be deducted from the account holder’s saving bank account through ‘auto debit’ facility in one installment, as per the option to be given on enrolment. Members may also give one- time mandate for auto debit every year till the scheme in the force, subject to re-calibration that may be deemed necessary on review of experience of the scheme from year to year.

4. Who will offer/administer the scheme?

  • The scheme would be offered / administered through the Public Sector General Insurance Companies (PSGICs) and other General Insurance companies willing to offer the product with necessary approvals on similar term, in collaboration with participating Banks. Participating banks will be free to engage any such general insurance company for implementing the scheme for their subscribers.

5. Who will be eligible to subscribe?

  • All savings bank account holders in the age 18 to 70 years in participating banks will be entitled to join. In case of multiple saving bank accounts held by an individual in one or different banks, the person would be eligible to join the scheme through one savings bank account only.

6. Whether Joint Account holders can join the Scheme?

  • Yes, provided separate premium is paid for each of the Account holders.