Social
Security Schemes
1. Atal Pension Yojana : This scheme is offered
to individuals in the age group of 18 to 40 years. The individual is expected
to contribute in the scheme until he/she attains the age of 60 years. The
scheme acts as an investment for availing old-age pension.
2. Pradhan Mantri Suraksha Bima
Yojana
: This scheme offers accidental and disability cover of Rs. 2 lakh at a premium
of Rs. 12 per year. Any individual holding a savings account can be enrolled
under this scheme.
3. Pradhan Mantri Jan Dhan Yojana : The scheme offers savings
account with no minimum balance. The Rupay ATM-cum-Debit card has in-built
accident and life cover of Rs. 1,00,000 and Rs. 30,000, respectively. The
scheme, suitable for economically weaker sections of society.
4. Pradhan Mantri Jeevan Jyoti Bima
Yojana : The scheme offers a protection term insurance cover of Rs 2,00,000 to
the dependents of the policy holder in the event of his/her death at a premium
of Rs. 330 per year. Any individual in the age group of 18-70 years having a
savings account can opt for this scheme.
