The document outlines three important government schemes: Pradhan Mantri Suraksha Bima Yojana (PMSBY) which provides accidental death and disability coverage for Rs. 12 per year; Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) which provides a Rs. 2 lakh life insurance policy for Rs. 330 per year; and Atal Pension Yojana (APY) which offers subscribers pension amounts ranging from Rs. 1,000-5,000 per month upon retirement in exchange for monthly contributions.

1. New Government
Yojana -2015

2.  Three Very Important Yojana
Pradhan
Mantri
Suraksha
Bima Yojana
(PMSB)
Pradhan
Mantri
Jeevan Jyoti
Bima Yojana
(PMJJBY)
Atal Pension
Yojna
(APY)

3. I. Eligibility: Available to people in age group 18 to 70 years
with bank account.
II. Premium: Rs 12 per annum.
III. Payment Mode: -In this Bima Yojana the premium will be
auto debited from your bank saving account in one
installment every year.
IV. Risk Coverage: For accidental death and full disability –
Rs 2 Lakh and for partial disability – Rs 1 Lakh.
V. Process of : Any person having a bank account and
Aadhaar number linked to the bank account can give a
simple form to the bank every year before 1st of June in
order to join the scheme. Name of nominee to be given in
the form

4. How to enroll- To enroll in this Yojana he has to fill the form and submit the
form. Form Download Link and sample filled form is given below.
PMSBY FORM
Enrolment Peroid- first the coverage period is from 1st June 2015 to 31 May
2016.Subscribers has to enroll and give their auto-debit option on or before
31 may 2015.

5. Pradhan Mantri Jeevan Jyoti Bima Yojana
Highlights of The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY )
I. Eligibility: Available to people in the age group of 18 to 50 and
having a bank account. People who join the scheme before
completing 50 years can, however, continue to have the risk of life
cover up to the age of 55 years subject to payment of premium.
II. Premium: Rs 330 per annum. It will be auto-debited in one
installment.
III. Payment Mode: The payment of premium will be directly auto-
debited by the bank from the subscribers account.
IV. Risk Coverage: Rs. 2 Lakh in case of death for any reason.
V. Who will apply this Scheme?: The scheme will be offered by Life
Insurance Corporation and all other life insurers who are willing to
join the scheme and tie-up with banks for this purpose.

6. Comparison between Jeevan Jyoti Bima Yojana (PMJJBY) vs
Suraksha Bima Yojana (PMSBY)
Features
Pradhan Mantri Suraksha Bima Yojana
(PMSBY)
Pradhan Mantri Jeevan Jyoti Bima
Yojana (PMJJBY)
Eligibility 18-70 years 18-50 years
Number of Policy One Policy Per Person One Policy Per Person
When to Join the Scheme? Any time Any time
Sum Assured (Fixed) Rs 2 lakhs Rs 2 lakhs
Premium Rs 12 per annum Rs. 330 per annum
Cover stops at age At the age of 70 years At the age of 55 years
Maturity Benefit Nil Nil
Death Benefit (Natural Death) Nil Rs 2 lakhs
Death Benefit (Accidental Death) Rs 2 lakhs Rs 2 lakhs
Disability of both eyes, both hands,
both legs or one eye and one limb
Rs 2 lakhs Nil
Disability of one eye or one limb Rs 1 lakh Nil
Maximum Insurance cover Rs 2 lakhs Rs.2 lakhs
Risk Period 1st June to 31st May every year. 1st June to 31st May every year.
Mode of Payment
Premium will be auto debited from
account in the month of May every
year.
Premium will be auto debited from
account in the month of May every
year.

8. Atal Pension Yojna (APY)
Atal Pension Yojana (APY) and New pension
System (NPS) both are the Yojana which are
supposed to provide security after retirement.
The Security in both the Yojana will be provided
in the form of pension.
Joining Age – The Age of joining in Atal Pension
Yojana is from 18 to 40 years.
Pension slab – In APY there are five pension
slab i.e Rs 1000/-,Rs 2000/-,Rs 3000/-,Rs 4000/-
,Rs 5000/-. 50% amount will be paid at the time
of retirement and rest will be paid on yearly
basis.

9. Fund Manager – In APY there is no option to select Pension Fund Manager.
Where as in NPS there is a option to select Pension Fund Manager. There are
six Pensions Fund Manager who will manage your contributions. The six
Pension Fund Manager are listed below.
 HDFC Pension Management
Co.Ltd
 ICIC Prudential Pension Fund
Management Co. Ltd.
 Kotak Mahindra Pension Fund
Ltd.
 LIC Pension Fund Ltd.
 Reliance Capital Pension Fund
Ltd.
 SBI Pension Funds Pvt. Ltd.
 UTI Retirement Solutions Ltd
 Pension Fund by Birla Sunlife
Insurance Co. Ltd.

10. Official Website-
The official Website for APY is
http://jansuraksha.gov.in/
Whereas for NPS the official Website is
http://www.pfrda.org.in/