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SBI Customers Can Get Rs. 4 Lakhs by Depositing Rs 342 Annually

If you want to take benefit of Rs 4 lakh, then State Bank of India (SBI), country’s largest bank is giving you a special opportunity.

Updated on: 21 September, 2021 10:49 AM IST By: Abha Toppo
SBI Customers

If you want to take benefit of Rs 4 lakh then the State Bank of India, country’s largest bank is giving you a special opportunity.

Actually, the State Bank of India (SBI) gives many benefits (in form of schemes/plans/FDs) to its customers that include the farming community as well. But many SBI customers are not aware of these benefits. Hence today we are going to tell you how you can take benefit of Rs 4 lakh by depositing approx. Rs 28 every month. So let’s proceed.

To get the benefit of Rs 4 lakh, you have to invest in two schemes of the government. These schemes are Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY). The investment amount in these schemes is very less – you just have to deposit Rs 342 annually or Rs. 28.5 per month.

Benefit of Rs. 2 lakh under Pradhan Mantri Jeevan Jyoti Bima Yojana

Under Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), an individual gets life insurance cover of Rs. 2 lakh by paying an annual premium of just Rs 330. If the insured person dies, his family is given Rs 2 lakh. This amount is taken from the bank account through ECS.

Benefit of Rs. 2 Lakh under PMSBY

Under Pradhan Mantri Suraksha Bima Yojana, life insurance is provided at a very low premium. This is a scheme run by the central government, in which an insurance cover of Rs 2 lakh is given to the account holder in just Rs 12.

Additional Benefit to all Jan Dhan account holders

It is important to mention that a special facility is given by SBI to the Jan Dhan account holders. The customers get an accidental insurance cover up to Rs 2 lakh from the bank.

Assured Monthly Income through Atal Pension Yojana

Atal Pension Yojana is yet another government pension scheme. Under this scheme, the government gives a guaranteed pension of Rs. 1000 to Rs. 5000 every month. A person up to the age of 40 years can apply for this scheme.

By investing in PMJJBY and PMSBY, you can easily get benefit of up to Rs 4 lakh. Moreover, you will get added benefits through Jan Dhan Yojana and Atal Pension Yojana. State Bank of India gives this special opportunity to its customers. If you are also an SBI customer, then what are you waiting for....

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