Banking News

Premium Rate of PMJJBY and PMSBY has been revised

Date : 31-May-2022

Premium Rate of PMJJBY and PMSBY has been revised

The premium rate of PMJJBY has been revised upward to Rs 1.25 per day, translating into an increase from Rs 330 to Rs 436 annually. The annual premium for PMSBY has been hiked from Rs 12 to Rs 20. The new premium rates are effective from June 1, 2022.