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PMSBY

Pradhan Mantri Suraksha Bima Yojana (PMSBY) is a government-backed accident insurance scheme offering coverage at just ₹20 per year. It covers accidental death and disability, including eye injuries resulting from accidents. The scheme is available to all savings bank account holders aged 18-70 years. For eye-related claims, accidental injuries leading to vision loss are covered under the disability benefits.

About

Scheme Details

Pradhan Mantri Suraksha Bima Yojana (PMSBY) is a government-backed accident insurance scheme offering coverage at just ₹20 per year. It covers accidental death and disability, including eye injuries resulting from accidents. The scheme is available to all savings bank account holders aged 18-70 years. For eye-related claims, accidental injuries leading to vision loss are covered under the disability benefits.

Coverage

Scheme Benefits

₹2 lakh cover for accidental death

₹2 lakh for total permanent disability

₹1 lakh for partial permanent disability

Covers loss of vision due to accident

Premium of only ₹20 per year

Auto-debit from savings account

Process

How to Avail Benefits

1

Report accident to bank immediately

2

Obtain medical certificate for disability

3

Submit claim form with documents

4

Bank forwards to insurance company

Documentation

Documents Needed

  • PMSBY enrollment proof
  • Bank account statement
  • Medical/disability certificate
  • FIR copy (if applicable)
  • Hospital discharge summary
Questions

Frequently Asked Questions

Does PMSBY cover eye surgery?
PMSBY covers eye injuries and vision loss only if caused by an accident. Routine eye surgeries like cataract are not covered as they are not accident-related.
What is covered under permanent disability for eyes?
Total and irrecoverable loss of sight in both eyes due to accident is covered under total permanent disability (₹2 lakh). Loss of sight in one eye is covered under partial permanent disability (₹1 lakh).
How to enroll in PMSBY?
Visit your bank branch or use net banking to enroll. You need a savings account and Aadhaar. Premium of ₹20 is auto-debited annually between May 25 and June 1.
Can I claim PMSBY at any hospital?
For treatment, you can visit any hospital. Claims are processed through your bank after submitting required documents. There is no network hospital concept like health insurance.
Next Steps

Find empanelled hospitals

Search for hospitals empanelled under this scheme in your city.