Sumerpur Mercantile Urban Co-Op. Bank Ltd.

Pradhan mantri jeevan jyoti bima yojana (PMJJBY)

i. For customers in the age group of 18-50 years having savings account with the Bank.
ii. Life Insurance cover of Rs. 2,00,000/-
iii. Premium amount Rs. 330/- per annum.
iv. Life insurance coverage period 1st June to 31st May every year.

Pradhan Mantri Suraksha Bima Yojana (PMSBY).

i. For customers in the age group of 18-70 years having savings account with the Bank.
ii. Accidental insurance cover of Rs. 2,00,000/-
iii. Premium amount Rs. 12/- per annum.
iv. Accidental insurance coverage period from 1st June to 31st May every year.