#StateBankofMysore #PMSBY #PMJJB #AtalPensionScheme
– The State Bank of Mysore, in association with other banks and insurance agencies, launched a special drive in the city on Thursday to increase coverage of social security schemes launched recently by the Centre.
This include the Pradhan Mantri Suraksha Bhima Yojana (PMSBY), Pradhan Mantri Jeevan Jyoti Bima (PMJJB) and Atal Pension Scheme (APS).
Mysuru MP Pratap Simha, who inaugurated the special drive, said the schemes will provide a security net for people in the unorganised sector. Pension was available only to government employees and those in the organised sector in the past, but the Atal Pension Yojana has brought people in the unorganised sector also into the ambit of the pension schemes, the MP added.
Senior bank officials who participated in the drive said it was not a one-time drive but a continuous process. The SBM Deputy General Manager, Balakishan, said the District Bankers Forum would be activated to popularise the social security schemes.
As on July 15, 2015, the banks in the district have enrolled 3,93,510 subscribers across the three insurance schemes of which PMSBY is the most popular with 2,53,801 account holders subscribing for it. Its popularity stems from a low premium of Rs.12 per annum which entails an accidental insurance of Rs.2 lakh.
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