• Eligibility: The savings bank account holders of the participating Bank between 18 years (completed) and 70 years who give their consent to join / enable auto-debit, as per the modality, will be enrolled into the scheme.
• Policy Period: The cover shall be for one year period from 1 June to 31 May for which option to join / pay by auto-debit from the designated savings bank account on the prescribed forms will be required to be given. Every year the Policy is renewed in the Month of May wherein balance in the account has to be maintained for Auto Renewal of policy for the next Policy Year.
• Premium: ₹ 20/- (per annum).
• Payment Mode: The premium will be directly auto-debited by the bank from the subscribers account. This is the only mode available
• Risk Coverage: Total coverage (sum-insured) under the scheme is ₹ 2 Lakh.
  

	Table of Benefits	Sum Insured
1	Accidental Death	₹ 2 Lakh
2	Total and irrecoverable loss of both eyes or loss of use of both hands or feet or loss of sight of one eye and loss of use of one hand or one foot	₹ 2 Lakh
3	Total and irrecoverable loss of sight of one eye or loss of use of one hand or one foot	₹ 1 Lakh

*The cover is subject to exclusions of the policy.

(i) Enrolments through branch

• Customers can submit duly filled and signed application cum consent forms to any of our branch for enrolling under the scheme.

(ii) Enrolment through TAB based Banking at BC Locations

• Enrolment at BC locations will be done only for those customers who have their mobile number registered in the saving account of the Bank.
• Existing Nominee will continue, in case of change kindly Contact the Branch for updation. Enrolment cannot be carried out by BC agent in case of absence of nominee details linked to bank account.
• This information will also be conveyed to the customer via SMS.

(iii) Self subscription modes

• Enrolments through Internet banking and Mobile Banking (ai1)
  • Account holders can self enroll under the scheme through internet banking and mobile banking (ai1) applications.
  • Login to ai1 app/ internet banking >> Social Security Schemes >> PMSBY >> enter nominee details, address etc >> Successful enrolment subject to availability of sufficient balance
• Enrolments through ATM:
  • Enrolments received through ATM will be accepted subject to the correctness of Date of Birth and Nomination details
  • Existing Nominee will continue, in case of change kindly Contact the Branch for updation.
• Enrolments through JanSuraksha portal
  • Customers can self subscribe by registering under applicant login module in JanSuraksha web page. https://jansuraksha.in/login.
    
    Register (login credentials creation) >> Enter user name & password >> PMSBY >> Select Canara Bank and enter savings A/c number & DOB >> enter OTP (received to registered mobile number) >> enter details like nominee, address etc >> enter OTP for premium debit >> successful enrolment subject to availability of sufficient balance >> Certificate of Insurance (COI) will be generated
  • This information will also be conveyed to the customer via SMS.
• In case the DOB is different from the Bank records, customers are requested to submit the proof to the base branch invariably for updating in Banks records, otherwise the application is liable for rejection.
• In case of multiple coverage under the scheme, the cover will be restricted to Rs.2 lakhs and other insurance covers are terminated and premium shall be forfeited.

Terms and conditions:

• Customer should not be insured under Pradhan Mantri Suraksha Bima Yojana under any other Saving Bank Account In case the same is found to exist, premium shall stand forfeited and no claims would be paid.
• PMSBY scheme cover starts from the date of subscription/auto-debit request, subject to auto-debit request.
• Customer will have to pay full annual premium even if join the Scheme after the commencement of the Group Policy.
• The membership in the scheme will remain in force as long as all premium due are paid until attaining age of 70 years as on Annual Renewal Date.
• Policy shall be issued if nominee details are not provided in available in SB account.
• The customer response received through their registered mobile number shall be considered as their consent for auto-debit from their savings bank account. The Savings account shall be debited on or before May 31 every year.
• The Personal details of the customer will be validated in terms of information provided by the customer by the time of opening account. In case of any changes customer is advised to contact the branch to get it updated before submitting the application to the branch.
• certifying coverage as per the Scheme, subject to correctness of information provided regarding eligibility and receipt of consideration amount.
• Any information provided by the customer if found to be untrue, the membership to the scheme, shall be treated as cancelled from the date of joining the scheme and all monies paid in respect thereof shall stand forfeited.
• The same details of the customer will be shared with The New India Assurance Co Ltd

• Consent cum Application form - English
• Consent cum Application form - Hindi