Direct Answer
The annual premium is ₹436
PMJJBY is a one-year renewable term life insurance scheme offering coverage for death due to any reason
1. Premium: Revised from ₹330 to ₹436 per annum (effective since June 1, 2022). 2. Coverage Amount: ₹2 Lakh (₹2,00,000). 3. Eligibility: Individuals aged 18 to 50 years with a savings bank account. Historical Context: The premium was originally ₹330 but was hiked to ₹436 in 2022 due to a high claim ratio. This rate remains applicable for the 2025-26 cycle.