PRADHAN MANTRI SURAKSHA BIMA YOJANA (PMSBY) CLAIMS PROCEDURE
1) After Accident nominee and legal heir should contact branch which has deducted PMSBY Premium.
2) Complete all formalities as soon as possible with all necessary documents.
3) Insurance company is bound to complete the claim process within 30 days.
4) In case of death of an insured who has not named his/ her nominee the admissible claim amount shall be paid to the legal heirs of the insured on production of Succession Certificate/ Legal Hei certificate from the Competent Court/ authority.
10) Maximum time limit for Bank to forward duly completed claim form to Insurance Company
is thirty days and maximum time limit for Insurance Company to approve claim and disburse
money thereafter is thirty days.
You can download claim form here :
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