Key facts
- PMJJBY
- Life cover ₹2 lakh · ₹436/yr · age 18–50
- PMSBY
- Accident cover ₹2 lakh (₹1 lakh partial) · ₹20/yr · age 18–70
- APY
- Pension ₹1,000–5,000/month at 60 · join at 18–40 · PFRDA
Benefits and conditions
Premiums raised on 1 Jun 2022: ₹330 → ₹436 and ₹12 → ₹20 · income-tax payers can’t join APY (from 1 Oct 2022)
History and related schemes
APY replaced Swavalamban (NPS-Lite, 2010).
2026 notes from the PDF
Trio completed 11 years (May 2026) · APY crossed 9.10 crore subscribers, AUM over ₹54,000 crore.
Exam revision
Use the facts above to revise PMJJBY · PMSBY · Atal Pension Yojana. Keep dates, amounts and qualifying conditions together when reviewing an exam question.
Compare schemes in this sector
PMJJBY = life, 18–50, ₹436 · PMSBY = accident, 18–70, ₹20 · Stand-Up India = loans to SC/ST & women · Startup India = DPIIT start-up recognition.
Memory aid from the guide
9 May 2015, Kolkata: Jeevan Jyoti, Suraksha Bima, Atal Pension → “J-S-A”. April 2015–16: MUDRA (8 Apr 2015) and Stand-Up (5 Apr 2016).
Sector practice from the PDF
Atal Pension Yojana replaced which scheme?
- Swabhimaan
- Swavalamban
- Jan Dhan
- Varishtha Pension Bima
- PM-SYM
(B) Swavalamban NPS-Lite of 2010
Before applying
The PDF is an exam revision guide. It does not provide a complete application process, required documents or all exclusions for this entry. Confirm eligibility, current benefits and application steps with the administering department before applying.