Lok Sabha Question No. 13 (UNSTARRED), answered on 2018-02-02
Subject: Insurance Claim under PMJDY
Ministry: FINANCE
Asked by: JOSE K. MANI

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES

## LOK SABHA

## UN-STARRED QUESTION No: 13 TO BE ANSWERED ON 2 FEBRUARY, 2018 (FRIDAY) / MAGHA 13, 1939 (SAKA)

## Insurance Claim under PMJDY

## 13. SHRI JOSE K MANI:

Will the Minister of FINANCE be pleased to state:

- (a) whether under the Pradhan Mantri Jan Dhan Yojana (PMJDY) any person who opened his first bank account with Rupay card in addition, is eligible for a life insurance cover; if the details thereof; SO,
- (b State/UT-wise;
- (c whether the PMJDY prescribe a time limit for disposing off the insurance claim;
- (d) if the details thereof; if not; the reasons therefor and
- (e the corrective measures taken by the Government for speedy disposal of insurance claims under the scheme?

## Answer The Minister of State in the Ministry of Finance

## (SHRI SHIV PRATAP SHUKLA)

- (a) Under Pradhan Mantri Jan Dhan Yojana (PMJDY), launched in August 2014,any person who had opened a Jan-Dhan bank account till 31.01.2015 is eligible for life insurance cover amounting to Rs. 30,000.
- (b) Bank and   State/Union-Territory wise details of claims received and   paid, as on 27.01.2018, under   the said life   insurance   scheme for   Jan-Dhan account holders are at Annexure 1 and 2.
- (c) to (e Life Insurance Corporation of India (LIC) has informed that though no timeline have been assigned to settle the claims, these are endeavoured to be settled expeditiously.

Out of total 4583 claims by them in the last 4 financial years since the launch of the scheme, 3278 (71.52%) claims were settled within 3 days of preferring the claim with LIC, within 15 46 (1.00%) between 15 to 30 and only 23 (0.50%) in more than 30 of preferring the claim with LIC. paid days; days days

#****

## Annexure to in reply to part (b) of the Lok Sabha Q. No. 13 for 2.2.2018

| Bank-wise details of the claims under life insurance cover of Jan Dhan account holders as on 27.01.2018   | Bank-wise details of the claims under life insurance cover of Jan Dhan account holders as on 27.01.2018   | Bank-wise details of the claims under life insurance cover of Jan Dhan account holders as on 27.01.2018   |
|-----------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------|
|                                                                                                           | Claim received                                                                                            |                                                                                                           |
| ALLAHABAD BANK                                                                                            | 94                                                                                                        | 88                                                                                                        |
| ANDHRA BANK                                                                                               | 612                                                                                                       | 500                                                                                                       |
| ANDHRA PRAGATHI GRAMEENA BANK                                                                             | 31                                                                                                        | 31                                                                                                        |
| AXIS BANK                                                                                                 |                                                                                                           |                                                                                                           |
| BANK OF BARODA                                                                                            | 474                                                                                                       | 420                                                                                                       |
| BANK OF INDIA                                                                                             | 201                                                                                                       | 180                                                                                                       |
| BANK OF MAHARASHTRA                                                                                       | 59                                                                                                        | 54                                                                                                        |
| BARODA RAJASTHAN GRAMIN BANK                                                                              | 1                                                                                                         |                                                                                                           |
| BHARATIYA MAHILA BANK LIMITED                                                                             | 7                                                                                                         |                                                                                                           |
| CANARA BANK                                                                                               | 365                                                                                                       | 342                                                                                                       |
| CATHOLIC SYRIAN BANK LIMITED                                                                              |                                                                                                           |                                                                                                           |
| CENTRAL BANK OF INDIA                                                                                     | 206                                                                                                       | 183                                                                                                       |
| CHHATTISGARH GRAMIN BANK                                                                                  | 12                                                                                                        | 12                                                                                                        |
| CITY UNION BANK LTD.                                                                                      | 3                                                                                                         |                                                                                                           |
| CORPORATION BANK                                                                                          | 157                                                                                                       | 138                                                                                                       |
| DENA BANK                                                                                                 | 181                                                                                                       | 144                                                                                                       |
| FEDERAL BANK                                                                                              |                                                                                                           |                                                                                                           |
| HDFC BANK LTD                                                                                             |                                                                                                           | 18                                                                                                        |
| (ICIci BANK LTD                                                                                           | 11                                                                                                        | 8                                                                                                         |
| IDBI BANK LTD INDIAN BANK                                                                                 | 105 117                                                                                                   | 96 103                                                                                                    |
| INDIAN OVERSEAS BANK                                                                                      | 466                                                                                                       | 413                                                                                                       |
|                                                                                                           | 40                                                                                                        | 38                                                                                                        |
| IJAMMU AND KASHMIR BANK LIMITED                                                                           | 82                                                                                                        | 71                                                                                                        |
| KARNATAKA BANK LTD                                                                                        | 10                                                                                                        | 10                                                                                                        |
| KARNATAKA VIKAS GRAMEENA BANK                                                                             | 64                                                                                                        | 58                                                                                                        |
| KARUR VYSYA BANK                                                                                          | 12                                                                                                        | 12                                                                                                        |
| KERALA GRAMIN BANK                                                                                        | 8                                                                                                         |                                                                                                           |
| KOTAK MAHINDRA BANK                                                                                       | 1                                                                                                         |                                                                                                           |
| PRAGATHI KRISHNA GRAMIN BANK                                                                              | 28                                                                                                        | 28                                                                                                        |
| PRAGATI GRAMIN BANK                                                                                       | 11                                                                                                        | 11                                                                                                        |
| PUNJAB AND SIND BANK                                                                                      | 82                                                                                                        | 74                                                                                                        |
| PUNJAB NATIONAL BANK                                                                                      | 161                                                                                                       | 135                                                                                                       |
| SAURASHTRA GRAMIN BANK                                                                                    | 8                                                                                                         |                                                                                                           |
| SOUTH INDIAN BANK                                                                                         | 2                                                                                                         | 2                                                                                                         |
| STATE BANK OF BIKANER & JAIPUR                                                                            | 33                                                                                                        | 201                                                                                                       |
| STATE BANK OF HYDERABAD                                                                                   | 158                                                                                                       | 142                                                                                                       |
| STATE BANK OF INDIA                                                                                       | 356                                                                                                       | 289                                                                                                       |
| STATE BANK OF MYSORE                                                                                      | 102                                                                                                       | 98                                                                                                        |
| STATE BANK OF PATIALA                                                                                     | 60                                                                                                        | 52                                                                                                        |
| STATE BANK OF TRAVANCORE                                                                                  |                                                                                                           |                                                                                                           |
| SYNDICATE BANK                                                                                            | 288                                                                                                       | 262                                                                                                       |
| TAMILNAD MERCANTILE BANK LTD                                                                              | 8                                                                                                         |                                                                                                           |
| THE FEDERAL BANK LTD                                                                                      |                                                                                                           | 2                                                                                                         |
| THE GUJARAT STATE CO-OPERATIVE BANK LTD                                                                   |                                                                                                           |                                                                                                           |
| THE NAINITAL BANK LIMITE                                                                                  |                                                                                                           | 9                                                                                                         |
| THE SARASWAT CO-OPERATIVE BANK LTD                                                                        |                                                                                                           | 2                                                                                                         |
| UCO BANK                                                                                                  | 93                                                                                                        | 78                                                                                                        |
| UNION BANK OF INDIA                                                                                       | 132                                                                                                       | 109                                                                                                       |
| UNITED BANK OF INDIA                                                                                      | 76                                                                                                        | 74                                                                                                        |
| VIJAYA BANK                                                                                               | 95                                                                                                        | 89                                                                                                        |
| YES BANK                                                                                                  | 5                                                                                                         | 3                                                                                                         |
| Total                                                                                                     | 5223                                                                                                      | 4583                                                                                                      |

Source: Life Insurance Corporation of India

## Annexure to in reply to part (b) of the Lok Sabha Q No: 13 for 2.2.2018

| State/UT-wise details of the claims under life insurance cover of Jan Dhan account holders as on 27.01.2018   | State/UT-wise details of the claims under life insurance cover of Jan Dhan account holders as on 27.01.2018   | State/UT-wise details of the claims under life insurance cover of Jan Dhan account holders as on 27.01.2018   |
|---------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------|
| State Name                                                                                                    |                                                                                                               | claim paid                                                                                                    |
| ARUNACHAL PRADESH                                                                                             |                                                                                                               |                                                                                                               |
| ASSAM                                                                                                         | 89                                                                                                            | 89                                                                                                            |
| BIHAR                                                                                                         | 78                                                                                                            | 76                                                                                                            |
| CHHATTISGARH                                                                                                  | 241                                                                                                           | 233                                                                                                           |
| DADRA HAVELI                                                                                                  | 1                                                                                                             |                                                                                                               |
| GOA                                                                                                           | 8                                                                                                             |                                                                                                               |
| GUJARAT                                                                                                       | 343                                                                                                           | 311                                                                                                           |
| HARYANA                                                                                                       | 251                                                                                                           | 229                                                                                                           |
| HIMACHAL PRADESH                                                                                              | 61                                                                                                            | 45                                                                                                            |
| JHARKHAND                                                                                                     | 29                                                                                                            | 29                                                                                                            |
| KARNATAKA                                                                                                     | 636                                                                                                           | 579                                                                                                           |
| KERALA                                                                                                        | 39                                                                                                            | 38                                                                                                            |
| MADHYA PRADESH                                                                                                | 208                                                                                                           | 175                                                                                                           |
| MAHARASHTRA                                                                                                   | 539                                                                                                           | 470                                                                                                           |
| MEGHALAYA                                                                                                     |                                                                                                               |                                                                                                               |
| MIZORAM                                                                                                       | 1                                                                                                             |                                                                                                               |
| NAGALAND                                                                                                      | 6                                                                                                             | 6                                                                                                             |
| PUDUCHERRY                                                                                                    | 3                                                                                                             |                                                                                                               |
| PUNJAB                                                                                                        | 163                                                                                                           | 139                                                                                                           |
| RAJASTHAN                                                                                                     | 189                                                                                                           | 144                                                                                                           |
|                                                                                                               |                                                                                                               | 2                                                                                                             |
| TAMIL NADU                                                                                                    | 167                                                                                                           | 159                                                                                                           |
| TELANGANA                                                                                                     | 290                                                                                                           | 288                                                                                                           |
| TRIPURA                                                                                                       |                                                                                                               |                                                                                                               |
| UTTAR PRADESH                                                                                                 | 398                                                                                                           | 375                                                                                                           |
| UTTARAKHAND                                                                                                   | 157                                                                                                           | 142                                                                                                           |
| WEST BENGAL                                                                                                   | 84                                                                                                            | 82                                                                                                            |
| ANDAMAN AND NICOBAR ISLANDS                                                                                   | 3                                                                                                             |                                                                                                               |
| ANDHRA PRADESH                                                                                                | 561                                                                                                           | 372                                                                                                           |
| DAMAN AND DIU                                                                                                 | 2                                                                                                             |                                                                                                               |
| DELHI                                                                                                         | 149                                                                                                           | 127                                                                                                           |
| JAMMU AND KASHMIR                                                                                             | 110                                                                                                           | 95                                                                                                            |
| ODISHA                                                                                                        | 213                                                                                                           | 158                                                                                                           |
| TELANGANA                                                                                                     |                                                                                                               | 190                                                                                                           |
| Total                                                                                                         | 5223                                                                                                          | 4583                                                                                                          |

Source: Life Insurance Corporation of India