Legacy of Trust & Security
Protection for Your
Peace of Mind
Ensuring the future of your loved ones through government-backed schemes designed for every citizen. Trust the legacy of Mizoram’s premier financial institution.
Government Security Schemes
High-coverage protection at minimal costs, exclusively for our account holders.
Life Insurance
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
A one-year life insurance scheme renewable from year to year, offering coverage for death du to any reason.
Premium
₹ 436 /year
Coverage
₹ 2 lakhs
AGE ELIGIBILITY
18 to 50 Years
Accident Insurance
Pradhan Mantri Suraksha Bima Yojana (PMSBY)
Affordable accidental insurance covering death and disability, ensuring your family’s financial stability.
Premium
₹ 20 /year
Max Coverage
₹ 2 lakhs
AGE ELIGIBILITY
18 to 70 Years
Key Benefits:
₹ 2 lakh for Death/Total Disability
₹ 1 lakh for Partial Disability
Secure Your Future in 3 Simple Steps
Mizoram Apex Bank makes the enrollment process seamless through our digital portal or local branches.
1
Visit any MCAB Branch
Walk into any of our branches across Mizoram. Our friendly staff will assist you with the simple application form
2
Submit Required KYC
Provide your Aadhar details and bank account link. A simple consent form is all that's needed for auto-debit of premium
3
Receive Confirmation
Once processed, you'll receive an SMS confirmation and a receipt for policy within 24-48 hours
Quick FAQ
Can I have both plans?
Yes, an eligible person can enroll for both PMJJBY and PMSBY simultaneously through their primary bank account.
Is medical checkup needed?
No medical checkup is required for enrollment in these government insurance schemes.
