Educational Reference: This is a compiled checklist guide listing schemes administered by the Department of Financial Services. We are not associated with this department. Please review parameters before submitting forms.
Departmental Portal
Department of Financial Services
Browse welfare programs, financial direct benefit transfers, and development networks run by this government department.
PM Mudra Yojana
Who Can Apply:
Small business owners and aspiring entrepreneurs
Key Benefits:
•Shishu: Loans up to Rs. 50,000
•Kishore: Loans Rs. 50,001 to Rs. 5 Lakhs
Updated: July 2026
PM Jeevan Jyoti Bima Yojana (PMJJBY)
Who Can Apply:
All Indian citizens aged 18-50 who hold a savings bank account and want affordable life insurance
Key Benefits:
•Life insurance cover of Rs. 2 Lakh payable to the nominee in the event of the subscriber's death due to any cause (natural or accidental)
•Annual premium of only Rs. 436 — auto-debited from bank account, making it one of the cheapest term life insurance policies in India
Updated: July 2026
PM Suraksha Bima Yojana (PMSBY)
Who Can Apply:
All Indian citizens aged 18-70 who want affordable accidental death and disability insurance
Key Benefits:
•Accidental death cover of Rs. 2 Lakh payable to the nominee
•Total permanent disability cover of Rs. 2 Lakh (loss of both eyes, both hands, both feet, or loss of one eye and one hand/foot)
Updated: July 2026