In case of Pradhan Mantri Shram Yogi Maan-Dhan Yojana, what happens if both the subscriber and the spouse of the subscriber dies? Will the Corpus fund be transferred to nominee.
The actual info regarding this provision is - After the death of subscriber as well as his/her spouse, the entire corpus will be credited back to the fund.
I found it ambigous because, the corpus fund is the amount contributed by the subscriber over the time. But this statement mentions "Credited back" which doesn't fit in the context of the fund if the fund I am assuming is the fund in the government accounts (and not for the subscriber).
My source of info is this website - Official Website