Pradhan Mantri Jan-Dhan Yojana (PMJDY)

Overview
  • Pradhan Mantri Jan-Dhan Yojana (PMJDY) is a National Mission for Financial Inclusion to ensure access to financial services, namely a basic savings & deposit accounts, remittance, credit, insurance, pension etc., in an affordable manner.
  • Under this scheme, a Basic Savings Bank Deposit (BSBD) account can be opened in any bank branch or through Business Correspondent (BC) outlet, by persons not having any other account.
  • Account holders are provided with Rupay ATM-cum debit card.
Features & Benefits
  • No minimum balance is required.
  • Free Accidental insurance cover of Rs.2 lakhs for Rupay PMJDY card holder issued on PMJDY bank accounts, opened after 28th August 2018.
  • Easy Transfer of money across India.
  • Access to Pension and insurance products.
  • Beneficiaries of Government Schemes will get Direct Benefit Transfer in these accounts.
  • After satisfactory operation of the account for 6 months, an overdraft facility will be permitted.
  • For more details refer this website --> PMJDY Official Website
Rates & Charges
 NIL
How to register ?
 Please contact our Business Correspondent who is rendering services in your area.
Designed by Yaswanth Gupta Bondada & Raghav Vellore