Pradhan Mantri Jan Dhan Yojna is the dream scheme of Indian Prime Minister Shri Narendra Modi. Pradhan Mantri Jan Dhan Yojna has been launched by Shri Narendra Modi recently and became the most successful scheme within no time.
Basically Pradhan Mantri Jan Dhan Yojna is the scheme which targets BPL category and persons who do not have any bank account till now. There are crores of people who don't have a bank account due to various reasons. So to include those people to the banking system and benefit them with latest banking facilities, PMJDY aims to provide and facilitate a bank account for all the Indians irrespective of their financial condition.
Due to lack of bank accounts for poor, Indian government's other successful DBT (Direct Bank Transfer) scheme was suffering too. So if poor person does not have a bank account, he had no way to get back the subsidy after implementing the DBT. So Pradhan Mantri Jan Dhan Yojna mainly aimed to facilitate poor and needy who can open an account and then link it to DBT scheme.
PMJDY when implemented, it was received with a huge round of applause from every one.
There were more than crore accounts opened under the Pradhan Mantri Jan Dhan Yojna within a week which is a Guinness World Record. This is enough to speak about the grand success of Pradhan Mantri Jan Dhan Yojna.
How to open an account under Pradhan Mantri Jan Dhan Yojna
It is very simple to open an account under Pradhan Mantri Jan Dhan Yojna. All you need to do is fill up the application form. Application form for opening Pradhan Mantri Jan Dhan Yojna account is available in English and Hindi languages.
Account can be opened with just Aadhar card. If one do not have any identity card, then also it is possible for one to get the account opened.
All national banks do have the facility to open account under Pradhan Mantri Jan Dhan Yojna.
So visit any bank branch you feel convenient to get the account.
Benefits of PMJDY account
There are many benefits available for the account holders under PMJDY scheme.
- As usual, interest will be paid to the account holders.
- Account holder can get the subsidy through DBT scheme.
- There is one lakh rupees accidental insurance cover.
- Life insurance cover of 30,000 rupees is available to the account holder.
- Overdraft facility of 5000 rupees is also available.
- No minimum balance is required to maintain.
So with these many benefits, Pradhan Mantri Jan Dhan Yojna scheme has surely provided a good platform for poor to be at par with others in availing the banking services.