Pradhan Mantri Jan Dhan Yojana (PMJDY)

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Financial Inclusion

Pradhan Mantri Jan Dhan Yojana (PMJDY)

Easy access banking for every household through basic savings accounts, RuPay card support, direct benefit transfer linkage, and entry-level social security access.

Overview

Pradhan Mantri Jan-Dhan Yojana (PMJDY) is National Mission for Financial Inclusion to ensure access to financial services, namely, a basic savings & deposit accounts, remittance, credit, insurance, pension in an affordable manner. Under the scheme, a Basic Savings Bank Deposit (BSBD) account can be opened in any bank branch or Business Correspondent (Bank Mitra) outlet, by persons not having any other account.

For more details refer the website https://www.pmjdy.gov.in/

Features & Benefits

No minimum balance required.

Accidental insurance cover of Rs.2 lakhs for Rupay PMJDY cards issued on PMJDY bank accounts opened after 28th August 2018.

Easy Transfer of money across India.

Access to Pension, 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.

Who Can Benefit

Individuals who do not have access to a regular bank account.

Customers seeking a basic account for savings, DBT credits, and RuPay debit card usage.

Beneficiaries of Government welfare schemes requiring bank linkage.

Branch Support

Customers can contact the nearest branch for account opening guidance, RuPay card support, and scheme-related assistance.

Need branch-level help?

Our branch team can help with eligibility guidance, account support, enrollment assistance, and service availability for financial inclusion programs.

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