Pradhan Mantri Jan-Dhan Yojana

Pradhan Mantri Jan-Dhan Yojana (PMJDY)

PMJDY sets out to provide a basic account to every family who till now had no account.

Objective of PMJDY is ensuring access to various financial services like availability of basic savings bank account, access to need based credit, remittances facility, insurance and pension to the excluded sections i.e. weaker sections & low income groups.

Features of PMJDY A/C

• Eligible age – 10 to 60 years
• Zero balance account
• PMJDY Rupay card
• Can be opened just only with Aadhaar card
• Accidental Insurance cover up to Rs.2,00,000/-
• Direct Benefit Transfer
• Cash Deposit/Withdrawal/Transfer

Benefits of PMJDY Rupay Card

PMJDY account comes with a Rupay ATM-cum-Debit card with a built in accidental insurance cover of -

• Sum insured of Rs 1 lakh for Rupay cardholders, issued till 28th August’18.
• Sum insured of Rs 2 lakh for Rupay cardholders issued after 28th August’18 onwards
  • https://www.pmjdy.gov.in/