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Mahesh

28/08/22 08:20 AM IST

PM Jan Dhan Yojana completes 8 years

In News 
  • Prime Minister Narendra Modi government’s flagship financial inclusion program Pradhan Mantri Jan Dhan Yojana has completed its eighth year and a lot of intended goals were achieved in this period.
PM-JDY 
  • Under this scheme more than 46 crore bank accounts have been opened in 8 years.
  • It has deposits of Rs 1.74 lakh crore.
  • With the help of this scheme, 67 percent of the rural population of the country has now got banking services and 56 percent of women also have Jan Dhan accounts.
Features
  • The schemes would provide the connectivity to the individuals through banking facilities. Several key features of the scheme include:
  • Interest on deposit
  • Accidental insurance cover of Rupee One Lakh.
  • No minimum balance required
  • Life insurance cover of Rs.30,000/-
  • Easy Transfer of money across India
  • After satisfactory operation of the account for 6 months, an overdraft facility will be permitted; Access to Pension, insurance products.; Accidental Insurance Cover, RuPay Debit Card must be used at least once in 45 days; Overdraft facility upto Rs.5000/- is available in only one account per household, preferably lady of the household.
Source- PIB 

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