There is no need to maintain minimum balance in the accounts opened under PMJDY. However, if you want the facility of checkbook, then you have to maintain minimum balance.
New Delhi. In using one of Prime Minister Narendra Medi’s ambitious schemes, the women of India have also put the men behind. The situation is that under this scheme, women are ahead or almost equal in most states in the entire country. There is talk of Prime Minister Jan Dhan Yajana in which women have also won in the case of opening an account in banks. According to the latest figures, a total of 41 crores and 75 lakh accounts have been consumed in the Prime Minister Jan Dhan Yajna till 27 January 2021. More than half of these accounts have been opened by women.
On one hand in this scheme, while the government is giving many benefits in opening these accounts, on the other hand, recently, the largest bank in India, SBI Jan Dhan Account holders, has claimed to provide Accident Insurance cover up to one lakh rupees. To avail this facility, you will have to apply for SBI RuPay Jan Dhan Card. There is no need to maintain minimum balance in the accounts opened under PMJDY. However, if you want the facility of checkbook, then you have to maintain minimum balance.
Under PMJDY, till January 27, 2021, a total of 41 crores 75 lakh accounts have been consumed, out of which 23 crores, 12 lakh 26 thousand 199 accounts of women and 18 lakhs 62 lakh 72 thousand 077 accounts of men. It is to be seen that in this context, the share of women in the beneficiaries of this scheme is more than fifty percent.
According to the report of money
deposited in these Jan Dhan accounts, a total amount of Rs 1 lakh 37 thousand 755 crores has been deposited in 41 crores of 75 lakh accounts till 27 January 2021. There is no compulsion to keep minimum balance in this account and every citizen of India can open their account under this scheme. Pradhan Mantri Jan-Dhan Yojana was started in August 2014 under the National Financial Inclusion Mission.
What is the benefit of Jan Dhan accounts
Jan Dhan account is also like a savings account. Along with government guarantee, there are some different benefits also. You can get your bank account converted into Jan Dhan account through one of your forms. A big advantage of Jan Dhan account is that you can withdraw up to Rs 10,000 from your account through overdraft. However, this facility is available only after proper maintenance of Jan Dhan account for a few months. Rupees debit card is given to the person opening the Jan Dhan account, from which he can withdraw money from the account or make a purchase. With this, it is easy to buy insurance, pension products through Jan Dhan account. Money directly comes in the account of the benefits of government schemes.
