Account opening and bank transactions are through business correspondent. The scheme was launched by Modi in But how far it is specific, it is yet to be known. All that shall be required to open these accounts is a self-attested photograph and the signature or thumb print of the person applying for the account. Due to the preparations done in the run-up, as mentioned above, on the inauguration day, 15 million bank accounts were opened. My Saved Articles Sign in Sign up. There are about million Jan Dhan account holders who have life insurance cover of Rs 30,
The PMO had sent out over 7. Account opening and bank transactions are through business correspondent. Election Results Live. This helps illiterate people also do banking. All you need to know. In the long run, the scheme will also allow the poorer sections to avail themselves of subsidies and overdraft facilities through their bank accounts, which are intended to eliminate money-lenders, commission agents and corruption. PM Jan Dhan Yojana.
Account opening and bank transactions are through business correspondent.
Pradhan Mantri Jan Dhan Yojana: All you need to know
Women display pass books of their bank accounts opened under the program. Views Read Edit View history.
The Chief Ministers of about 20 states and several Union Ministers participated in the lauch ceremony in different cities of India. The account holder will also be provided life insurance cover of INR 30, for accounts opened before January 26, and an accidental insurance cover of INR 1 lakh.
Pradhan Mantri Jan Dhan Yojana PMJDYis financial inclusion program of Government of India which is applicable to 20 to 65 years age group, that aims to expand and make affordable access to financial services such as bank accounts, remittances, credit, insurance and pensions.
In addition, while the Indian Government was actively attempting to promote financial inclusion through this scheme, the Reserve Bank of Indiapermitted banks to charge customers for conducting ATM transactions beyond a certain number of times per month. Green Homes Good for you, Good for the planet.
This will alert our moderators to take action. Free RuPay debit card for account. My Saved Articles Sign in Sign up. Notify me of follow-up comments by email. Defence Defence National International Industry.
This will alert our moderators to take action. In his first Independence Day address as the Prime Minister of India, Narendra Modi announced that his government would ensure that all the citizens of India have access to bank accounts and debit cards. Fill in your details: PM Jan Dhan Yojana. This effectively prevented people from easily accessing their own savings and discouraged them pradhqn using formal banking channels.
Will be displayed Will not be displayed Will be displayed. Google experiences ‘indexing’ issues, users see stale search results. Pai September 11, mantru 1: Slogan of the Scheme is “Mera Khatha, Bhagya Vidhatha meaning “My account brings me good fortune”  The scheme was launched after the failure of previous such schemes including Swabhimaan.
Pradhan Mantri Jan Dhan Yojana – Wikipedia
Get instant notifications from Economic Times Allow Not now. The first phase is likely to last till Yojsnawhile the second phase till Choose your reason below and click on the Report button.
A woman with strong opinions. This type of account call “Small Account”can regularized within one year. The scheme has, however, attracted criticism from some quarters.
Pradhan Mantri Jan Dhan Yojana — Vikaspedia
Election Results Live. Engaging business correspondents BCs: Will be displayed Will not be displayed Will be displayed.
Foul language Slanderous Inciting hatred against a certain community Others.