प्रधानमंत्री जन धन योजना के सफलता के 7 वर्ष

What is Pradhan Mantri Jan Dhan Yojana (PMJDY)?

Let us talk about Pradhan Mantri Jan Dhan Yojana (PMJDY) in detail. It is a nationwide scheme launched in 2014. The programme makes financial services accessible to all eligible individuals in the country.

Individuals of any age can open the Basic Bank Deposit Account (BSBDA)in single or joint names at any age. The account is for the rural and urban Indian population who could not take advantage of these financial services. You can open an account in any branch or with help from a Bank Mitra or any other bank. This is a zero-balance account, the account needs to be KYC compliant.

When did Jan Dhan Yojana start?

Pradhan Mantri Jan Dhan Yojana was started on the 14th of August 2014 by the Government of India.

How has Jan Dhan Yojana changed the lives of the underprivileged?

• The greatest benefit that the Jan Dhan Yojana brings for the poor is a bank account with RuPay debit with in-built accidental insurance and Overdraft facility.
• A free RuPay Debit Card with accidental insurance cover of up to Rs 1lakhs (without charge) if the account was opened between August 2014 to August 2018. If the account is opened after August 2018, the account holder will be eligible for up to Rs 2 lakhs insurance coverage under the NPCI programme.
• The PMJDY account holder will get all the banking privileges like a chequebook and passbook, net banking and mobile banking, nomination facility and SMS facility.
• It is a non-maintenance and minimum balance account.
• The account holder can transfer money anywhere in India with minimum formalities.
• The account holder is eligible for an overdraft facility upto Rs 10,000/- subject to eligibility conditions are fulfilled.
• The PMJDY account holder can take advantage of pension and insurance products.
• There is no restriction for opening a Fixed deposit or Recurring deposit account.

Key points to know about PM Jan Dhan Yojana

• The Jan Dhan Yojana upliftment scheme is aimed at improving the lives of the poor
• Including them in the financial mainstream with a zero-balance account
• Freeing the poor from the vicious nexus of unscrupulous moneylenders
• Providing insurance coverage
• The account is powered by Rs 1 lakh accidental insurance benefit. Account holders that have opened accounts after 28.8.18 will get an accident coverage of Rs 2 Lakhs
• The account holder will get a Ru-Pay-enabled debit card

Wrapping Up

In a country that has a sizable poor population, the 7 years of PMJDY opens the gates for revolutionary success. If the country can be wrapped in an organised agenda of financial wholeness, people can enjoy a life driven by economic planning and management in turn transforming the country towards faster and better wealth management. The Pradhan Mantri Jan Dhan Yojana is amped with all the facilities towards building a nation that heads towards economic ambitions of building sound financial resources. Spreading awareness and motivating the scheme already has coverage of 46.25 crores in August 2022. The low-income group has shown an impressive financial appetite steering an eight-fold jump in deposits made from 2015 with a current figure of Rs. 1.73 lakh crores to the present date. The PMJDY account holders are mostly low-paid daily wagers and those from the informal sector. Achieving 100 per cent coverage in most states, the government holds an agenda of a bank account for every adult. The Jan Dhan scheme's deep penetration in the grassroots allows the country to think boldly of adapting digital payment modes making the nation wholesome digitally.