Pradhan Mantri Jan Dhan Yojana was launched by Hon'ble Prime Minister on 15.08.2014, under which a basic savings bank account is opened for a person without a bank account. Account can be opened in any bank branch or BC outlet under the scheme.
There is no requirement to maintain minimum balance in PMJDY accounts
Interest is earned on the amount deposited in PMJDY accounts.
RuPay Debit Card is provided to PMJDY account holder.
At present accident insurance cover of Rs.2.00 lakh is available.
Overdraft facility of Rs.10,000 is available after satisfactory operation of accounts for 06 months.