Saturday, October 16, 2021
HomeFinance41.75 CRORE BANK ACCOUNTS OPENED UNDER PRADHAN MANTRI JAN DHAN YOJANA

41.75 CRORE BANK ACCOUNTS OPENED UNDER PRADHAN MANTRI JAN DHAN YOJANA

The government today announced that a total number of 41.75 crore accounts have been opened under Pradhan Mantri Jan Dhan Yojana (PMJDY) out of which 35.96 crore accounts are operative.

This was declared by Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs in a written reply to a question in Lok Sabha today.

The government got the data from Public Sector Banks (PSBs) [including sponsored Regional Rural Banks (RRBs)] and 14 major Private Sector Banks, as of 27 January this year.

In Pradhan Mantri Jan-DhanYojana (PMJDY) a bank account can be opened by any bank branch or Business Correspondent (BC) including those of private sector banks.

ALSO CHECK: Get a tremendous discount with Fernsnpetals Vouchers and  Firsrtcry Coupon Code

Anurag Thakur told that the” total number of PMJDY accounts opened by PSBs (including sponsored RRBs) and 14 larger private sector banks are 40.48 crores and 1.27 crore respectively.”

Giving more further details, Anurag Thakur said that accounts opened under PMJDY are basic savings bank deposit (BSBD) accounts.

As per RBI guidelines dated 10 June 2019, banks are needed to offer the following minimum banking amenities, free of charge, to the BSBD account holders, without any requirement of minimum balance.

  1. Deposit of cash at bank branch as well as ATMs/CDMs
  2. Receipt/ credit of money through any electronic channel or by means of deposit /collection of cheques drawn by Central/State Government agencies and departments
  3. No limit on the number and value of deposits that can be made in a month
  4. Minimum of four withdrawals in a month, including ATM withdrawals
  5. ATM Card or ATM-cum-Debit Card

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Latest

Many Bank Accounts: Having multiple bank accounts might be dangerous! These large losses can occur for a variety of reasons, including budget cuts

If you've also opened several bank accounts, there's good news for you. Multiple bank accounts may result in financial loss. Keeping a single account...

Merger of Banks: Exciting News! In Parliament, the government stated that there will be no more mergers of public sector banks

The Minister of State for Finance stated that there are no plans to consolidate the banks at this time. The privatization of two public...

Jan Dhan yojana Account Holders: Now you can get Rs 1.3 lakh, just do this process

Pradhan Mantri Jan Dhan Yojana: Under the Pradhan Mantri Jan Dhan Yojana, the account holder will get a total benefit of Rs 1.30 lakh. So...

Subscribe

* indicates required