Pradhan Mantri Jan Dhan Yojana (PMJDY) has completed seven years. By August 18, 2021, accounts of more than 43 crore people had been opened under this scheme. If you have not opened an account under Pradhan Mantri Jan-Dhan Yojana, then you can also open it easily.
Jan Dhan accounts are playing a big role in bringing banking facilities to every nook and corner of India. In order to spread awareness among the people about Jan Dhan accounts, the government is providing free insurance, overdraft up to Rs 10,000, and many other facilities to the account holders. Many needy people of the country are taking advantage of this.
The Jan Dhan Yojana was announced by Prime Minister Narendra Modi on 15 August 2013. This scheme was launched on 28 August 2014. According to the data, 14.72 crore accounts were opened in the first year of the scheme till March 2015. Today their number has increased to 44.17 crores. In this way, Jan Dhan accounts have increased by more than three times in the last 7 years.
10,000 can be withdrawn from the account even without balance
Under Jan Dhan Yojana, even if there is no balance in your account, you will get the facility of overdraft up to Rs 10,000. This facility is like a short term loan. Earlier this amount used to be 5 thousand rupees. The government has now increased it to 10 thousand.
The maximum age limit for overdraft facility in this account is 65 years. To avail the overdraft facility, your Jan Dhan account should be at least 6 months old. If not, then only overdraft of up to Rs 2,000 is available.
Know the tremendous benefits of the scheme
Under the Jan Dhan Yojana, the account of a child below the age of 10 years can also be opened. On opening an account under this scheme, you get RuPay ATM card, accident insurance cover of Rs 2 lakh, life cover of Rs 30 thousand and interest on the deposit amount. You also get the facility of overdraft of 10 thousand on this. This account can be opened in any bank.