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Pradhan Mantri Jan Dhan Yojana (PMJDY) is one of the most popular banking schemes in the country as it provides for one basic bank account for every unbanked adult. For this account, there is no need to maintain any balance and also no charges are levied on this account. In the account, a free-of-cost RuPay…
An elderly woman shows a 500 rupee note after withdrawing from her Jan Dhan account. (PTI Photo) Prime Minister Narendra Modi introduced this scheme on August 15, 2014, shortly after assuming office for the first time. The Pradhan Mantri Jan Dhan Yojana (PMJDY), one of the flagship initiatives of the Modi-led Central government, marked its…
New Delhi: Union Finance Minister Nirmala Sitharaman on Wednesday said that minimum account balance rules do not apply to PM Jan Dhan and basic saving accounts. “Minimum account balance rule does not apply to PM Jan Dhan accounts and basic savings accounts. It applies only to those bank accounts where customers are required to maintain…