Organization : Ministry of Finance
Facility : Where & How To Open Account For Pradhan Mantri Jan-Dhan Yojana
Home Page : http://www.pmjdy.gov.in/Default.aspx
More Qus. Download here :https://www.statusin.in/uploads/2977-faq.pdf
How To Open Account For Pradhan Mantri Jan-Dhan Yojana Scheme :
What is Pradhan Mantri Jan-Dhan Yojana- :
Pradhan Mantri Jan-Dhan Yojana (PMJDY) is National Mission for Financial Inclusion to ensure access to financial services, namely, Banking/ Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension in an affordable manner.
Related : Ministry of Finance Apply For Pradhan Mantri Jan-Dhan Yojana Scheme : www.statusin.in/575.html
How is PMJDY different from the earlier Financial Inclusion Plan (Swabhimaan)- :
PMJDY focuses on coverage of households as against the earlier plan which focused on coverage of villages. It focuses on coverage of rural as well as urban areas. Earlier plan targeted only villages above 2000 population while under PMJDY whole country is to be covered by extending banking facilities in each Sub-Service area consisting of 1000 – 1500 households such that facility is available to all within a reasonable distance, say about 5 Km.
Whether Joint account can be opened in Pradhan Mantri Jan-Dhan Yojana- :
Yes, joint account can be opened.
Under this Scheme, where can I open an account- :
Account can be opened in any bank branch or Business Correspondent (Bank Mitr) outlet.
What is BSBDA Account – :
Basic Savings Bank Deposit Account (BSBDA) has been defined by RBI vide its circular dated 10.08.2012. Its salient features are :
** There is no requirement of minimum balance.
** The services available include deposit and withdrawal of cash at bank branch as well as ATMs; receipt/credit of money through electronic payment channels or by means of collection/deposit of cheques.
** Maximum of 4 withdrawals a month including ATM withdrawal. No such limit for deposits.
** Facility of ATM card or ATM-cum-Debit card.
** These facilities are to be provided without any extra cost.
Whether there are any restrictions like age, income, amount etc. criteria for opening BSBDA by banks for individuals- :
Any individual above the age of 10 years can open BSBDA Account.
What is RuPay Debit Card- :
Rupay Debit Card is an indigenous domestic debit card introduced by National Payment Corporation of India (NPCI). This card is accepted at all ATMs (for cash withdrawal) and at most of the PoS machines (for making cashless payment for purchases) in the country.
What is PIN Number – :
Personal Identification Number (PIN) is randomly generated code for use of ATM Card at the time of withdrawal of money from ATM Machine and also at the time of making payment on PoS.
How to keep your RuPay Card safe- :
Beneficiary of RuPay Card is required to keep the Card in safe custody. PIN should be changed at frequent intervals and should never be shared with anyone. While using the card at ATM Machine or PoS, PIN should be entered in machine very secretly so that nobody could even guess about the PIN Number. As far as possible, Card should be used at authorized places / centres only. Besides, PIN number should never be written on the Card.