pradhanmantri jan dhan yojana

PRADHANMANTRI JAN DHAN YOJANA

-PMJDY

INTRODUCTIONOn 15th August 2014, India’s prime minister announced the financial

inclusion mission titled “Pradhanmantri Jan-Dhan Yojana”. Jan-Dhan Yojana roughly translates into English as “People’s Wealth

Scheme”. India’s Prime minister Narendra Modi announced the launch of this scheme

at the Red Fort on the occasion of India’s Independence Day.Launched on 28 August in 77000 of arias.

About PMJDYThe name “Jan Dhan” was chosen through an Online

Competition on the MyGov Platform, received more than 6000 suggestions from Indian citizens.

7 individuals was suggested “Jan Dhan”.Slogan – Mera Khata-Bhagya Vidhaatha.Primarily the PMJDY Scheme is meant for those who do

not have a savings bank account.Only 58% of Indian citizens are having a bank account.

Aim of PMJDYTo bring poor

financially excluded people into banking system.

It covers both urban & rural areas.

Raise of Indian Economy.

To decrees corruption in Govt subsidy schemes.

Digital India.

Benefits of opening bank a/c under PMJDY

Account can opened with zero balance.

Not required to maintain any minimum balance.

ATM card can be issued.Accident insurance up to

100,000.Medical insurance cover of

30,000.5000 of overdraft available

only after 6 months if your account is found.

ParticipantsNationalized Banks Private –Sector BanksSBIBank of BarodaBank of IndiaCanara BankIDBI BankIndian BankPNBUnion Bank of IndiaOriental Bank of

commerce

Axis Bank Federal BankHDFC BankICICI BankIndus BankING Vysha BankAndhra BankYES BankKotak Mahendra BankKarnataka Bank

PMJDY

50000 emp

7000 brach

es

20000

ATM

Reaching of Target with in a DayBank Number of accountsIDBIUnion BankDena BankICICIBank of MaharashtraSBI

3,62,0005,50,0003,00,0001,00,0002,90,00020,00,000(from Aug-16)

THANK YOU

Presented by K. Lalitha