Pradhanmantri jan dhan yojana is a hot scheme in India, introduced by central government of India.

1. -PMJDY

2. INTRODUCTION
On 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.

3. About PMJDY
The 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.

4. Aim of PMJDY
To 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.

5. 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.

6. Participants
Nationalized Banks Private –Sector Banks
SBI
Bank of Baroda
Bank of India
Canara Bank
IDBI Bank
Indian Bank
PNB
Union Bank of India
Oriental Bank of commerce
Axis Bank
Federal Bank
HDFC Bank
ICICI Bank
Indus Bank
ING Vysha Bank
Andhra Bank
YES Bank
Kotak Mahendra Bank
Karnataka Bank

7. 7000
brache
20000
ATM
50000
emp
s
PMJDY

8. Reaching of Target with in a Day
Bank Number of accounts
IDBI
Union Bank
Dena Bank
ICICI
Bank of Maharashtra
SBI
3,62,000
5,50,000
3,00,000
1,00,000
2,90,000
20,00,000(from Aug-16)