JAM Trinity refers to Jan Dhan Yojana (PMJDY), Aadhaar, and mobile numbers. PMJDY is a national program to ensure access to financial services through bank accounts. It has over 125 million accounts with no minimum balance requirements and offers life insurance. Aadhaar provides a unique identity number to residents and has issued over 890 million numbers to link services like LPG subsidies, pensions, and bank accounts. With over 904 million mobile phones in India, the JAM Trinity aims to use Aadhaar, bank accounts, and mobile numbers to enable direct benefit transfers and financial inclusion through biometric identification of citizens.

1. JAM Trinity: Jan Dhan Yojana,
Aadhaar and Mobile number

2.  Indian’s finance buzzword - found place in two important
documents recently:
- The Economic Survey 2014-15
- Union Budget 2015-16
- According to the Economic Survey of 2014, there are
about:
- 125.5 million Jan Dhan bank accounts
- 890 million Aadhaar numbers, and
- 904 million mobile phones
Facts - JAM

5.  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
Jan-Dhan Yojana

7.  No Minimum Balance
 Interest on deposit
 RuPay Debit Card
 Life insurance cover of Rs. 30,000
 Amount collected Rs 380.47 billion
 Beneficiaries of Government Schemes will get Direct Benefit
Transfer in these accounts
Features of Jan Dhan Bank accounts

8.  Launched in January 2009
 Unique Identification number
 Aadhaar Card serves as an Address Proof and an identity
proof
 76.83 crore Aadhaar numbers generated,out of a total
population of 121.01 crore (Census 2011),February 15,2016
 Rs 6678.32 crore has been spent until august 2015 on the
project
Aadhaar

9.  In Aadhaar uniqueness is determined through the
biometric
 Any resident of India including infants can enrol for
Aadhaar
 No fees charged at any stage under this scheme
 Aadhaar number remains valid for life
 Aadhaar number helps providing access to services like
banking, mobile phone connections and other Govt and
Non-Govt services in due course
 The Unique Identification Authority of India (UIDAI) is the
regulatory body on the behalf of government
Features of Aadhaar

10.  LPG Subsidy
 Passport
 Buying new vehicle and Driving License
 Bank Account
 Voter Card Linking
 Monthly Pension
 New SIM Card
 Digital Locker
Usage of Aadhar card

11.  904 million mobile phones
 Direct Transfer of Funds
 Cut out all the intermediaries
 Biometric identification of citizens with accuracy
Advantages of JAM

12.  No Bank Ac
 Lack of access Points
 Financial illiteracy
 lack of awareness
 Poor penetration
Challenges
Amit Walawalkar

13. Amit Walawalkar