Prime Minister Narendra Modi launched the Pradhan Mantri Jan Dhan Yojana (PMJDY) scheme on August 28, 2014. The scheme aims to provide bank accounts, debit cards, accident and life insurance to all Indian citizens who do not have bank accounts. On the first day of the launch, the goal was to open 1 crore (10 million) bank accounts. The scheme targets opening over 15 crore (150 million) bank accounts and bringing over 7.5 crore (75 million) unbanked families into the banking system. Key benefits of opening a bank account under PMJDY include RuPay debit cards, Rs. 1 lakh accident insurance and Rs. 30,000 life

1. General knowledge

3. Our Prime Minister Narendra Modi launched (28th August 2014)
his pet project the‘Jan Dhan Yojana’ ("People’s Wealth scheme" in
English),which aims to provide bank accounts to the poor and end
financial untouchability.
The scheme is aimed at opening 1 crore bank accounts on the
first day of its launch.
The state leaders in turn would launch the scheme in their
respective states.
Here are some important details you should know about this
scheme.

4. What is this Jan Dhan Yojana Scheme ?
I. This plan is aimed at providing bank accounts,
insurance cover and a debit card to all the citizens of
the country
II. The 'Jan Dhan Yojana' will provide individuals with a
RuPay debit card which carries free accidental
insurancecover of Rs one1 lakh.
III. According to news reports the personal accident
insurance cover would be enhanced to Rs 2 lakhs per
year.

5. Our PM Modi Financial stament of
cooperation of banking….

6. Highlights of Jan Dhan Yojana Scheme 2014
I. Modi had announced the scheme on
Independence Day in his address to the
nation.
II. Launched on 28th August 2014
III. The logo of the mission was created by Priya
Sharma. shown here

7.  The name “Jan Dhan” was chosen through an online
competition on the MyGov Platform and received more than 6000
suggestion from Indian citizens. After evaluation the jury
shortlisted “Jan Dhan” which was suggested by individuals.
(1) Slogan of this scheme is "Mera Khata – Bhagya Vidhaata”
(2) The primary objective of the programme, Pradhan Mantri
JanDhan Yojana, is to deepen financial inclusion. As many as
60000 bank camps will be conducted and about 1 crore accounts
are targeted to be opened in just one day.
(3) This scheme has set an ambitious target of bringing in more than
7.5 croreun-banked families into India’s banking system by
opening more than 15 Crore bank accounts at the rate of two
bank accounts per houshold.
(4) Every individual who opens a bank account becomes eligible to
receive an accident insurance cover of up-to Rs 1 Lakh for his
entire family.

8. The mission will be implemented in two phases. .
Phase-I from 15th August 2014 to 14th August 2015.

9. Phase- II from 15th August 2015 to 14th August 2018.

10.  The scheme has been started with a target to
provide 'universal access to banking facilities starting
with Basic Banking Accounts with the facilities like-
• The scheme aims to ensure that every household has at
least two bank accounts.
• Each of the bank accounts which are opening comes with
a RuPay debitcard.
• Rs.1 lakh accident insurance cover and an additional
Rs. 30,000 life insurance cover.
• Overdraft facility of Rs.5000 after six months

11. What type of Identification Proof and Address Proof needs to
be submitted ?
The following identification proofs can be use to open a new bank account.
• Voter id card,
• Driving license,
• Passport,
• PAN Card,
• Aadhaar Unique Id,
• NREGA Job card attested
by State Government

12. All private and public sector banks are a part of
Pradhan Mantri Jan DhanYojana (PMJDY)
Some of India’s large Nationalised banks are taking part
in PMJDY. They are:
I. Bank of Baroda
II. Bank of India
III. Canara Bank
IV. Corporation Bank
V. IDBI Bank
VI. Indian Bank
VII. Punjab National Bank
VIII. Union Bank of India
IX. State Bank of India & it’s affiliates.
X. Oriental Bank of Commerce