Modi Government has been working on many schemes for the upliftment of common people. Pradhan Mantri Jan Dhan Yojana is one amongst those important initiative taken by the Narendra Modi to empower citizens financially.
However, if you feel that the Pradhan Mantri Jan Dhan Yojana is only for opening zero balance account, then you are wrong. Under Pradhan Mantri Jan Dhan Yojana, many facilities are being made available to account holders. Not only this, but financial benefits are being provided to the account holders as well as financial assistance.
Let’s know about the benefits you can get by opening an account under Pradhan Mantri Jan Dhan Yojana. With this, you will know the process of opening an account in the scheme.
Benefit of Rs. 1.30 lakh available under PM Jan Dhan Yojana
Under the Pradhan Mantri Jan Dhan Yojana, you can avail lots of benefits. Accidental and insurance cover is being provided to the account holders. Overall, the benefit of Rs 1.30 lakh is being provided to the Jan Dhan Yojana account holder in insurance cover.
This is because Accidental insurance cover up to ₹ 1,00,000 is being provided in the scheme and a habitual insurance cover of ₹ 30000. If the account holder met with an accident then he will be given 1,00,000 and if the account holder dies, his family members will be given ₹ 30000.
Important Documents for PM Jan Dhan Yojana:
To open an account you will need some of the following required documents.
The document is as follows:
- Aadhar Card
- Pan Card
- Driving license card
- Income certificate
- Local resident certificate
- MNREGA job card
- Ration card
- Mobile number
- Passport size photo
Under Pradhan Mantri Jan Dhan Yojana, the number of bank accounts on zero balance has crossed 41 crores. Account holders have many facilities in accounts opened under PMJDY. If you do not have a balance in your account, even then you can withdraw up to Rs 10,000. Apart from this, the facility of Rupay Debit Card is given, from which you can withdraw money from the account and also make purchases.
Facility to withdraw 10 thousand rupees
There are many benefits of Jan Dhan account. If you have a Jan Dhan account, you can withdraw up to Rs 10,000 from your account through overdraft. To take advantage of the facility of overdraft, it is necessary to have an Aadhaar Card. Overdraft facility is the facility under which an account holder can withdraw money from the account even when there is no money in his account. That means the balance of the account holder account is zero. If any Pradhan Mantri Jan Dhan account is not linked with Aadhaar card, then the benefit of overdraft facility will not be available on that account.
There are many benefits of Jan Dhan account, one of which is also the benefit of life insurance and accident insurance. If you have not yet connected to the Jan Dhan account, you can open the account.
Under PM Jan Dhan Yojana, free accident insurance up to Rs 1 lakh is available on account opening. Apart from this, Accidental Death Insurance cover of Rs 30,000 is also available on this account. This insurance is available on the Rupees debit card available for Jan Dhan account. However, it is necessary to fulfill the eligibility conditions for this. The premium is paid by the National Payment Corporation of India (NPCI).
Benefits available in Jan Dhan account:
1. There is no hassle of keeping minimum balance in the account.
2. Interest will be kept as much as savings account.
3. Mobile banking facility will also be free.
4. Accidental insurance cover up to 2 lakh rupees for every users.
5. Overdraft facility up to 10 thousand rupees.
6. RuPay card is available for cash withdrawal and shopping.
This scheme will get benefits:
1. Money of many government schemes will come directly into the account.
2. It will be easy to buy insurance, pension products.
3. Money transfer can be done easily across the country.
4. Account will be opened for pension in schemes like PM Kisan and Shramayogi Maandhan.
Now, do waste your precious time, visit your nearest State Bank of India branch and open your account with ease of benefits. #KhabarLive #hydnews