Pradhan Mantri Jan Dhan Yojana

• BSBD account holder should not be maintaining any other savings bank account with any bank/branch to ensure compliance with RBI directives
• Accidental insurance cover of Rs. 1 Lakh under Rupay Scheme and for accounts opened after 28/08/2018 accidental Insurance Cover is of Rs. 2 lakhs
• The scheme provide life cover of Rs. 30,000 payable on death of the beneficiary, subject to fulfilment of the eligibility condition i.e. accounts opened between 15/08/2014 - 31/01/2015
• Easy transfer of money across India
• Beneficiaries of Government schemes will get direct benefit transfer in these accounts
• After satisfactory operation of the account for 6 months, an overdraft facility will be permitted
• Access to pension, insurance products
• The claim under personal accidental insurance under PMJDY shall be payable if the Rupay card holder have performed minimum one successful financial or non-financial transaction at any of bank's Channel both Intra and Inter - bank i.e. on-us (ATM/ Micro-ATM/ POS/ Business Correspondent of the bank at locations by any payment instrument) within 90 days prior to date of accident including accident date of RuPay PMJDY Cardholders or off us (same bank channels - Bank Customer /RuPay cardholder transactions at other bank channels).
• Overdraft facility up to Rs. 10,000 is available in only one account per household, preferably lady of the household subject to eligibility and overdraft for Rs. 2000 is hassle-free

Documents required to open an account under Pradhan Mantri Jan-Dhan Yojana:

• If Aadhaar Card/Aadhaar Number is available, then no other documents is required. If address has changed, then a self-certification of current address is sufficient.
• If Aadhaar Card is not available, then any one of the following officially valid documents (OVD) is required: Voter ID card, driving license, PAN card, passport & NREGA Card. If these documents also contain your address, it can serve both as proof of identity and address.
• If a person does not have any of the ‘officially valid documents’ mentioned above, but it is categorized as low risk by the banks, then he/she can open a bank account by submitting any one of the following documents:
  - Identity Card with applicant's photograph issued by Central/State Government Departments, Statutory/Regulatory Authorities, Public Sector Undertakings, Scheduled Commercial Banks and Public Financial Institutions;
  - Letter issued by a gazette officer, with a duly attested photograph of the person.

• BSBD account, which is operated satisfactorily for at least six months.
• OD to be granted to the earning individual of the family subject to only one member from a family can be granted limit.
• There should be regular credits under DBT/DBTL scheme/other verified sources.
• BSBD account holder should not be maintaining any other savings bank account with any bank/branch to ensure compliance with RBI directives
• Age of applicant between 18 years to 65 years.
• Minor i.e. customer below the age of 18 years are not eligible for OD under PMJDY.
• KCC/GCC borrower is not eligible for PMJDY OD.
• Minimum OD amount Rs, 2,000/- without any assessment subject to fulfilling the above eligibility criteria For amount beyond Rs.2000/-, eligible amount for overdraft is 4 times of average balance of preceding six months or 50% of credit summation in the preceding six months or Rs. 10,000 whichever is lower.

Dedicated Toll free no. for Pradhan Mantri Jan Dhan Yojana (PMJDY) customers and other Financial Inclusion scheme: 18001027788