Pradhan Mantri Jan Dhan Yojana

• Zero minimum balance requirement
• Interest on deposits as applicable to savings accounts
• Free RuPay Debit Card with accident Insurance Cover of Rs.1 lakh (enhanced to Rs. 2 lakh to new PMJDY accounts opened after 28.8.2018). 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).
• Passbook
• Cheque Book (30 cheque leaves in a year)
• Nomination facility
• Net Banking & Mobile Banking
• An overdraft (OD) facility of Minimum Rs.2000 and Maximum Rs.10,000 to eligible account holders is available. After satisfactory operation of the account for 6 months, overdraft facility up to Rs. 10,000 is available in only one account per household, subject to fulfilment of terms and conditions.
• PMJDY accounts are eligible for Direct Benefit Transfer (DBT), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), Atal Pension Yojana (APY), Micro Units Development & Refinance Agency Bank (MUDRA) scheme.
• Easy transfer of money across India.
• Facility to open Fixed Deposit/Recurring Deposit accounts.

The following documents may be used for opening a PMJDY account, subject to applicable KYC requirements:

If Aadhaar is available:

• Aadhaar Card/Aadhaar Number may be provided.
• Where the current address is different from the address available in Aadhaar, self-certification of the current address may be accepted as per applicable guidelines.

If Aadhaar is not available:

Any one of the applicable Officially Valid Documents (OVDs), such as:

• Passport
• Driving Licence
• Voter's Identity Card that the Election Commission of India Issues
• The Job Card that NREGA issues and officer of the State Government duly signs
• The letter that the National Population register issues containing the details of Name & Address.

• 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

Customers can visit their nearest Bank of Baroda branch or authorised Business Correspondent outlet for opening a PMJDY account or obtaining assistance regarding PMJDY-related services.

Dedicated PMJDY & Financial Inclusion Toll-Free Number: 1800 102 7788, available from 6:00 AM to 10:00 PM.