SBI Takes Lead in Opening Bank Accounts Under 'Jan Dhan Yojana'


The government is giving adequate publicity to the benefit to be extended to account holders, sources added.

The main features of the PMJDY scheme include 5,000 overdraft facility for Aadhar-linked accounts, RuPay Debit Card with inbuilt Rs 1 lakh accident insurance cover.

Besides, account holders under the scheme will get life insurance cover of 30,000. This was additional benefit announced by the Prime Minister during the launch of the scheme.

In order to spread financial inclusion, banks have been asked to open 7.5 crore accounts by January 26.

PMJDY scheme envisages to provide one account to 15 crore unbanked households across the country in the first phase.

For this, banks have been asked to set up camps from 8 AM to 8 PM on every Saturday to facilitate account opening.

Two helplines– 1800-180-111 and 1800-110-001 have been set up to answer queries related to the scheme.

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Source: PTI