Pradhan Mantri Jan Dhan Yojana 2023: Apply Now To Get Benefit

Pradhan Mantri Jan Dhan Yojana 2023 | Apply for Prime Minister Jan Dhan Scheme | Eligibility Criteria, Benefits, & How to Apply for PMJDY 2023

The Prime Minister of our country, Shri Narendra Modi, introduced the Pradhan Mantri Jan Dhan Yojana on August 15, 2014, and the scheme began on August 28, 2014. Under the Jan Dhan Yojana, accounts for poor people in the country would be opened at zero balance in post offices and nationalised banks.

Accounts associated with an Aadhaar card would receive a Rs 5000 overdraft facility after 6 months. The PMJDY also includes an integrated accident insurance cover of Rs 1 lakh in RuPay Debit Card and RuPay Kisan Card. In this article, we will tell you all the details of Prime Minister Jan Dhan Yojana, including its eligibility, benefits, required docs, and how to apply for it.

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Pradhan Mantri Jan Dhan Yojana 2023

This Scheme will help the needy in both urban and rural areas of the nation. According to this programme, the central government will give the beneficiary’s family an additional insurance cover of Rs. 30,000 if the beneficiary passes away as a result of creating an account for any cause. The beneficiary’s family should receive an additional Rs 30,000 in insurance coverage.

Pradhan Mantri Also known as Jan Dhan Account, Jan Dhan Yojana 2023. Under this programme, low-income individuals can quickly open an account. They won’t have to pay anything, and opening an account won’t present any issues either. The country’s citizens will readily be able to access banking services thanks to this plan.

Pradhan Mantri Jan Dhan Yojana 2023

Overview of the PM Jan Dhan Yojana

Scheme NamePradhan Mantri Jan Dhan Yojana
Initiated ByPrime Minister Shri Narendra Modi
Launch Date15 August 2014
BeneficiaryCitizens of the country
Official Website

Objectives of the Pradhan Mantri Jan Dhan Yojana

It is known that many people cannot open their bank account and do not know the banking services offered by the bank. This Prime Minister Jan Dhan is a very good initiative of the central government for poor families. As part of Plan 2023, the economically poor, backward people of the country are offered the opportunity to open a bank account at zero level and offered the opportunity for loan-based, transfer, insurance and pension arrangements. Through the Pradhan Mantri Jan Dhan Yojana 2023, financial services like bank/savings accounts, savings accounts, remittances, loans, insurance, pension etc. must be effectively accessible to all.

Benefits of the Prime Minister Jan Dhan Yojana

  • Under this programme, every citizen of the country can open an account in a bank, and a little child up to the age of ten can also create an account.
  • Accident insurance up to Rs 1 lakh will also be provided upon creating an account under this PM Jan Dhan Yojana.
  • Under the Pradhan Mantri Jan Dhan Yojana, the beneficiary would receive Rs 30,000 in life insurance if he dies under regular circumstances.
  • On creating a Jan Dhan account in any bank, interested beneficiaries can take a loan of up to Rs 10,000 without any paper magazine.
  • Beneficiaries of government schemes will receive their payments directly into these accounts.
  • Each household will receive Rs. 5000 overdrafts, just for the women’s accounts.
  • The National Mission for Financial Inclusion, or Pradhan Mantri Jan-Dhan Yojana (PMJDY), aims to ensure affordable access to financial services such as banking, savings/deposit accounts, remittance, credit, insurance, and pension.
  • Any bank branch or Business Correspondent (Bank Mitra) location can help you open an account.
  • Accounts created under PMJDY are created with no balance.
  • The account holder must meet the minimum balance requirements in order to receive a chequebook.
  • So far, 38.22 crore beneficiaries have deposited money in banks, totalling Rs 117,015.50 crore in beneficiaries’ bank accounts.

Eligibility Criteria for Applying the Scheme

  • The applicant must open a new bank account for the first time.
  • The applicant can only profit from this plan if he is the head of the family or an earning member of the family and his age is between 18 and 59 years.
  • Employees of the federal or state governments are not eligible for this program.
  • This scheme does not apply to retired central or state government personnel.
  • This system is not available to taxpaying citizens.
  • Those who apply for Prime Minister Jan Dhan Yojana between January 15, 2014, to January 26, 2015, will be eligible for life insurance coverage.

How to Apply for the Pradhan Mantri Jan Dhan Yojana?

  • Interested citizens of the country who want to open an account under the Pradhan Mantri Jan Dhan Yojana 2023 should visit their nearest bank.
  • After visiting the bank, you will be given an application form for opening a Jan Dhan account.
  • After completing the application form, you must fill out all of the requested information.
  • After filling out all of the information, you must attach all of your required documents to the application form.
  • And, submit it to the bank’s official to create a bank account.

Required Documents to Apply for the PM Jan Dhan Yojana

  • Applicant’s Aadhaar Card / Identity Card / Driving License / PAN Card
  • Mobile Number
  • Passport-Size Photo
  • Address Proof

Number of Accounts under PMJDY So Far

Our Prime Minister, Narendra Modi, launched the Pradhan Mantri Jan Dhan Yojana on August 15, 2014. This initiative aims to open a bank account for every citizen of the country. So that all banking services are available to the residents of the country. More than 42 crores and 55 lahks Jan Dhan accounts were opened in the country up to June.

Due to the country’s lockdown, Rs. 500 is being sent to the Jan Dhan accounts of women from low-income families. This plan deposited Rs 1.20 lakh crore in the accounts of underprivileged women throughout the country until April 1, 2020. On April 8, a total of Rs 1,27,748.43 crore had been deposited in the accounts of 38.12 crore women.

We have shown the number of accounts opened in rural and urban areas, as well as the amount deposited and RuPay cards issued. Read the detailed information provided below.

Type of BankIn RuralUrban MetroRural WomenAmount Deposited in CroresRuPay Card Issued
Public Sector Bank16.4614.0516.1193919.97 24.57
Regional Rural Bank5.471.093.7221331.803.59
Private Sector Bank0.700.560.673182.641.15

PM Jan Dhan Life Insurance Cover Scheme

If the beneficiary is involved in an accident, a cover of 1,00,000 is provided, and if the beneficiary dies, financial help of 30,000 is provided to the beneficiary’s family. The beneficiary can only benefit from life insurance if he created his account for the first time under the Pradhan Mantri Jan Dhan Yojana between 15 August 2014 and 26 January 2015.

Pradhan Mantri Jan Dhan Yojana New Update

The Pradhan Mantri Jan Dhan Yojana was established in order to provide financial services to all citizens of the country. This scheme has benefited many inhabitants of the country. As part of the Pradhan Mantri Jan Dhan Yojana, a new calling service is now accessible. Account holders can obtain any type of account information by dialling a toll-free number. This calling service will be toll-free, with distinct numbers provided for each state in the country. This will save time and money while increasing system transparency.

How to Check Jan Dhan Account Balance?

Normally, beneficiaries can visit the bank to check their Jan Dhan account. But visiting banks becomes difficult due to the pandemic. So, the bank has streamlined the process of checking the bank balance. You can check your Jan Dhan account balance in below-given two ways.

Visiting the Portal

  • Visit the official PFMS website. The official website’s home page will appear after you visit it.
Pradhan Mantri Jan Dhan Yojana Official Site
  • Know Your Payment is an option on this home page. You must choose this option. The next page will appear after you click the option.
  • On this page, enter your bank name and account number. The account number must be entered twice here. Following the account number, you must enter the Captcha Code.
  • Then, click Send OTP To Registered Mobile Number. After receiving this OTP on your phone number, input it to check your bank balance.

Giving a Missed Call

  • You can also check your Jan Dhan amount by giving a missed call.
  • If your Jan Dhan account is with the State Bank of India, you can give a missed call at 8004253800 or 1800112211 to check the amount.
  • However, you must make a missed call from your registered phone number to check the Jan Dhan amount.

Bank Login Process of Jan Dhan Yojana Website

  • Go to the official website “Pradhan Mantri Jan Dhan Yojana”.
  • On the home page, select the “Right To Us” tab.
  • Now you must click on the link for “Bank Login.”
  • A new page will appear, prompting you to enter your user ID and password.
  • After that, click the “Sign in” button to log in to your bank account.

Factors of Pradhan Mantri Jan Dhan Yojana

  • Access to Banking Facilities – They are attempting to place each district in SSA, which stands for the sub-service area, with at least one to two thousand homes serviced within a 5 km radius.
  • Basic Banking Facility – He aimed to open at least one bank account in every unbanked family to instil the culture of banking habits in each household and persuade them to save their hard-earned money in a bank account.
  • Financial Literacy Initiative – To teach kids financial literacy so that they can use ATM cards and understand their benefits.
  • Micro Credit – After opening the account and operating it satisfactorily for the next six months, you are entitled to a credit facility of Rs.5000, and the bank will ask you for any sort of security, purpose, or usage of the credit in exchange for this. I will not request it.
  • Micro Insurance Facility – All BSBD (Basic Savings Bank Deposit) account holders are eligible for micro insurance through this facility, and there are two insurance plans available.
  • Prime Minister Jeevan Bima Yojana – The beneficiary would receive a Rs 2 lakh life insurance policy for a yearly cost of Rs 330.
  • Pradhan Mantri Suraksha Bima Yojana (PMSBY) – The Pradhan Mantri Suraksha Bima Yojana will provide you with an accidental cover of Rs 2 lakh for a yearly premium of Rs 12.
  • RuPay Debit Card – When you open an account, you will receive a RuPay Card (ATM Card) with Accidental Insurance of Rs 2 lakh.

Download Process of Account Opening Form & Life Cover Claim Form

Account Opening Form DownloadLife Cover Claim Form Download
Visit the official website of PM Jan Dhan Yojana.
You must navigate to the section of the “e-document” on the home page.
After that, depending on your needs, select “Account Opening Form – Hindi” or “Account Opening Form – English.”
Click on it, and select the “download” option.
Visit Jan Dhan Yojana’s official website.
On the home page, you must select the “PMJDY insurance cover” option.
After that, you must select the “claim form” option.
The form will appear in front of you, now select the “download” option.

Pradhan Mantri Jan Dhan Yojana 2023 Game Changer

  • This plan has aided many underprivileged in the country. PM Modi went on to say, ‘Because, to the Pradhan Mantri Jan Dhan Yojana, the future of crores of families has been ensured, the majority of them are from rural areas and are women,’ who worked on the project.
  • Prime Minister Jan Dhan Yojana 2023, with a deposit of Rs 1.31 lakh crore.
  • 63.6% of all accounts opened under this scheme have been opened in rural regions, with 55.2% of account holders being women.
  • Debit cards are now available for Jan Dhan accounts.

Contact Information

Contact Number1800110001, 18001801111
Nodal Agency AddressPradhan Mantri Jan Dhan Yojana, Department of financial services, Ministry of Finance, Room number 106, 2nd floor, Jeevandeep building, Parliament Street, New Delhi-110001

Frequently Asked Questions

1) What is the Pradhan Mantri Jan Dhan Yojana scheme?

The Pradhan Mantri Jan-Dhan Yojana (PMJDY) is the National Mission for Financial Inclusion that aims to provide inexpensive access to financial services such as basic savings and deposit accounts, remittance, credit, insurance, and pension.

2) Who is eligible for the Jan Dhan Yojana Scheme?

The Jan Dhan Yojana scheme is open to all Indian citizens.

3) How much money is arriving through Jan Dhan Yojana?

Accounts linked to an Aadhaar card would receive a Rs 5000 overdraft facility after 6 months, as well as an integrated accident insurance cover of Rs 1 lakh in RuPay Debit Card and RuPay Kisan Card.

4) Which bank has the greatest Jan Dhan account?

Under this initiative, Axis Bank has launched a savings account in accordance with the policies of the Pradhan Mantri Jan-Dhan Yojana.

5) What is the Jan Dhan account limit?

Previously, the charge was Rs 5000, but the government has raised it to Rs 10,000. The maximum age limit for this account’s overdraft capability is 65 years.

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