All about Pradhan Mantri Jan Dhan Yojana

The Pradhan Mantri Jan Dhan Yojana was inaugurated on August 15, 2014, by Prime Minister Narendra Modi. The Jan Dhan Yojana is a unique initiative that will enhance welfare benefits in the nation while also ensuring that all residents of the country are financially linked. The initiative attempts to encourage residents to save by making savings accounts accessible to every family in the country, whether they live in an urban, semi-urban, or rural area. The scheme also includes life and accidental insurance coverage. Millions of Indians, who can’t afford insurance coverage will be able to benefit from this programme.

PM Jan Dhan Yojana allows children over 10 to create a bank account

A Jan Dhan Yojana account may be established at a public sector bank, a private sector bank, or a post office. You may also convert any other bank account (savings) into a Jan Dhan Yojana account. Any Indian citizen above the age of 10 years may create a Jan Dhan account. This initiative enables the country’s residents to become more linked to the financial system.

Life Insurance Coverage under Pradhan Mantri Jan Dhan Yojana

Consumers, who create this account get insurance coverage of Rs 1.30 lakh under this scheme. The candidate receives a sum of Rs 100,000 upon their death. Additionally, this programme includes Rs 30,000 in general insurance.  The account holder is covered up to  Rs 30,000 under this standard insurance policy in the event of an accident.

The recipient is eligible to get the benefit of life insurance only if they created their first account under the Pradhan Mantri Jandhan Yojana between August 15, 2014, and January 26, 2015.

New updates to Pradhan Mantri Jan Dhan Yojana

As part of the Pradhan Mantri Jan Dhan Yojana, a new calling feature is being made accessible. Account-holders may get information about their accounts using this calling feature. This service will be toll-free, and distinct numbers will be provided for each state in the nation.

Now, the account section may resolve any issue from the comfort of their own home by reaching this toll-free number. They will not be required to visit a bank. 

 

Unique characteristics of Pradhan Mantri Jan Dhan Yojana

• The PM Jan Dhan Yojana provides the establishment of savings accounts for the recipient.
• To participate in this programme, there is no requirement to maintain a minimum amount in the account.
• The bank also pays interest on the accounts registered through the Pradhanmantri Jan Dhan Yojana.
• The recipient is provided with a debit card under this program.
• Under the Pradhanmantri Jandhan Yojana, an accidental insurance cover of Rs 200,000 is also offered. The only condition is that you must have used a debit card to utilise this service.
• This plan also includes a life insurance policy with a face value of Rs 30,000.
• This account has an overdraft capacity of Rs.10,000. However, the account must be connected to Aadhaar to take advantage of the benefits.
• A direct benefit transfer may also be made from this account by the government.

Number of Jan Dhan Yojana accounts that have been opened so far

More than 40 million bank accounts had already been created by the Jan Dhan Yojana in 2021, and newer accounts have been made in 2022. So far, this programme has benefited 40,05 million people, and nearly Rs 1.30 lakh crore has been put into their bank accounts. The government has enhanced the accident insurance from one lakh rupees to two lakh rupees for account holders under this plan in light of its performance. 

Pradhan Mantri Jan Dhan Yojana 2022 benefits

• Any citizen of the nation is eligible to create a bank account under this plan, as is a little child up to the age of ten.
• Accident insurance of up to Rs 1 lakh will also be included in the creation of a bank account under this scheme.
• Accidental coverage up to Rs 1 lakh will also be included with the establishment of an account under the PM Jan Dhan Yojana 2022.
• Under the Jan Dhan Yojana, the recipient will get Rs 30,000 in life insurance upon their death under normal circumstances.
• It enables interested recipients to get a loan of up to Rs 10,000 with no need to establish a Jan Dhan account with any bank.
• Beneficiaries of government-sponsored programmes will receive direct payments into these accounts.
• Each household, particularly women, would be given an overdraft facility of Rs.5000.
• The accounts created under PMJDY will have a zero balance when first opened.
• To qualify for a chequebook, an account holder must meet the minimum balance requirements.
• There have been deposits of Rs 117,015.50 crore made by 38.22 million beneficiaries in banks.

Eligibility for life insurance protection

• The applicant has created a bank account for the very first time.
• This account was registered under the Pradhan Mantri Jan Dhan Yojana between 2014 and January 26, 2015.
• The applicant may only benefit from this plan if he is the family’s primary earner and if he is aged between 18 and 59 years.
• State or central government employees to benefit from this programme.
• Employees of the state or central governments who have retired are likewise barred from enrolling in this program.
• Taxpaying citizens are similarly barred from taking advantage of this initiative.

Documents required for Pradhan Mantri Jan Dhan Yojana

• Applicant’s Aadhaar card or identity card or driving licence or PAN card
• Mobile phone number
• A passport size photograph
• Address proof 

How to apply for Pradhan Mantri Jan Dhan Yojana

• Those eligible for the Pradhan Mantri Jan Dhan Yojana 2022 and who want to create an account must visit their local bank.
• After visiting the bank, you will be given a registration form to create a Jan Dhan account, which you must complete and submit. You must fill out the application form completely with all of the information required.
• After you have completed all of the information on the registration form, you must attach all of your required documents to it and submit it to the bank’s representative. Therefore, your account will be created. 

Jan Dhan Account balance check

There are two methods to check the balance of your Jan Dhan account:

• Through the portal 

1. • You must first visit the official PFMS website. 
2. 
   • Search for the Know Your Payment on the home page. Please select this option. You’ll be sent to the next page after selecting it.

• This page requires you to input your bank’s name and account number. You must input the bank details twice here. After you’ve entered your account number, you’ll be prompted to input the captcha code.
• Then click ‘Send OTP to Registered Mobile Number’. Following the receipt of this OTP on your smartphone, you may check your bank balance by providing the OTP.

 

• Via missed call

If you don’t want to use the site to check your Jan Dhan account balance, you may alternatively check it by missed call. You may contact 8004253800 or 1800112211 if you have a Jan Dhan account with State Bank of India. The only exception is that you must make a missed call from the same phone number linked to your account.

Bank login process

• Go to the Pradhan Mantri Jan Dhan Yojana’s official website.

• You must first tap on the “write to us” tab on the main page.
• Now you must click on the bank login link.

• A new section will now appear in front of you, prompting you to enter your user ID and password.
• Following that, you must click the sign-in button.
• This will enable you to log in.

Procedure for downloading the account opening form

• To begin, you must go to the Pradhan Mantri Jan Dhan Yojana’s official website.
• You must navigate to the section of e-documents from the main page.

• You must choose either the Hindi Account Opening Form or the English Account Opening Form, depending on your preference.
• As soon as you select this option, the account opening form will appear.
• Now, choose the download option.
• This will enable you to download the account opening form.

List of DFS’s Nodal Officers for the SLBC

• To begin, you must go to the Pradhan Mantri Jan Dhan Yojana’s official website.
• Now you’re on the home page. 
• Following that, you must choose the List of DSF Nodal Officers for SLBC.

• Now, a new page will load in your browser.

• On Space, you may find out about the connected subjects.

How to download a life insurance claim form?

• To begin, you must go to the Pradhan Mantri Jan Dhan Yojana’s official website.
• Now you’re on the home page. 
• You must first click on the Insurance cover under the PMJDY option on the main page.

• Following that, you must choose the claim form option.

• The form will appear on your computer screen as soon as you select this option.
• Now, you must choose the option to download.
• This is how you may get the Life Cover Claim Form.

Login procedure for SLBC

• Go to the Pradhan Mantri Jan Dhan Yojana’s official website.
• You must first click on the ‘write to us’ tab on the main page.

• Following that, you must click on the SLBC Login page.
• Now, you must click the Go to Login link.

• Following that, a login page will appear in which you must enter your login and password.

• You must now click the login button.
• This will enable you to log in.

Process of user feedback

• Go to the Pradhan Mantri Jan Dhan Yojana’s official website.
• Click on ‘write to us’ tab on the main page.

• Click on the User Feedback link.
• Following that, you’ll be presented with a feedback form. The pertinent info such as type, associated with, bank, area, applicant name, and details must be submitted.

• At this point, you must click the “save” button.
• You will be able to provide feedback in this manner.

Viewing status of feedback

• Go to the Pradhan Mantri Jan Dhan Yojana’s official website.
• You must first tap the ‘write to us’ tab on the main page.

• After then, you must click on the User Feedback link.
• Now, you must click on the Status Enquiry link.

• Following that, you must input your reference number and captcha code.
• You must now click the search button.
• Your computer’s screen will reflect the status of your feedback.

Procedure for seeing the progress report

• Go to the Pradhan Mantri Jan Dhan Yojana’s official website.
• You must first click the Progress Report link on the main page.

• The progress report will appear immediately after you click on this link.
• It includes information on the recipients.

Procedure for downloading the contact list

• Go to the Pradhan Mantri Jan Dhan Yojana’s official website.
• You must first click the contact us link on the main page.

• The contact list will appear immediately after you click this link.
• This link will provide you with contact information.

Address of the nodal agency

Pradhanmantri jandhan Yojana,

Department of financial services,

Ministry of finance,

Room number 106,

2nd floor, jeevandeep building,

Parliament Street,

New Delhi-110001

Contact Information

If you are experiencing any difficulty, you may call the National Toll Free Number for assistance. 1800110001, 18001801111 are national toll-free numbers.