Jan Dhan Yojana Update: New Benefit for Account Holder, What's Changed

Jan Dhan Yojana Pradhan Mantri Our nation's prime minister, Shri Narendra Modi, launched the JAN DHAN YOJANA on August 15, 2014. This program is one of the Government of India's successful initiatives that have helped millions of Indians. In all rural areas, the provision of financial facilities was the primary goal of the PM JAN DHAN YOJANA. During the PM JAN DHAN YOJANA, millions of Indians had access to financial services. The benefits of this initiative are being extended to an increasing number of individuals by Prime Minister Shri Narendra Modi.

Those who participate in the PM JAN DHAN YOJANA will have access to free banking services, and when creating a bank account, you will also receive 10,000 rupees. Additionally, after six months of opening the bank account, account holders whose bank account is connected to their Aadhar card are given access to a Rupay credit card and a 5,000 rupee overdraft facility. In addition, the Rupay Kisan Card offers the option to purchase accident insurance for one lakh rupees.

PM JAN DHAN YOJANA 2025

The impoverished in all of the nation's rural and urban areas will benefit from the PM JAN DHAN YOJANA 2024. In the event that a person registers an account under this initiative and later passes away for any cause, the central government will give the beneficiary's family Rs 30,000 in insurance coverage. Poor folks can simply open a bank account under this strategy. Any individual who establishes a bank account under this program will have easy access to financial aid.

Prime Minister Jan Dhan Yojana 2025

Any person can open a bank account under the Pradhan Mantri JAN DHAN YOJANA without needing any money, hence anyone can use banking services under the PM JAN DHAN YOJANA regardless of their legal status. Millions of people in the nation have been connected to services like pensions, insurance, and savings accounts through the PM JAN DHAN YOJANA, which can offer legal assistance to the populace.

Even if they have no money in their bank account, anyone can obtain an overdraft of Rs 5,000 to Rs 10,000 under the Pradhan Mantri JAN DHAN YOJANA without presenting any paperwork. Thus far, the PM JAN DHAN YOJANA has opened around 47 crore accounts. The central government gives each Jan Dhan account holder Rs 10,000. The individual receives Rs 1 lakh 30 thousand in insurance when they open this account.

PM Jan Dhan Yojana 2025 Aim

The Government of India launched the PM JAN DHAN YOJANA with the primary goal of giving all Indian residents access to financial services. The beneficiaries of this program were those who were not aware of the banking services. Almost every town in the nation has had an account opened under this program thus far. As a result, many impoverished people have also profited. Because they will also receive Rs 10,000 in assistance, this initiative is especially helpful for low-income families who are not aware of banking services.

Many services, including banking, deposit accounts, remittance, loans, insurance, pensions, and more, are made available to the public under the PM JAN DHAN YOJANA. You would need to create a bank account under the PM JAN DHAN YOJANA if you also wish to benefit from it.

Benefits of Pradhan Mantri Jan Dhan Yojana 2025

• Everyone in the nation without access to banking services will be able to benefit from the PM JAN DHAN YOJANA
• You will receive up to Rs 1 lakh in accident insurance when you open an account under the PMJAN DHAN YOJANA
• Each family would have one account with a Rs 5,000 overdraft facility.
• The purpose of the National Mission for Financial Inclusion is to guarantee that the recipients of this program have access to banking, deposit accounts, credit, insurance, pensions, and more.
• As of right now, the Indian government has sent Rs. 117,015.50 crore into the beneficiaries' bank accounts.
• To obtain a chequebook for an account you opened under the PMJAN DHAN YOJANA  you must meet the minimum balance requirements.
• Under this plan, every family—especially women—will have access to an overdraft facility of Rs 5,000 in their accounts.
• A loan of Rs. 10,000 can be obtained without any paperwork by interested beneficiaries who open a Jan Dhan account at any bank under the Pradhan Mantri Jan DHAN YOJANA

Eligibility for PM Jan Dhan Yojana 2025

You must meet the following requirements in order to open a bank account under the Pradhan Mantri Jan DHAN YOJANA This qualifies as follows:

• The applicant must be a permanent resident of India in order to open a new Jan Dhan account.
• The candidate must be older than eighteen to be eligible for this scheme's benefits.
• The candidate must be at least 65 years old to open a PM Jan Dhan account.
• Children under the age of ten can also choose to open a joint Jan Dhan account.
• Anyone can start a Jan Dhan account with no money in it.
• PMJAN DHAN YOJANA benefits are not available to central or state government employees.
• The benefits of this plan are not even available to taxpayers.

PM JAN DHAN YOJANA 2025 Documents

For your information, you must apply if you also wish to open a bank account under the PM JAN DHAN YOJANA You will require certain documents when applying for this plan; we have included the titles of those documents below.

• Aadhaar Card for Application
• Mobile Number
• Address Proof
• PAN Card
• Passport Size Photo

Important Information of PM JAN DHAN YOJANA

• You will receive interest on your money if you deposit it into a bank account that was created under the PM JAN DHAN YOJANA
• Accident insurance coverage up to Rs 1 lakh is offered under this policy.
• This plan offers Rs 30,000 in life insurance to the account holder's family in the event of his death.
  The benefits of this system are available to all Indian citizens.
• This account allows you to take money and send money to anyone.
• Each family will only have one account with overdraft protection, just for the female member.

How to open a bank account under Pradhan Mantri JAN DHAN YOJANA

Any interested Indian must visit their local bank office and get an application form in order to register a Jan Dhan account under the Pradhan Mantri JAN DHAN YOJANA 2024. After that, you must carefully read and complete all of the information requested on this form. In addition, this form must be submitted with all necessary documents attached. You must double-check this application form after completing it.

You must turn in this application to the bank officer once it has been thoroughly reviewed. Following this, your application will be reviewed, and if you are accepted, your bank account will be opened; if not, it will not be.

Conclusion

All of the information you need to know about Pradhan Mantri JAN DHAN YOJANA 2024 is contained in this article, including how to open an account, the scheme's purpose, the documents and eligibility needed to apply, and more. This article contains all of the information about to this.

Should you find this post interesting, you should forward it to your friends and relatives so they can learn more about the program and apply to benefit from it. To learn more about these plans, keep checking our website.