Pradhan Mantri Jan Dhan Yojana (PMJDY)

Under the Government’s initiative of National Mission for Financial Inclusion, the Pradhan Mantri Jan Dhan Yojana (PMJDY) scheme was launched.Pradhan Mantri Jan-Dhan Yojana is a government scheme introduced by the government of India to assist underprivileged and needy sections of our society with simple access to financial services such as remittance, credit, insurance, pension, savings, and deposit accounts. 

OVERVIEW OF PRADHAN MANTRI JAN DHAN YOJANA

Name	PRADHAN MANTRI JAN DHAN YOJANA
Also known as	PMJDY
Launched by	Narendra Modi
Launched in	2014
Sector	Financial inclusion
Eligibility	pmjdy.gov.in/scheme
Ministry	Ministry of Finance
Aims to	to expand affordable access to financial services such as bank accounts, remittances, credit, insurance and pensions
Citizen	India
Official website	pmjdy.gov.in

OBJECTIVE AND BENEFITS OF PRADHAN MANTRI JAN DHAN YOJANA

The Prime Minister, Mr Narendra Modi introduced the Pradhan Mantri Jan Dhan Yojana scheme to promote banking and financial literacy among the lower-income group of individuals. The Government wanted to provide the poor population with a simple bank account for organized savings, access to credit facilities, insurance benefits and pension. With the advent of the scheme, the Government wanted every Indian household to have a bank account in their name. Moreover, the account was launched to provide a platform through which other Government welfare schemes could also be launched. 

HOW TO APPLY FOR PRADHAN MANTRI JAN DHAN YOJANA

To open a PM Jan Dhan Yojana account, you can approach any bank and fill up an application form for account opening. Individuals aged 10 years and above can open a PMJDY account. 

EXTERNAL LINKS

•Apply for PAN

https://incometaxindia.gov.in/Pages/tax-services/apply-for-pan.aspx