Prime Minister Narendra Modi-led authorities on the Centre has made a number of main modifications on the financial entrance of the nation and one such measure taken by PM Modi is the PM Jan Dhan Yojana (PMJDY). PM Jan Dhan Yojana was launched throughout the first time period of the Modi authorities. Under this scheme, the coomon citizen of the nation is given the power to open Jan Dhan account within the financial institution.
Jan Dhan account has many advantages however even as we speak many individuals are unaware of these advantages. It just isn’t identified to many Jan Dhan account holders that they will additionally obtain monetary support from the federal government throughout the time of disaster. Let’s know extra about these benfits.
Benefit of Rs 1.30 lakh below insurance coverage scheme
Every Jan Dhan account holder will get a complete advantage of 1.30 lakh rupees. It additionally consists of accident insurance coverage. The account holder is given accident insurance coverage of 1 lakh together with common insurance coverage of Rs 30,000, which is given to the account holder when he/she meets with an accident.
Benefits of opening zero steadiness account
PM Modi himself has praised Jan Dhan scheme many instances and has highlighted its advantages too. The scheme ensures entry to banking/financial savings and deposit accounts, loans, insurance coverage, pension of widespread man. This particular account with zero steadiness facility will be opened in any financial institution department close to your property.
Accident insurance coverage cowl
In this account additionally, like different financial institution accounts, you get curiosity on the deposited quantity like every other Savings Account. Customers get the power of Mobile Banking without spending a dime. In this account, the federal government gives overdraft facility of as much as Rs 10000.