Pradhan Mantri Jan Dhan Yojana • Prime Minister Narendra Modi opened a record 1.5 crore bank accounts across the country to mark the launch of the Pradhan Mantri Jan Dhan Yojana (PMJDY) aimed at financial inclusion of all Indians. The scheme has been started with a target to provide universal access to banking facilities starting with Basic Banking Accounts with the facilities like – • The scheme aims to ensure that every household has at least two bank accounts. • Each of the bank accounts which are opening comes with a RuPay debit card. • Rs.1 lakh accident insurance cover and an additional Rs. 30,000 life insurance cover. • Overdraft facility of Rs.5000 after six months These benefits will apply to all accounts opened before January 26, 2015. • The Government of India organised a programme of a large scale at over 77,000 locations — with the participation of Chief Ministers, Union Ministers, government and bank officials. • The initial target of the PMJDY was to open bank accounts for 7.5 crore families within a year. What type of Identification Proof and Address Proof needs to be submitted ? The Reserve Bank of India has simplified KYC Guidelines and the documents needed to open a new bank account. The following identification proofs can be used to open a new bank account. • Voter id card, • Driving license, • Passport, • PAN Card, • Aadhaar Unique Id, • NREGA Job card attested by State Government Official. All private and public sector banks are a part of Pradhan Mantri Jan Dhan Yojana (PMJDY) Some of India’s large Nationalised banks are taking part in PMJDY. They are: • Bank of Baroda • Bank of India • Canara Bank • Corporation Bank • IDBI Bank • Indian Bank • Punjab National Bank • Union Bank of India • State Bank of India & it’s affiliates. • Oriental Bank of Commerce Top Private-sector banks taking part in PMJDY are : • Axis Bank • Federal Bank • HDFC Bank • ICICI Bank • IndusInd Bank • ING Vysya Bank • Karnataka Bank • Kotak Mahindra Bank • YES Bank • Dhanalakshmi Bank
Posted on: Sat, 30 Aug 2014 20:01:36 +0000
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