The National Mission of Financial Inclusion named as the Pradhan Mantri Jan Dhan Yojana seeks to integrate the poorest of the poor with bank accounts. The PM Jan Dhan Yojana (PM-JDY) was launched in 2014. Salient features of the scheme The scheme initially focused on providing a bank account to “every household.”All households across the country - both rural and urban were to be covered under the scheme. In 2018, its focus expanded to ensure that “every unbanked adult” had access to a bank account, thereby widening the reach of financial inclusion. PMJDY accounts are basic bank account—with zero balance requirements and no maintenance charges. All bank accounts opened under the scheme are to have an overdraft (OD) facility of Rs 10,000 for Aadhar-linked accounts after satisfactory operation in the account for 6 months. There will not be any conditions attached for OD upto Rs 2,000. Age limit for availing OD facility is 18-65 years. Issuance of RuPay Debit Card with inbuilt Rs 2 lakh personal accident (death or permanent total disability) and Rs. 1 lakh (permanent partial disability) insurance cover. The increased coverage amount of Rs. 2 lakh is for PMJDY accounts opened after 28.08.2018. PM-JDY accounts are eligible for Direct Benefit Transfer (DBT), Pradhan Mantri Jeevan Jyoti Bima Yojana (PM-JJBY), Pradhan Mantri Suraksha Bima Yojana (PM-SBY), Atal Pension Yojana (APY), Micro Units Development & Refinance Agency Bank (MUDRA) scheme. Implementation of the scheme The mission implementation phases are as follows. Phase I - 15 August 2014 - 14 August 2015 Universal access to banking facilities for all households across the country through a bank branch or a fixed point Business Correspondent (BC) within a reasonable distance. To cover all households with atleast one basic banking account with RuPay Debit Card with inbuilt Rs 1 lakh accident insurance cover. Financial literacy programme to be taken to the village level. Expansion of Direct Benefit Transfer under various government schemes through bank accounts of the beneficiaries. Issuance of Kisan Credit Card is also proposed Phase II - 15 August 2015 - 14 August 2018 Providing micro-insurance to the people. Unorganised sector pension schemes like Swavalamban through the Business Correspondents. Phase III - beyond 14 August 2018 The flagship financial inclusion program (PMJDY) to focus on opening accounts from "every household to every adult". Over Draft (OD) limit of Rs 5,000 raised to Rs 10,000. There will not be any conditions attached for OD upto Rs 2,000. Age limit for availing OD facility to be revised from 18-60 years to 18-65 years. Under the expanded coverage from "every household to every adult", accidental insurance cover for new RuPay card holders to be raised from Rs 1 lakh to Rs 2 lakh to new PMJDY accounts opened after 28.08.2018. What documents are required to open the account? Documents required for opening a PM-JDY account include: Aadhaar card Government ID proof- voter ID, PAN card or ration card Permanent address proof- passport, driving licence, electricity, telephone or water bill Passport-size photograph Duly filled and signed PMJDY account opening form Any other document notified by the Government. Anybody desirous of opening an account can submit the application form to the nearest bank branch/bank mitr for opening the account, it said. To access the account opening form,visit https://pmjdy.gov.in/. Present status of PMJDY implementation Whom to contact Nodal Officers SLBC Convenors Lead District Managers General Manager (FI) General Manager (IT) Nodal Officers of DFS for SLBC National Toll Free Number - 1800 11 0001 and 1800 180 1111 State-wise Toll Free Number Jan Dhan Darshak App (JDD App) JDD App is a mobile application which provides a citizen centric platform for locating banking touch points such as bank branches, ATMs, Banking Correspondents (BCs), Indian Post Payment Banks etc. in the country. Over 13 lakh banking touchpoints have been mapped on the JDD App. The facilities under Jan Dhan Darshak App could be availed as per the need and convenience of common people. This app is also being used for identification of villages which are yet to covered by banking outlets within 5 km radius. These identified villages are allocated to various banks by concerned SLBCs for opening of banking outlets. The efforts have resulted in a significant decrease in number of uncovered villages. FAQs on Pradhan Mantri Jan Dhan Yojana Whether Joint account can be opened in Pradhan Mantri Jan-Dhan Yojana?Yes, joint account can be opened. What is RuPay Debit Card?Rupay Debit Card is an indigenous domestic debit card introduced by National Payment Corporation of India (NPCI). This card is accepted at all ATMs (for cash withdrawal) and at most of the PoS machines (for making cashless payment for purchases) in the country. If both husband and wife who are opening accounts under PMJDY are eligible for Accidental Insurance Cover of Rs.2.00 lac and overdraft facility of Rs.10,000/- in both the accounts separately?Accidental Insurance cover of Rs.2.00 lac will be available to all account-holders. However, overdraft facility upto Rs.5000/- will be available to only one person in the family (preferably lady of the house). What documents are required to open an account under Pradhan Mantri Jan-Dhan Yojana? If Aadhaar Card/Aadhaar Number is available then no other documents is required. If address has changed, then a self certification of current address is sufficient. If Aadhaar Card is not available, then any one of the following Officially Valid Documents (OVD) is required: Voter ID Card, Driving Licence, PAN Card, Passport & NREGA Card. If these documents also contain your address, it can serve both as “Proof of Identity and Address”. If a person does not have any of the “officially valid documents” mentioned above, but it is categorized as "low risk" by the banks, then he/she can open a bank account by submitting any one of the following documents: Identity Card with applicant‟s photograph issued by Central/State Government Departments, Statutory/Regulatory Authorities, Public Sector Undertakings, Scheduled Commercial Banks and Public Financial Institutions; Letter issued by a gazette officer, with a duly attested photograph of the person. Whether Cheque Book will be issued in accounts opened under PMJDY?In PMJDY accounts are being opened with Zero balance. However, if the account-holder wishes to get cheque book, he/she will have to fulfill minimum balance criteria, if any, of the bank. Can a minor (below 18 years of age) open an account under PMJDY?A minor of above the age of 10 years can open his / her Savings Bank account in any bank. Can I get my PMJDY account transferred to other City / State upon my transfer posting to other States?All banks participating in PMJDY are on CBS (Core Banking Solution) platform and the account can easily be transferred to any branch of the bank in any city/town as per the request of the account-holder. Source : Department of Financial Services, Ministry of Finance, GoI Related Resources Progress report of Pradhan Mantri Jan- Dhan Yojana Bank Account opening form - English, Hindi Website of Pradhan Mantri Jan-Dhan Yojana