PM Jan Dhan Yojana: The government launched the Pradhan Mantri Jan Dhan Yojana (PMJDY) in 2014 to connect the financially weaker sections of society with banking services.
The goal of this scheme was to ensure that every citizen has a bank account so that government benefits can be directly transferred. But do you know that some people are not eligible to open an account under this scheme?
Who Cannot Open a Jan Dhan Account?
Since this scheme is designed mainly for the poor and underprivileged, some people have been excluded from it:
People working in central or state government jobs are not allowed to open a Jan Dhan account.
Individuals who pay income tax are also not eligible for this scheme.
People who are financially well-off cannot open this account.
Anyone who is already receiving benefits under other government schemes is not permitted to open a Jan Dhan account.
Who Can Open a Jan Dhan Account?
Any Indian citizen aged 10 years or above can open a Jan Dhan account. However, insurance benefits under this scheme are only available to those between 18 and 59 years of age.
This account can be opened with zero balance, meaning there is no need to keep a minimum amount in it. The main aim of PMJDY is to include poor families in the formal banking system.
Benefits of Opening a Jan Dhan Account
A Jan Dhan account comes with several helpful features:
Accidental insurance coverage of more than ₹1 lakh.
Death benefit of ₹30,000 in case of the account holder’s death.
Facility to use a RuPay debit card.
Option to deposit and withdraw money easily from the bank.
Direct transfer of government subsidies to the account.
How to Open a Jan Dhan Account?
Step 1: Visit any nearby government or private bank and ask for the Jan Dhan Yojana account opening form.
Step 2: Fill in the form and attach photocopies of your Aadhaar card, address proof, and other necessary documents. Also carry the original documents for verification.
Step 3: Submit the completed form to the bank officer. After document verification, your account will be opened in a few days.
The Pradhan Mantri Jan Dhan Yojana is more than just a simple bank account. It is a big step by the government to bring millions of people into the banking system.
This account gives financial safety and easy access to various government schemes. If you haven’t opened a Jan Dhan account yet, you can still do it and enjoy its benefits.
