41.75 crore bank accounts opened under Pradhan Mantri Jan Dhan Yojana

Today, the government announced that total accounts of 41.75 crore rupees were opened under PMJDY(Pradhan Mantri Jan Dhan Yojana), of which 35.96 crore rupees are working accounts.

This was stated by Anurag Singh Thakur, Union Minister of State for Financial and Corporate Affairs in a written response to a question in Lok Sabha today.

The government collected data from Public Sector Banks (PSBs) including Regional Rural Banks (RRBs)] and 14 major Private Sector Banks, as of January 27 this year.

Under Pradhan Mantri Jan Dhan Yojana (PMJDY), a bank account can be opened with any bank branch or Business Correspondent (BC), including Private Sector Banks.

Anurag Thakur said: “The total number of Pradhan Mantri Jan Dhan Yojana accounts opened by PSBs (including funded RRBs) and 14 large private sector banks are Rs 40.48 crore and Rs 1.27 crore respectively.

Anurag Thakur provided further details and stated that the accounts opened under Pradhan Mantri Jan Dhan Yojana are Savings Bank Deposit Accounts (BSBD).

According to the RBI guidelines of June 10, 2019, banks are required to offer the following minimum banking facilities, free of charge, to BSBD account holders, without any minimum balance requirement.

• Deposit cash at bank branches and ATMs / CDMs
• Receipt/credit funds through any electronic channel or by depositing/collection of checks issued by central / state government agencies and departments.
• There is no limit to the amount and amount of deposits that can be made per month.
• At least four withdrawals per month, including ATM withdrawals
• ATM card or Debit card