Pradhan Mantri Jan Dhan Yojana announced by PM Narendra Modi on August 2014

PM Narendra Modi announced PRADHAN MANTRI JAN DHAN YOJANA (PMJDY) to organize more than 60,000 Camps on Day of PRADHAN MANTRI JAN DHAN YOJANA Launch. Event is going to launch on 28th August, 2014.

PRADHAN MANTRI JAN DHAN YOJANA is launching at Vigyan Bhawan, Delhi India by Prime Minister Narendra Modi. Recently Prime Minister has announced people to open Bank Accounts on Independence Day. PMJDY provides facility for Household Bank Account and Insurance Cover.  

Each Accountholder will get facility of Debit Card like “RUPAY DEBIT CARD”, which helps to cover Accident Insurance up to Rs. 1, 00,000 Lakh. In Second Phase Accountholder will have facilities of Pension Products, Life Insurance Cover, Overdraft, SUBSIDY Benefit etc.

Indian Government aims to open around 1 Crore Bank account on the first day of PRADHAN MANTRI JAN DHAN YOJANA.