But the sudden decision was a big problem to all the people. It is important for every citizen to start saving even a small amount to ensure a dignified old age. Account holders can avail a cheque book from their bank if they require. The Jan Dhan Yojana aims at revolutionizing the way banking is done in the country and it aims to help the economically weaker sections of the society to become financially confident. India is a country which is still counted as the developing country because of the backwards conditions of the people living in the rural areas. The scheme will be beneficial for the poor.

Other State Governments also flagged-off this scheme. On the day of Inauguration Mr. The Times of India. There are many advantages of Jan Dhan Yojana. Letter to your father describing how you are helping the household in his absence, Informal letter for Class 9, Class 10, Class

Essay For SSC CHSL Tier II (Descriptive Paper) – Jan Dhan Yojana

Maharishi Markandeshwar University Apply Now. This is certifiably the largest exercise of this nature on a single day across the globe.

short essay on pradhan mantri jan dhan yojana

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Jan dhan yojana

Retrieved 19 February It became a big burden for all common people, business people, offices etc. This scheme was announced by Mr.

short essay on pradhan mantri jan dhan yojana

Address proof either current or permanent. In his first Independence Day address as the Prime Minister of India, Narendra Modi announced that his government would ensure that all the citizens of India have access to bank accounts and debit cards.


After completing six months of satisfactory operations of the Jan Dhan account, an overdraft facility of Rs. Shiv Nadar University Apply Now.

Born a princess, now a storyteller. Now the shoet way to get cash, or exchange old notes with the new one is done by only banks and post offices.

It will help in saving money and keeping it safe and secure. A democracy in its yonana sense gives every person in it the right to basic needs and access to institutional and economic reforms.

Under the Jan Dhan scheme, any individual who is older than 10 years of age and does not possess a bank account can open one in his or her name with an opening deposit of zero.

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Pradhan Mantri Jan Dhan account can be used to transfer money to and from various other public and private banks across the country. Such account is called Small Account. The first phase is likely to last till Augustwhile the second phase till In addition, while the Indian Government was actively attempting to promote financial inclusion through this scheme, the Reserve Bank of Indiapermitted banks to charge customers for conducting ATM transactions beyond a certain sjort of times per month.

Demonetisation was claimed as an effort to stop the current banknotes for funding terrorism and also to reduce the black money in the country.

Pradhan Mantri Jan Dhan Yojana – Wikipedia

Industry level electrical safety for home Essay. This will help the financial condition of the account holders as well as promote social security goals of the central government. The scheme is a social policy aimed at providing banking facilities to even those who do not have the money to pay for the minimum account balance at the time of account opening.


According to an analysis of various studies, “Beyond enabling account ownership and the use of financial services, the PMJDY also facilitated financial inclusion manti a variety of demographics.

Individuals who receive various benefits shirt various government schemes like LPG subsidy can now receive the amount directly into their PMJDY accounts. Usually business correspondent appointed in remote rural area where bank branches not present.

Free RuPay debit card for account. Opening of no-frills accounts: Although this number has been disputed due to the fact that banks have been depositing Re.

short essay on pradhan mantri jan dhan yojana

Retrieved 29 August However this would vary from bank to bank and account usage. PMJDY, a long felt-need National Mission on Financial Inclusion committed itself for an integrated approach to bring about comprehensive financial inclusion of all the households in the country enabling especially low ptadhan group people to get rid of moneylenders, cultivate the habit of saving, and most importantly, benefit from string of financial products and services offered by banking system.

Deposits made into the Jan Dhan accounts are eligible to earn interest at the rate declared which is subject to change from time to time.