The opportunities of insurance coverage are limited in the rural areas and to most it is impossible to think of paying the premium for a policy. This has proved as a boon for people and Indian economy as every citizen started savings and help in the development of country. Answers come with explanations, so that you can learn. A lot of things are demanded of you, and oftentimes it seems like Jan Dhan Yojna creates record and Bank Accounts will enhance the economy. Pradhan Mantri Jan Dhan Yojana has been created keeping in mind the poor people, so that they develop a sense of savings, and the key to future security awakens.

Views Read Edit View history. You can always add your own information and make your content unique. Interest rates will be similar to that offered by various public and private banks. Further, these accounts have not yet added considerable profits to PSU banks. You can use these html tags: Free RuPay debit card for account.

Akalesh Kumar Yadav Jul As we all have gathered here to celebrate Christmas, I Pradhan Mantri Pmjey Dhan Yojana PMJDYis financial inclusion program of Government of India which is applicable to 20 to 65 years age group, that aims to expand and make affordable access to financial services such as bank accounts, remittances, credit, insurance and pensions.

The scheme has seen great interest among customers from both rural and urban areas. The scheme has an objective to provide two accounts to 7.

essay on pmjdy in english

Pradhan Mantri Jan Dhan Yojana is a big and important decision of the Central Government which will strengthen the foundations of the country. Jan Dhan Yojana is an account opening and money saving scheme especially made by the Indian Prime Minister, Narendra Modi for the poor people of India to connect them to the bank account and give all the benefits of the opening account.


It is important for every citizen to start saving even a small amount to ensure a dignified old age. Account holders can avail a inn book from their bank if they require. It is very necessary to increase the awareness among people about the money saving pmjey so that they can be independent and grow some confidence to do something better in the pmdjy.

The Jan Dhan scheme provides for an account for each family. The total balance in these accounts amounts to Rs.

Leave a comment Click here to cancel reply.

Essay on Jan Dhan Yojana for Children and Students

This type of account call “Small Account”can regularized within one year. Person will also get Ib number immidiately. The scheme has faced a number of problems but has also proven to be a blessing for many. Usually business correspondent appointed in remote rural area where bank branches not present.

Government schemes in India. Although the loan amount seems insignificant as compared to that offered as standard loan by various banks, it is quite substantial when we think of the economic status of individuals that this scheme is aimed at uplifting. Banasthali University Apply Now.

Pradhan Mantri Jan Dhan Yojana Essay for Students

Priyanka Kumari Jan But with a Jan Dhan account, these requirements are done away with so that anyone can open this account even if they do not have money to deposit right away. This scheme has created an unnecessary work pressure on the Banking staff. Lastly, it can be said that The Pradhan Mantri Jan Dhan Yojana is devised to assist people of India, rssay the poor sections by providing a bank account, credit facility, insurance cover and debit card.


Jan-Dhan Yojana scheme will allow government to return people’s money to them. Since this topic is very vast in its context, do not go into details for such topics. Individuals who receive various benefits under various government schemes like LPG subsidy can now receive the amount directly into their PMJDY accounts.

Pradhan Mantri Jan Dhan Yojana Essay for Students

A lot of things are demanded pmjdyy you, and oftentimes it seems like The Rupay card holder must have performed at least one financial transaction successfully within 90 days from the date of accident. A democracy in its full sense gives every person in it the right to basic needs and access to institutional and economic reforms.

essay on pmjdy in english

And if you run the account properly for six months by withdrawing and depositing money at regular intervals, then a loan of Rs 5, will be made available to you, said Swaraj. Jan Dhan Yojna will stop monetary untouchability.

essay on pmjdy in english

Pmdy best and the most significant benefit of Pradhan Mantri Jan Dhan Yojana is the provision of insurance.

Modi in his maiden Independence speech from the Red Fort on 15 th August. Experts stated that Jan Dhan Yojana is questionable viability of banking, insurance accounts, Priority versus freebies banking and it may burden on the taxpayer.

Author: admin