🏦 Pradhan Mantri Jan Dhan Yojana (PMJDY) – Complete 2025 Guide
Pradhan Mantri Jan Dhan Yojana (PMJDY) is the world’s largest financial inclusion program launched by the Government of India in August 2014. Its goal is to provide universal access to banking facilities by opening zero-balance bank accounts for every household and ensuring financial literacy, credit, insurance, and pension access.
🌟 Objective of PMJDY
PMJDY was introduced to bring every unbanked citizen into the formal banking system. The scheme ensures that every Indian, especially from rural and economically weaker sections, has access to a bank account, debit card, and government subsidies directly through DBT.
- Ensure universal access to banking facilities.
- Provide a basic savings bank account with zero minimum balance.
- Issue RuPay debit card to account holders.
- Enable direct benefit transfer of government subsidies.
- Promote financial literacy and digital transactions.
✅ Key Benefits
- Zero-balance savings account for every citizen.
- Free RuPay Debit Card issued to the account holder.
- Accidental Insurance Cover of ₹2,00,000.
- Life Cover of ₹30,000 (for eligible accounts opened before cut-off dates).
- Overdraft facility up to ₹10,000 (after satisfactory operation for 6 months).
- Direct Benefit Transfer (DBT) of government subsidies like LPG, pensions, MNREGA wages.
👩👩👧 Eligibility Criteria
- Any Indian citizen aged 10 years or above can open a PMJDY account.
- Minors can open accounts with guardian’s supervision.
- No requirement of minimum balance.
- Only one account per person is allowed.
- Even those with existing savings accounts can open PMJDY account with basic features.
📄 Documents Required
- Aadhaar Card (preferred document for e-KYC)
- Voter ID / PAN Card / Passport (if Aadhaar not available)
- Recent passport-size photograph
- Proof of residence if address not updated in Aadhaar
🏦 Where to Open PMJDY Account
- Any nationalized bank branch (SBI, PNB, Bank of Baroda, etc.)
- Regional Rural Banks (RRBs)
- Cooperative Banks participating in PMJDY
- Bank Mitra / CSP (Customer Service Point) outlets in villages
🖥️ Step-by-Step Account Opening Process
- Visit the nearest bank branch or CSP point.
- Ask for the PMJDY account opening form or download from pmjdy.gov.in.
- Fill in personal details like name, address, Aadhaar number, occupation.
- Attach self-attested copies of documents and photograph.
- Submit the form and complete biometric verification if required.
- Receive passbook and RuPay debit card after account activation.
💳 RuPay Debit Card & Insurance
Every PMJDY account holder receives a RuPay debit card which can be used at ATMs, PoS terminals, and online transactions. This card comes with:
- Accidental Death Insurance Cover – ₹2,00,000 (for active card users)
- Free ATM withdrawals (as per bank’s policy)
- PIN-based secure transactions
💰 Overdraft Facility
PMJDY accounts that are operated satisfactorily for at least 6 months are eligible for an overdraft facility up to ₹10,000. This is especially helpful for rural households for emergency expenses.
| Criteria | Details |
|---|---|
| Minimum Account Age | 6 Months |
| Credit History | Satisfactory transactions required |
| Maximum Limit | ₹10,000 |
| Interest Rate | As per bank norms |
📊 PMJDY Achievements (2025)
- Over 52 crore accounts opened since launch.
- Over ₹2 lakh crore deposits mobilized.
- 95% account holders have RuPay cards activated.
- DBT enabled in more than 90% accounts.
📞 Helpline & Grievance Redressal
PMJDY National Toll-Free Numbers:
1800-180-1111 (SBI) | 1800-180-2222 (Other Banks)
Email: pmjdy-mof@nic.in
Official Website:
pmjdy.gov.in
❓ Frequently Asked Questions (FAQs)
1. Is there any charge to open PMJDY account?
No, opening a PMJDY account is completely free.
2. Can I have a normal savings account and PMJDY account together?
No, you can only hold one basic savings account. You may convert your existing account to PMJDY account.
3. What happens if I don’t use my RuPay card?
You may lose eligibility for accidental insurance cover if the card remains inactive for more than 90 days.
4. Can I get a cheque book?
Yes, cheque books can be issued at bank’s discretion after account operations are satisfactory.
5. Are there any hidden charges?
No, there are no hidden charges. All services under PMJDY are free of cost except normal banking charges.