What is PM Jan Dhan Yojana and Who is Eligible for It?

There’s a bank for everyone but not everyone has a bank account. India is the second country after China with the highest unbanked population. The reason could be many but the solution is one- PM Jan Dhan Yojana.

Prime Minister Narendra Modi started a scheme that benefits the greatly poor and financially weak population of India. The main of this yojana was not limited to providing monetary benefits but also giving them banking facilities, insurance, and pension facility.

However, not anyone can open an account as per this scheme. Check the eligibility criteria, documents required, and banks that are eligible under PMJDY.

Pradhan Mantri Jan Dhan Yojana- Commencement and Goal

Benefits of the PMJDY Scheme

Although anyone can get the facilities mentioned under this scheme, they should meet a few requirements. These are as follows:

• You are eligible if you are a permanent citizen of India
• Your age should not be less than 10
• You don’t have a bank account before applying to this scheme

What are the Documents Needed For Opening PMJDY Account?

• Passport
• Voter ID
• Aadhar card
• PAN card
• Driving license
• NREGA card
• Any ID card issued by the department of state or central government. If you don’t have this, then an identity card issued by public financial institutions or scheduled commercial bank is also eligible
• A letter of opening bank account attested by Gazetted Officer along with attested photo

Steps for Opening PM Jan Dhan Yojana Account