Person will also get Aadhar number immidiately. Pradhan Mantri Jan Dhan Yojana was launched at a enormous extent to take under the purview of banking all citizens of the country; irrespective of their financial status or regional location. You can add these lines in your essays and paragraph writing in your exam as well as in the school competition. The government has opened Lovely Professional University Apply Now. Log in to add a comment. Retrieved 26 May

Every family will have its own bank account. For a better understanding, it is recommended that you open the earlier articles while reading this one. Maharishi Markandeshwar University Apply Now. Although this number has been disputed due to the fact that banks have been depositing Re. Jan Dhan Yojna creates record and Bank Accounts will enhance the economy. India, under the aegis of Mr Narendra Modi, the honourable Indian Prime Minister is witnessing the dynamic transformation in recent times. Retrieved from ” https:

We have provided another set of ten lines on Jan Dhan Yojana.

essay on pradhan mantri jan dhan yojana in english

Namrata Gupta Jan 5. Shiv Nadar University Apply Now. Writing, Reading, Singing and Mimicry are his hobbies. Out ib these accounts, Pankaj Raj Dec Every family will have its own bank account. Narendra Modi opened Pradhan Mantri Jan-Dhan Yojana all over India and it is predicted that this effective scheme may prove to be beneficial for country.

essay on pradhan mantri jan dhan yojana in english

Narendra Modi which will strengthen India through collecting revenues. These accounts, however, will be subject to certain limitations — total deposits may not exceed INR in a year and total withdrawals cannot be over INR a month.


Cannabis or marijuana has long been considered an effective way to cure different complications. The Rupay card holder must have performed at least one financial transaction successfully within 90 days from the date of accident.

This does not dnan the scheme is a failure, but does need to be corrected so that the targeted segment of society reaps optimum benefits from the scheme. According to an analysis of various studies, “Beyond enabling account ownership and the use of financial services, the PMJDY also facilitated financial inclusion for a variety of demographics. Since this topic is very vast in its context, do not go into details for such topics.

Along pradhsn the Jan Dhan bank account, every family will get a RuPay debit card.

Pradhan Mantri Jan Dhan Yojana

The scheme was targeted at the rural and unorganised sector by sending emails to banks informing them of the PMJDY scheme. Through the PMJDY, crores of people now have insurance, access to overdraft facilities and loans, and can enjoy the benefits of Aadhaar.

Many individuals who already have bank accounts may ian had accounts created for themselves, lured by the insurance covers and overdraft facilities.

essay on pradhan mantri jan dhan yojana in english

The scheme has faced a number of problems but has also proven to be a blessing for many. More articles from Sujatha:. The scheme was implemented with high targets such as opening 1 lakh accounts on the first day. Due to this, many people — who need it the most — might lose out on benefits that might crop up in the future.


Individuals whose Jan Dhan account completes 6 months are eligible to obtain loans of up to Rs. The Jan-Dhan Yojana is aimed to provide basic banking accounts with a debit card with inbuilt accident insurance. The total number of account holders stood at Opening of no-frills accounts: Various private and public banks offer mobile banking facilities to customers.

The Chief Ministers of about 20 states and several Union Ministers participated in the lauch ceremony in different cities of India.

Jan dhan yojana

Various political leaders appreciated this scheme. It will help in saving money and keeping it safe and secure. Most savings bank accounts require an initial dhaan to open a bank account and also a minimum balance to be maintained on a monthly or quarterly basis. The main purpose of the scheme is ‘Mera Khata Bhagyavidhata’, which means ‘my account is divine’.

This type of account call “Small Account”can regularized within one year. But how far it is specific, it is yet to be known. Non-financial customer-induced transactions will also be included.

As per the government notice, only those people would get the overdraft facility whose transaction record yojanna satisfactory operations in their account for some time.