Since it was launched two days ago, the Pradhanmantri Jandhan Yojana has been received enthusiastically by people all over the country, banks are witnessing an unprecedented rush and have to cope with serpentine queues of people who want to open a bank account under PMJDY scheme. People have started demanding to know if they are eligible to open a bank account under the scheme.
On the launch day of 28th August 2014, 1.5 Crore Savings Bank Accounts under PMJDY were opened against the target of 1 Crore target accounts set by the Prime Minister. Enthused by this stupendous response , Prime Minister Narendra Modi’s government has reduced the time for opening 7.5 Crore new bank accounts from 6 months to just 5 months. So the revised date for the scheme to achieve it’s target is 26th, January 2014.
Eligibility under Pradhanmantri Jandhan Yojana (PMJDY)
- Any Indian citizen is eligible to open a bank account which will be linked to his Aadhaar Unique Id. It is advisable to open only one account as opening multiple accounts is not possible and will be detected by the government.
- An address proof consisting of any document such as election voter id, valid driving license, passport, aadhaar id,nrega card can be submitted along with a passport office at the address of your nearest bank branch.
- Currently online opening of bank account and submission of address proof documents is not being accepted.
- Application forms cannot be submitted online and must be taken from your nearest bank branch office.
Pradhanmantri Jandhan Yojna Latest News
Latest news reports coming in from different parts of country indicate that the state of Orissa witnessed the opening of more than 5 Lakh bank accounts through more than 3000 enrollment camps. Encouraged by the response for PMJDY, bank officials have now decided to conduct enrollment camps every week from 8:00 am to 8:00 pm.
Mera Khata Bhagya Vidhata – Slogan catches on
The slogan of Mera Khata Bhagya Vidhata which means My Bank Account – The Good Fortune Creator has become popular with people in rural areas. People have been asking bank officials ” Mera Khata kaha hai” ?
Narendra Modi on PMJDY
At the launch function , the PM delivered an impromptu speech on the state of financial inclusion in India and how the Pradhanmantri Jandhan Yojana will benefit the country. Recalling the Nationalization of Private Banks by India’s then prime minister Indira Gandhi , he said that nationalization had failed to achieve it’s objective of bringing financially excluded people into the banking system, hence even 68 years after independence not even 68% of India’s population has access to a savings bank account.
Narrating an incident from his life, Narendra Modi said that when he was a student , officials from Dena Bank had come to his village asking students to open a Bank Account , so Narendra Modi also opened a bank account. Since he was from a financially weak background he was unable to save money. So the bank khata remained inactive for a long time and bank officials began to search for him so that they can close the bank account. Watch the speech of the Pradhan Mantri on Jan Dhan Yojna below.