Published 15:18 IST, March 27th 2020
How to open Jan Dhan Yojana account? Eligibility, application process, etc explained
How to open Jan Dhan Yojana account Online? Learn what are the criteria and everything you need to know while opting for PMJDY Zero balance account. Find out.
- Tech
- 3 min read
The Pradhan Mantri Jan Dhan Yojana is a step towards overall financial inclusion. It was started in August 2014. The main reason for implementing this initiative is to make sure that every individual/family should have at least one bank account. There is a certain criteria that is needed to be fulfilled by the people to create their PMJDY account.
What is Jan Dhan Yojana?
Pradhan Mantri Jan-Dhan Yojana (PMJDY) is National Mission for Financial Inclusion to ensure access to financial services, namely, Banking/ Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension in an affordable manner for everyone. The PMJDY account can be opened in any bank correspondent or Bank Mitr outlet. Accounts which are opened under PMJDY are Zero balance accounts. However, if the account-holder wants to get a cheque book, he/she will have to fulfil minimum balance criteria.
How to open Jan Dhan Yojana Account?
Jan Dhan Yojana Eligibility
To open a Basic Savings Bank Deposit Account (BSBDA) with zero balance under Pradhan Mantri Jan Dhan Yojana, a person needs to fulfil the below criteria:
- A person needs to be a citizen of India
- Age should be 10 years and above
- Do not have a bank account
Documents required for Jan Dhan Yojana Account
A PMJDY account can be opened by providing any of the below documents:
- Passport
- Driving licence
- PAN card
- Aadhaar card
- Voter’s identity card
- Job card issued by NREGA signed by an officer of the State Government
- ID card with photograph issued by Central/State Government Departments, Statutory/Regulatory Authorities, Public Sector Undertakings, Scheduled Commercial Banks, and Public Financial Institutions; or
- A letter with a duly attested photograph of the person issued by a Gazetted officer
Note: An individual can open a ‘Small Account’ with the bank by submitting a self-attested photo and signing or giving thumbprint in the presence of a bank official if they do not have any valid document to submit for PMJDY.
Jan Dhan Yojana Account Opening Form
A person needs to fill an application form with the required documents. The form is small and easy to fill which only requires the following details to be filled in-
- Basic details like Name, Address, Aadhaar number, PAN, occupation
- Annual income
- Number of dependents
- Details of assets, if any
- Existing bank account details of any family member/household
To download English form, visit https://www.pmjdy.gov.in/files/Forms/account-opening/English.pdf
To download Hindi form, visit https://www.pmjdy.gov.in/files/Forms/account-opening/Hindi.pdf
Banks offering BSBDA service
You can visit any of the below public-sector banks’ branch to open the Jan Dhan Yojana account:
- State Bank of India (SBI)
- State Bank of Bikaner & Jaipur,
- State Bank of Hyderabad,
- State Bank of Mysore, State Bank of Patiala,
- State Bank of Travancore
- Bank of Baroda (BoB)
- Andhra Bank
- Bank of Maharashtra
- Bank of India (BoI)
- Canara Bank
- Corporation Bank
- IDBI Bank
- Indian Bank
- Punjab National Bank (PNB)
- Central Bank of India
- Vijaya Bank
- Punjab & Sind Bank, Bank
- Syndicate Bank
- Dena Bank
- Allahabad Bank
- Union Bank of India
- Oriental Bank of Commerce (OBC)
Which private sector banks provide Jan Dhan Yojana Account
- ICICI Bank Ltd.
- Axis Bank Ltd.
- HDFC Bank Ltd.
- Federal Bank Ltd.
- IndusInd Bank Ltd.
- ING Vysya Bank Ltd.
- Karnataka Bank Ltd.
- Kotak Mahindra Bank Ltd.
- YES, Bank Ltd.
- Dhanalaxmi Bank Ltd.
Updated 15:18 IST, March 27th 2020