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

Follow:

null | Image: self

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.

Also Read | Yes Bank Board of Directors reconstituted; administrator Prashant Kumar named as MD & CEO

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-