PRADHAN MANTRI JAN-DHAN YOJNA IS LAUNCHED FOR ALL CITIZENS TO HAVE AN ACCOUNT

Pradhan mantri jan-dhan yojna is launched by the Honorable Prime Minister Narendra Modi fir the benefit of the citizen of India so that every citizen of India must have at least one account so that they can save their money and get interest benefit in this money. Due to this policy beneficiary will get 5000 rupees after the continuous operation of the account and check book will also be issued on the demand of the beneficiary if certain amount is maintained by the beneficiary. This account is loaded with number of benefits which prime minister will announce one by one.

LOAN BENEFIT UNDER PRADHAN MANTRI JAN-DHAN YOJNA

Under jan-dhan yojna,account holders will get number of benefits like interest on the savings form government, checkbook facility and ATM card. People having account under pradhan mantri jan-dhan yojna will get loan of up to Rs 5000 if they operate their account successful for 6 months. This loan facility of Rs 5000 is called as overdraft facility and women will get this facility first on the priority basis. Overdraft facility is helpful in the emergency situations as it

help to get instant cash of Rs 5000 but only condition is that the account must be 6 months old and must be operational.

LIFE INSURANCE UNDER THIS SCHEME

People opening account under this will get ample number of benefits under this scheme, people having account under this policy will get interest in their savings in their account, beneficiary will get life insurance of rupees 30,000 which will be given to the family of the beneficiary after the death of the beneficiary, there will be accidental insurance cover as well which will of rupees 1 lakh. All these benefits are announced by the Honorable prime minister under Jan-dhan yojna and it will connect all the citizen of India by giving them bank accounts.

JAN DHAN YOJNA IS THE BEST SCHEME

After Pradhan mantri ujjwala yojna, this is one of the best concept ever launched by a prime minister as this will benefit large number of people of our country who doesn’t have an account. People opening account under this scheme will get accidental insurance of 1lakh rupees, life cover of 30000 rupees according to which money will be given to the family of the beneficiary after the death of the beneficiary and many benefits will be instantly transferred to the account of the beneficiary. All these benefits make this policy one of the best step ever taken by the prime minister.

WITHDRAWAL FROM THIS GOVERNMENT SCHEME

This is one of the best policy for the citizen, no one would ever want to withdraw from this scheme if somehow due to any reason if someone wants to withdraw from can withdraw any time he wants. For withdrawal from this scheme a person need to write an application to bank stating the reason for the withdrawal, if bank accepts this application then account will be closed and withdrawal front the policy will be done by the bank officials. In this way a person can withdraw from jan dhan yojna