Banks Where You Can Open Pradhan Mantri Dhan Jan Yojana Account?

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The Pradhan Mantri Jan Dhan Yojana scheme was initiated with a aim to provide banking service or finance related service to everyone, especially those that did not have access to bank accounts.

This was all the more important given the fact that the government is looking to implement schemes like the LPG subsidy scheme where the subsidy amounts on the LPG cylinder are directly credited into the accounts of the consumer.  

Under the Pradhan Mantri Jan Dhan Yojna (PMJDY), it cover all households with atleast one Basic Banking Accounts with RuPay Debit card having inbuilt accident insurance cover of Rs.1 lakh. Click to know more on Rupay Card for Account Holders of Pradhan Mantri Dhan Jan Yojana.

Benefits covered under the scheme are an accidental Insurance Cover, Life Insurance Cover of Upto Rs 30,000, Direct Transfer of Subsidies and Other Benefits, Overdraft Facility and more. 

Banks Where You Can Open Pradhan Mantri Dhan Jan Yojana Account?

Moreover, both rural and urban areas are being covered this time as against only rural areas targeted earlier.

PMJDY is a game changer for the economy as it has provided the platform for Direct Benefits transfer which will help in plugging leakages in subsidies and thereby provide savings to the exchequer.

Rupay cards have been issued to more than 10 Crore beneficiaries who will get a benefit of personal accidental insurance of Rs. 1.00 Lac under the Yojana. Click to know more.

There are few government and public sector banks in India where you can open Pradhan Mantri Jan Dhan Yojana Account is as follows.

Here is the list of banks who are authorized to open accounts in Jan Dhan Yojana scheme:

Public Sector banks where you can open Jan Dhan Yojana scheme

  1. Allahabad Bank
  2. Andhra Bank
  3. Bank Of Baroda (BoB)
  4. Bank Of India (BOI)
  5. Bank Of Maharashtra
  6. Bhartiya Mahila Bank
  7. Canara Bank
  8. Central Bank Of India
  9. Corporation Bank
  10. Dena Bank
  11. IDBI Bank
  12. Indian Bank
  13. Oriental Bank of Commerce
  14. Punjab National Bank (PNB)
  15. Punjab & Sind Bank
  16. State Bank of India (SBI) (All it's 5 affiliated banks)
  17. Syndicate Bank
  18. Union Bank of India
  19. Vijaya Bank

Private Sector banks where you can open Jan Dhan Yojana scheme

  1. Axis Bank Ltd.
  2. Dhanalaxmi Bank Ltd.
  3. Federal Bank Ltd.
  4. HDFC Bank Ltd.
  5. ICICI Bank Ltd.
  6. IndusInd Bank Ltd.
  7. ING Vysya Bank Ltd.
  8. Karnataka Bank Ltd.
  9. Kotak Mahindra Bank Ltd.
  10. YES Bank Ltd.

Story first published: Tuesday, February 17, 2015, 10:51 [IST]
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