Pradhan Mantri Jan-Dhan Yojana (PMJDY) is a National Mission for Financial Inclusion that aims to provide inexpensive access to financial resources such as basic savings and deposit accounts, remittance, credit, insurance, and pension. Individuals who do not have any other account can open a basic savings bank deposit (BSBD) account in any bank branch or Business Correspondent (Bank Mitra) outlet under the scheme. With the RuPay card provided to PMJDY account holders, an accident insurance benefit of Rs.1 lakh (limited to Rs.2 lakh for new PMJDY accounts opened after 28.8.2018) is also available. Direct Benefit Transfer (DBT), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), Atal Pension Yojana (APY), and Micro Units Development & Refinance Agency Bank (MUDRA) schemes are available for PMJDY accounts.
Minors above the age of ten can also open a bank account under this scheme. Only one account per family, preferably the lady of the household, has access to an overdraft facility of up to Rs.10,000/-. You need to maintain a minimum balance limit in your account in order to avail cheque book facility. Customers who want to use banking services in the country should dial *99#, a phone number set up by the National Payments Corporation of India. To check the Jan Dhan Yojana account balance, one must have their mobile number linked to their account and he or she must be an active mobile banking user. It is worth remembering that CDMA handsets cannot be used to access the facility, and mobile phones must be enabled with GSM. You must dial *99# from your mobile phone upon which you will get a welcome message which will ask you to enter certain details such as the first 3 letters of the name of your bank or the first four letters of your bank's IFSC Code. Once you entered all the required details tap on 'ok' and you will get a range of services. Hence, in order to check your account balance you need to press '1' after which your account balance will be displayed on your device screen upon successful authentication of your entered details. By dialling 1800 425 3800 or 1800 112 211 from their registered mobile number, customers of SBI can also check their Jan Dhan account balance. Following this SBI customers will get the details of the last 5 transactions. They can also dial 9223 766 666 from their registered mobile number for the same.
According to the finance ministry, nearly 55% of total account holders under the Pradhan Mantri Jan Dhan Yojana (PMJDY) scheme are women as of March 2021. Women account holders accounted for 23.21 crore of the overall 41.93 crore accounts opened under the PMJDY scheme as of February 24, 2021, according to the ministry in a release. Concerning the Pradhan Mantri MUDRA Yojana (PMMY), it mentioned that since its establishment, approximately 68% or 19.04 crore accounts worth Rs 6.36 lakh crore (as of February 26, 2021) have been approved for women entrepreneurs.