You won’t get 5000 OD facility if your PMJDY is not attached to Aadhaar

You won’t get 5000 OD facility if your PMJDY is not attached to Aadhaar


Jan Dhan Yojana: The Pradhan Mantri Jan Dhan Yojana (PMJDY) is one of the most ambitious financial inclusion programmes being launched by the Narendra Modi Government because PMJDY has benefits beyond financial inclusion. But, very few Jan Dhan account
holders are aware that their account gives overdraft facility up to Rs 5,000 provided their account is attached with their Aadhaar card. According to tax and investment experts, if a PMJDY account holder hasn't attached Jan Dhan Khata with Aadhaar card, then the overdraft facility will be lost.

Elaborating upon the overdraft facility under Pradhan Mantri Jan Dhan Yojana, SEBI registered tax and investment expert Manikaran Singhal said, "To become eligible for the overdraft facility, a new Jan Dhan account holder needs to maintain a healthy positive balance for the first six months and should do regular cash transactions and transactions through the RuPay debit card issued to him or her. If satisfied, the bank, in which the Jan Dhan account has been opened, would provide the account holder the overdraft facility of up to Rs 5,000, provided it’s an Aadhaar-linked account." However, he said that the overdraft facility may be used by the account holder by paying a nominal rate of interest.

Speaking on other benefits a Jan Dhan account holder may lose if account is not attached with Aadhaar Card, SEBI registered tax and investment expert Jitendra Solanki said, "Despite being a no frills account, a Jan Dhan account under the Pradhan Mantri Jan Dhan Yojana provides overdraft facility and RuPay debit card with inbuilt Rs 1 lakh accident insurance cover to the holders, apart from the luxury of not maintaining a minimum account balance. However, in the case of non-attachment of Aadhaar card with the PMJDY, the nominee will find it difficult to claim the above-mentioned insurance amount." 

He said that a Jan Dhan  account holder gets an additional Rs 30,000 accidental death insurance cover against the RuPay debit card. So, a nominee of a Jan Dhan account holder can claim up to Rs 1.3 lakh accidental death benefit, in case the account holder dies.

Comments

  1. Attach my addhar card in PMJGY

    ReplyDelete
  2. how do we know if this is a Genuine site

    ReplyDelete
  3. Jan dhan yogana a/c my aadhar card submitted

    ReplyDelete
  4. Yes i want attach adhaar card pmjdy

    ReplyDelete
  5. How-to attached my Aadhar card pmjdy

    ReplyDelete
  6. My wife. contact the.bank manager by phone several times and visited the bank personally but the manager refused her request

    ReplyDelete
  7. Indrani
    How to open jyondhan jyojona account & how to attach my adhaar

    ReplyDelete
  8. How to attach the adhar card

    ReplyDelete
  9. my bank account number not in mind

    ReplyDelete
  10. I need of which the honorable
    PM scheme

    ReplyDelete
  11. I am Manoj kumar Dey
    210/D.Satin sen nagar.New Barrackpur.24 pgs ( N).kolkata.700131.west bengal.My phone number 9830248670.land number 033 25275225.

    ReplyDelete
  12. Aadhar card link attached to my bank account number

    ReplyDelete
  13. Adharcard is attached already with my bank

    ReplyDelete
  14. मुझे इ मेल आया है सर ओर मै इंटरेस्टड हु, इसके लिये क्या करना होगा.

    ReplyDelete
  15. Is it genuine or fake. If genuine, how to apply?

    ReplyDelete
  16. I AM AN INDIAN NATIONAL BORN ON 8TH AUGUST 1934 I HAVE THE AADHAAR CARD, MEANS YOU KNOW ME FROM ALL THE ANGLES,
    I HAVE WATED FOR ALL THE NATIONAL ELECTIONS SINCE 1952 THAT IS I HAVE A VOTERS ID
    I HAVE PAID INCOME TAX WORTH 26000 RS TWENTY SIX THOUSAND MYSELF AND 80000 EIGHTY THOUSAND AS MY FAMILY WITH MY TWO SONS(2016 2017) AS CAPITAL GAIN TAX
    I WAS ASKED TO JOIN MY MOBILE NO WITH AADHARCARD , I WENT ON THE STIPULATED GIVEN TIME AND PLACE BUT TO MY SURPRISE BABUS WERE SITTING ON FOURTH FLOOR, THE LIFT WAS NOT WORKING AS LIGHTS OF TOORENT CO WERE OFF, I REQUESTED BABUS THROUGH MY SON THAT I AM SR CITIZEN A SEVERE HEART PATIENT , PLUS HANDICAPPED AS I HAD A LEG LEG BONE FRACTURE AND OPERATED, BABUS GAVE " COME AFTER A WEEK" TIME , THE SITUATION WAS THE SAME, MY SON DID ATTACH HIS AADHAR CARD MINED WAS NOT AS I COULD NOT GO UPSTAIRS,
    SIR I AN ASKING WHY THERE ARE VARIOUS WRONG PITIFUL PUNISHING ORDERS TO JOIN ADHHAR CARD WITH X Y Z ETC/ WHAT IS THE FUN OF ADHAR CARD VOTER IDC CARD? WITH JANDHAN YOJANA WHICH ISIS LAUNCHED FRFOM MY INCOME TAX , WHY THEY NEED JOINING MY ADHAAR CARD, HAVE MY PRIME MINISTER FORGOTTEN ME? ALL THE DATAILS ARE GIVEN IN FILLING UP FPRM OF ADHAAR CARD, THEY ARE THERE AS VOTER ID THEYHAVE EVERY DECADE CENSUS WHERE THERE ARE FURTHER GREATER INVOLVED DETAILS, I ASK MY PRIME MINISTER WHY DO SPEND RATHER EXTRAVAGANTLY EPEND MY INCOME TAX BY EMPLOYING YOUR BABUS AGAIN AND AGAIN IN FRUIT LESS FAULTY DATA COLLECTGION? AND THAT TOO IN THIS COMPUTER AGE?
    I SAY HELL WITH YOUR adhhar card hell with your jan dhan yojana where i haved to in troduce my self agfain again at the age oif 87 eighty even years.

    Hemendra Umiashanker Mehta 74/75 jodhpurpark society near ramdev nagar brts bus stop satellite road ahmedabad pin 380015, mob no 9712932822

    ReplyDelete
  17. sir, may i place corrections to my above comment? correction one I voted not wated for national elections
    correction two i have paid income tax worth 2600000/ twenty six lakhs not thousands
    correction three ,,, and 8000000 eighty lakhs and not thousands
    correction fourth,, lights of Torrent co were off not
    oof tooret co
    correction five I requested babus by my sms through my mobile phone and my son
    correction six left leg not leg leg
    correction seven situation was the same next week
    correction eighth of mine was not and not mined
    correction nineth sir I am asking not I an asking
    kindly excue for the corrections

    ReplyDelete
  18. Great Article. Thank you for providing such a unique and valuable information to your readers. I really appreciate your work.If you require about opc annual compliance online in bangalore | Startup india rgistration in bangalore please click on it.

    ReplyDelete

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