Yes. You can open a joint account under Pradhan Mantri Jan-Dhan Yojana.

You can open a PMJDY account at any bank branch on Core Banking Solutions (CBS) or at a BC outlet of such Banks.

Yes. You can link your mobile number with your bank account. You can do so by contacting your bank where you have opened your bank account under PMJDY. Bank will enter your mobile number in the CBS system based on the information provided by you.

A “Small Account” or “Chota Account” can be opened in case of non availability of Officially Valid Documents (OVDs). These accounts would be valid normally for a period of twelve months. Thereafter, such accounts would be allowed to a continue for a further period of twelve more months, if the account-holder provides a document showing that he/she has applied for any of the Officially Valid Document, within 12 months of opening the small account.

All PMJDY Accounts are provided with a free Rupay Debit Card with inbuilt accidental insurance cover of Rs.2 lakh (Rs 1 lakh for accounts opened before 28.08.2018).

Overdraft facility (SBOD) upto Rs. 10,000/- will be available to one account holder of PMJDY per household after 6 months of satisfactory conduct of the account, subject to fulfilment of eligibility criteria.

Yes, it is possible to extend your loan/overdraft taken against your PMJDY Bank Account. Bank may increase this amount, provided you make your repayments on time subject to a maximum amount of Rs. 10,000/-.

There is no processing fees.

Yes.

Yes. A minor is eligible to open a bank account under PMJDY under guardianship.

Yes. Minors are eligible to get RuPay Cards. They can use the card 4 times in a month for cash withdrawal.

The following documents are required - 1. AADHAAR 2. Government ID proofs (Voter Card/PAN Card/Ration card) 3. Permanent Address proof (Passport/Driving License/Electricity Bill/Telephone Bill/Water Bill) 4. Passport size photograph 5. Filled and Signed PMJDY Account opening form 6. Any other document as notified by the Central Government in consultation with the Regulator.

Yes. You can still open a bank account. What you have to do is to provide an identity proof issued by the Government of India.

Yes. It can be availed by illiterate account holders as well. RuPay Card is a kind of debit card issued for the purpose of ATM withdrawal and making PoS payments. The concerned bank officials will educate the illiterate RuPay Card holders as to how to use this card and keep it safe at the time of card issuance.

The accounts can be opened under PMJDY with Zero balance. Cheque book(s) are not a mandatory feature of PMJDY A/cs. Banks can offer additional services including Cheque Books as per the norms specified by each Bank. One can avail the same by meeting the criteria.

The applicable rate of interest is equal to interest on saving account.

Banks do not charge any fees while opening PMJDY account.

Yes. You can easily transfer your PMJDY account from one city/state to another as all banks offering bank accounts have core banking solutions (intra-bank). You can do this by simply requesting the bank.

Bank Mitr is a Business Correspondent who provides banking services at select locations. The Bank Mitr represents the bank and helps it expand its outreach. He offers banking services at areas where establishing a brick and mortar branch is not feasible. Retired Bank Employees, Retired Teachers, Retired Government Employees and Ex-Servicemen can join as a Bank Mitr.

There is no requirement of minimum balance .

It is a small device installed at business centres to help you enjoy cashless purchases. PoS stands for Point of Sale.

No. A person can have only one PMJDY Account . However, if he/she wants to open a Basic Saving Bank Account or a PMJDY Account in other bank, the existing Account will have to be closed within 30 days of opening an Account in the other bank.

There is no exit age under this Scheme.

Reserve Bank of India (RBI) vide its Press Release dated 26.08.2014 has clarified as under : “Those persons who do not have any of the ‘officially valid documents’ can open “Small Accounts” with banks’ branch”. A “Small Account” can be opened on the basis of a self-attested photograph and putting his/her signatures or thumb print in the presence of an official(s) of the bank. Such accounts have limitations regarding : i. aggregate credits (not more than Rupees one lac in a year), ii. aggregate withdrawals (not more than Rupees ten thousand in a month), and iii. balance in the accounts (not more than Rupees fifty thousand at any point of time). These accounts would be valid normally for a period of twelve months. Thereafter, such accounts would be allowed to a continue for a further period of twelve more months, if the account-holder provides a document showing that he/she has applied for any of the Officially Valid Document, within 12 months of opening the small account.

Yes. You can change your address by providing a self-declaration certificate or submitting supporting documents.