Pradhan Mantri Jan Dhan Account: What Facilities Are Available In It
PM Jan Dhan Account: The Finance Ministry announced on Monday that 1.11 Crore new Pradhan Mantri Jan Dhan Yojana accounts were opened during the four-month nationwide financial inclusion drive. The Finance Ministry stated that the four-month drive, which concluded on October 31, aimed to bring every eligible citizen under the ambit of the flagship financial scheme. These Jan Dhan accounts offer several benefits to an account holder.
Account holders can deposit cash at a bank branch as well as at ATMs/CDMs. Funds can be received/deposited through any electronic channel or by depositing/collecting cheques issued by central/state government agencies and departments. There is no limit on the amount and amount of deposits that can be made in a month. A minimum of four free withdrawals per month are allowed, including withdrawals from any ATM, including Metro ATMs. Banks may charge fees for subsequent withdrawals.
Benefits of Opening a Jan Dhan Account:
-A basic savings bank account is opened for individuals without banking services.
-There is no minimum balance requirement in a Jan Dhan account.
-Deposits in a Jan Dhan account earn interest.
-A RuPay debit card is provided to the account holder.
-An accident insurance cover of ₹1 lakh (increased to ₹2 lakh for new PMJDY accounts opened after 28.8.2018) is available with the RuPay card issued to account holders of this account.
-An overdraft (OD) facility of up to ₹10,000 is available to eligible account holders.
Over 56 crore Jan Dhan accounts have been opened in the last 11 years, with total deposits exceeding ₹2.68 lakh crore. As of August 2025, over 38 crore free RuPay cards have been issued, boosting digital transactions. 67% of accounts under the Pradhan Mantri Jan Dhan Yojana have been opened in rural or semi-urban areas, and 56% have been opened by women, demonstrating how marginalized individuals living in remote areas of the country have been brought into the formal financial sector.
