The government allows Jan Dhan account holders to withdraw up to Rs 5000 even if there is no money in the account, so that the poor family can meet their needs in emergency
Under the Prime Minister Jan Dhan Account (PM Jan Dhan Account) scheme, bank accounts of poor people of the country are opened on zero balance. People can open Jan Dhan account in their nearest bank or post office. The government transfers the benefits of all the schemes to this bank account through direct benefit transfer (DBT). Account holders are also insured in this scheme.
But the biggest feature of Jan Dhan account is the overdraft facility available with it. The government also allows Jan Dhan account holders to withdraw up to Rs 5000 even if there is no money in the account, so that the poor family can meet their needs in emergency. But to get the benefit of this facility, it is necessary to link PM Jan Dhan Account with Aadhaar (Aadhaar).
If you also want to take advantage of the Rs 5000 overdraft facility, then link your Jan Dhan account to Aadhaar today. Overdraft facility will be available on Jan Dhan account only when there is zero balance in the account. If the account is not linked to Aadhaar then the benefit of overdraft facility will not be available. The customer will get the benefit of overdraft facility only when there is enough money in his account for the first 6 months. During this time, he will have to continue to deal with the account. RuPay Debit Card is issued to the account holder so that he does not face any trouble in the transaction.
Such links will be Aadhaar
You don’t have to do much to link Jan Dhan account with Aadhaar. For this, go to your bank or post office and fill the form that will link the account from Aadhaar and submit it. If you want to open your Jan Dhan account then you have to go to your nearest bank. Here you have to fill the Jan Dhan account form. In this, the applying customer will have to give his name, mobile number, bank branch name, applicant’s address, nominee, annual income and number of dependents etc. You can open Jan Dhan account through documents like passport, driving license, PAN card, voter id card issued by Election Commission, MNREGA job cord.
Benefits of Jan Dhan Account
– No minimum balance required
– Free mobile banking facility
– Life insurance cover up to Rs 30000
– Money transfer facility across the country
– Transfer money of government schemes directly to the account
– Easy to buy insurance and pension products
– Get interest on deposits
– The scheme is for all people, rural and urban, for
