India's largest lender State Bank of India (SBI) is offering its Jan Dhan account holders accident insurance cover up to Rs 2 lakh if they apply for 'SBI RuPay Jan Dhan Card'.
SBI from its official Twitter handle said "It's time to put yourself on the road to success. Apply for SBI RuPay Jandhan card today".It's time to put yourself on the road to success. Apply for SBI RuPay Jandhan card today.#Jandhan#RuPayCard#SBICard#Successpic.twitter.com/frV4AgHgk2
— State Bank of India (@TheOfficialSBI) February 6, 2021
Pradhan Mantri Jan-Dhan Yojana (PMJDY) is a national mission for financial inclusion to ensure access to financial services, namely, banking/ savings and deposit accounts, remittance, credit, insurance, pension in an affordable manner. PMJDY focuses on coverage of rural as well as urban households. PMJDY accounts are exempt from maintaining an average monthly balance.
Anurag Thakur, Union Minister of State for Finance & Corporate Affairs in a written reply to a question in Lok Sabha said a total number of 41.75 crore accounts have been opened under Pradhan Mantri Jan Dhan Yojana (PMJDY) out of which 35.96 crore accounts are operative.
Who can open Jan Dhan account?
Any Indian citizen, whose age is 10 years or more, can open a Jan Dhan account. You can also transfer your basic savings account to the Jan Dhan Yojana account.
Documents required for opening PMJDY
-If Aadhaar Card/Aadhaar Number or proof of possession of Aadhar is available then no other documents are required. If the address has changed, then a self-certification of current address is sufficient.
-If Aadhaar Card is not available, then any one of the following Officially Valid Documents (OVD) is required: Voter ID Card, Driving License, Passport & NREGA Card. If these documents also contain your address, it can serve both as "Proof of Identity and Address".
-If a person does not have any of the "officially valid documents" mentioned above, but it is categorized as ‘low risk' by the banks, then he/she can open a bank account in a Bank Branch by submitting any one of the following documents: a) Identity Card with applicant's photograph issued by Central/State Government Departments, Statutory/Regulatory Authorities, Public Sector Undertakings, Scheduled Commercial Banks and Public Financial Institutions; b) Letter issued by a gazette officer, with a duly attested photograph of the person.
Special benefits of Jan Dhan account