Pradhan Mantri Jan DhanYojana (PMJDY) accounts hit 33.66 crore mark
Pradhan Mantri Jan DhanYojana (PMJDY) accounts, as apprised by banks, as on 26.12.2018, are 33.66 crore in number. Out of these accounts, 28.16 crore PMJDY accounts are operative accounts.
Pradhan Mantri Jan DhanYojana
Accounts could be closed by banks on request of concerned customers. Reserve Bank of India (RBI) in a circular on Know Your Customer (KYC) norms has permitted banks to close an account in a phased manner in case of non-furnishing of required KYC information and /or non-cooperation by the customer, after issuing due notice to the customer.
Pradhan Mantri Jan DhanYojana
Number of PMJDY accounts closed is not centrally monitored. However, cumulative number of existing PMJDY accounts monitored by this Department, shows that the number of these accounts has increased since launch of the scheme.
Pradhan Mantri Jan DhanYojana
PMJDY accounts are “Basic Savings Bank Deposit Account” (BSBDA) in nature and as per extant guidelines, there is no requirement for maintaining minimum balance in such accounts. Accordingly, no penalty is imposed on PMJDY accounts for non-maintenance of minimum balance.
Pradhan Mantri Jan DhanYojana
This was stated by Shiv Pratap Shukla, Minister of State for Finance in written reply to a question in Rajya Sabha today.