With a dream of building a better India, India's prime minister Mr Narendra Modi has announced a new financial inclusion scheme called Pradhan Mantri Jan-Dhan Yojana (PMJDY) at the Red Fort on August 15, 2014 under which every family living in India must have a bank account. It is a national mission to provide an easy access to financial services like banking, bank accounts, remittance, loans and credits, insurance, pension, etc. to poor and needy people of India in an affordable manner at national level. The key idea behind this scheme is to end the financial untouchability in India, with the opening of appox.1.5 crore bank accounts of 7.5 crore families in one year across India. The scheme is particularly designed for those who have failed to get the benefits of various financial schemes being offered by the government of India.
Accounts which can be opened under PMJDY are Basic Savings Bank Deposit Accounts (BSBDA) which can be of zero balance.
According to official records, total 24.1 crore bank accounts have been opened till August 31, 2016 with an accumulated balance of Rs 42,094.24 crore.
About 19 crore of these accounts have been issued Rupay cards. More than 50% of total Jan Dhan accounts have the Aadhaar Card of the account holder linked to them making them eligible for all wage payments to NREGA workers through Direct Benefit Transfer and for direct subsidy payments of LPG.
Accounts with no balance in them were 76.81% of the total accounts opened under this scheme as on September 30, 2015 which have come down to only about 32% at the end of December, 2015.
|Allahabad Bank||Public Sector Bank||Andhra Bank||Public Sector Bank||Axis Bank Ltd.||Private Sector Bank||Bank Of Baroda||Public Sector Bank||Bank Of India||Public Sector Bank||Bank Of Maharashtra||Public Sector Bank||Bhartiya Mahila Bank||Public Sector Bank||Canara Bank||Public Sector Bank||Central Bank Of India||Public Sector Bank||Corporation Bank||Public Sector Bank||Dena Bank||Public Sector Bank||Dhanlaxmi Bank Ltd.||Private Sector Bank||Federal Bank Ltd.||Private Sector Bank||Hdfc Bank Ltd.||Private Sector Bank||Icici Bank Ltd.||Private Sector Bank||Idbi Bank||Public Sector Bank||Indian Bank||Public Sector Bank||Indusind Bank Ltd.||Private Sector Bank||Karnataka Bank Ltd.||Private Sector Bank||Kotak Mahindra Bank Ltd.||Private Sector Bank||Oriental Bank Of Commerce||Public Sector Bank||Punjab & Sind Bank||Public Sector Bank||Punjab National Bank||Public Sector Bank||State Bank Of Bikaner & Jaipur||Public Sector Bank||State Bank Of Hyderabad||Public Sector Bank||State Bank Of India||Public Sector Bank||State Bank Of Mysore||Public Sector Bank||State Bank Of Patiala||Public Sector Bank||State Bank Of Travancore||Public Sector Bank||Syndicate Bank||Public Sector Bank||Union Bank Of India||Public Sector Bank||Vijaya Bank||Public Sector Bank||Yes Bank Ltd.||Private Sector Bank|
2017 January 26 is a bank holiday in Andaman And Nicobar Island due to Republic Day.
2017 February 01 is a bank holiday in Andaman And Nicobar Island due to Saraswati Puja (Shree Panchami)/Basant Panchami.
2017 February 10 is a bank holiday in Chandigarh due to Guru Ravidas's Birthday.
2017 February 15 is a bank holiday in Manipur due to Lui Ngai-Niw.
|AB Bank Ltd||ABN-AMRO Bank N.V||Abu Dhabi Commercial Bank||Airtel Payments Bank Limited||Allahabad Bank||American Express Banking Corp||Andhra Bank||Antwerp Diamond Bank NV||AXIS Bank||Bandhan Bank Limited||Bank Of America||Bank Of Bahrain & Kuwait B.S.C||Bank Of Baroda||Bank Of Ceylon||Bank Of India||Bank Of Maharashtra||Bank Of Nova Scotia||Bank Of Tokyo Mitsubishi Limited||Barclays Bank||Bharatiya Mahila Bank||BNP Paribas||Calyon Bank||Canara Bank||Catholic Syrian Bank Limited||Central Bank Of India||Chinatrust Commercial Bank Limited||Citi Bank||City Union Bank Limited||Corporation Bank||DBS Bank Ltd||DCB Bank Limited||Dena Bank||Deutsche Bank||Dhanalakshmi Bank||Equitas Small Finance Bank Limited||Exim Bank Export Import Bank Of India||Federal Bank||HDFC Bank||HSBC Bank||HSBC BANK OMAN SAOG||ICICI Bank||IDBI Bank||IDFC Bank Limited||Indian Bank||Indian Overseas Bank||IndusInd Bank||Jammu And Kashmir Bank Limited||JP Morgan Bank||JSC VTB Bank||Karnataka Bank Limited||Karur Vysya Bank||Kotak Mahindra Bank Limited||Krung Thai Bank Public Co. Ltd||Laxmi Vilas Bank||Mashreqbank Psc||Mizuho Corporate Bank Limited||Oman International Bank SAOG||Oriental Bank Of Commerce||Punjab And Sind Bank||Punjab National Bank||RBL Bank Limited||SBM Bank Mauritius Limited||Shinhan Bank||Societe Generale||Sonali Bank||South Indian Bank||Standard Chartered Bank||State Bank Of Hyderabad||State Bank Of Patiala||State Bank Of Bikaner And Jaipur||State Bank Of India||State Bank Of Mysore||State Bank Of Travancore||Syndicate Bank||Tamilnad Mercantile Bank Limited||The Nainital Bank Limited||UBS AG||UCO Bank||Union Bank Of India||United Bank Of India||Vijaya Bank||Yes Bank Limited|