Its objective to provide all the citizens of India – especially the poor masses – a bank account, credit facility, insurance cover and debit card. The aim of PM Jan Dhan Yojana scheme is highlighted by its slogan “Mera Khata – Bhagya Vidhaata”. In the long run, the scheme will also allow the poorer sections to avail themselves of subsidies and overdraft facilities through their bank accounts, which are intended to eliminate money-lenders, commission agents and corruption.
1. Small Savings Accounts (No need to maintain min. average balance). 2. Cash Deposit/Withdrawal. 3. Money/ Funds Transfer to All Banks across the India. 4. AEPS: Aadhaar Enabled Payment System (Deposit, Withdrawal, Balance Inquiry through Aadhaar). 5. Micro ATM Transactions (Deposit, Withdrawal, Balance Inquiry through Any ATM/Debit Card). 6. Mini Statement, Recurring Deposit, Loan Deposit. 7. Social Security Schemes (PM Jivan Jyoti Bima Yojana, PM Suraksha Bima Yojana, Atal Pension Yojana). 8. Many more other Services.
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