Account can be opened in any bank branch or Business Correspondent (Bank Mitr) outlet. Accounts opened under PMJDY are being opened with Zero balance. If the account-holder wishes to get cheque book, he/she will have to fulfill minimum balance criteria. ...
HOW TO BRING PMJDY ACCOUNT FOR TRANSACTIONS AND REDUCE ZERO BALANCE ACCOUNTS- A STUDYFinancial inclusion is given importance by the Govt. of India, since nationalization of commercial Banks, considering the need to include the entire population in economic growth of the country. The Govt. of ...
This national project has a determined goal of ensuring all the households in the country should have a bank account and access to all the financial services provided by the banks. This issue was addressed by the honorable prime minister stating that all those who are left out the banking ...
Perceptions of Bank Account holders about PMJDY – A Study on Baikhora Region of South TripuraPMJDYFinancial InclusionIndependent Sample T-TestCross TabulationRegression AnalysisWe have explored the motivating factors of the respondents of Latuatila village, Baikhora region under Santirbazar sub-division...
Pradhan Mantri Jan Dhan Yojana (PMJDY) is a National Mission for Financial Inclusion, this scheme offers people across the country who do not have a bank account will have a new account opened in one of the banks of India. According to C Rangarajan "There are two aspects to financial ...
"Pradhan Mantri Jan-Dhan Yojana (PMJDY)" is ensuring access to various financial services like availability of basic savings bank account, access to need based credit, remittances facility, insurance and pension to the excluded sections i.e. weaker sections & low income groups. This deep ...
Financial Inclusion, broadly defined refers to universal access to a wide range of financial services at a reasonable cost. Financial Inclusion, which ensure the various financial services e.g. Saving and Payment Account, Credit insurance and Pensions. Financial Inclusion also target to avail various...
It will help the weaker sections and low income groups to have access to various financial services like basic savings account, remittance facility, insurance and pension. It will create a platform for inculcating the habit of saving money, provide formal credit avenues and plug gaps and ...
This paper ends with a little concluding note stressing on the importance of spreading financial literacy and training program for using their accounts and government should focus more on quality of usage rather than quantity of opening account.B. Pujari...
dormancy of accounts is highest in India at 43 per cent, same time PMJDY celebrates success of banking coverage but reality is different, the active transaction, frequency of banking services demanded, the viability of account and operational efficiency of account is...