Pradhanmantri Jan-Dhan Youjana, Accidental Insurance & Life Insurance amount
Accidental Insurance Rs.1.00 lac and Life Insurance cover of Rs. 30,000/-
This is a special benefits under Pradhanmantri Jan-Dhan Youjana, scheme where you got it Rs.1.00 lac Accident Insurance and Rs.30,000 life Insurance.
Here some similar benefits of PMJDY are:-
- No Minimum Balance Required to maintain account
- Interest on Deposit
- Easy Money Transfer across India
- Beneficiaries of Government Schemes will get Direct Benefit Transfer in these accounts.
- After satisfactory operation of the account for 6 months, an overdraft facility will be permitted
- Access to Pension, Insurance products.
- Accidental Insurance Cover, RuPay Debit Card must be used at least once in 45 days
- Overdraft facility up-to Rs.5000/- is available in only one account per household, preferably
On Independence Day 15 August 2014 Indian Government announced nationwide scheme is Pradhan Mantri Jan-Dhan Youjana.