Focus of Pradhan Mantri Jan Dhanyojana (PMJDY) Moves from Account Opening to the Provision of Cash-Out Facilities at an Approachable Distance to Reap the Real Benefits of Pmjdy; Under Pmjdy, Close to 18 Crore (180 Million) Accounts Opened; 15.74 Crores Rupay Debit Cards Issued;

Focus of Pradhan Mantri Jan Dhanyojana (PMJDY) Moves from Account Opening to the Provision of Cash-Out Facilities at an Approachable Distance to Reap the Real Benefits of Pmjdy; Under Pmjdy, Close to 18 Crore (180 Million) Accounts Opened; 15.74 Crores Rupay Debit Cards Issued; https://www.taxtmi.com/news?id=14950 PMJDY has refocused on ensuring accessible cash-out facilities by expanding branches, ATMs, PoS, Bank Mitras and issuing debit cards; operational measures include enhanced PoS withdrawal limits in lower-tier centres and no SMS charges on PMJDY/BSBD accounts. Banks are directed to provide an overdraft facility on PMJDY accounts with Aadhaar not mandatory for availing it, and the Indian Banks Association is to issue revised guidelines to banks. en-us Fri, 04 Sep 2015 15:59:12 +0530 Fri, 04 Sep 2015 15:59:12 +0530 TaxTMI RSS Generator Focus of Pradhan Mantri Jan Dhanyojana (PMJDY) Moves from Account Opening to the Provision of Cash-Out Facilities at an Approachable Distance to Reap the Real Benefits of Pmjdy; Under Pmjdy, Close to 18 Crore (180 Million) Accounts Opened; 15.74 Crores Rupay Debit Cards Issued; https://www.taxtmi.com/news?id=14950 PMJDY has refocused on ensuring accessible cash-out facilities by expanding branches, ATMs, PoS, Bank Mitras and issuing debit cards; operational measures include enhanced PoS withdrawal limits in lower-tier centres and no SMS charges on PMJDY/BSBD accounts. Banks are directed to provide an overdraft facility on PMJDY accounts with Aadhaar not mandatory for availing it, and the Indian Banks Association is to issue revised guidelines to banks. News - Fri, 04 Sep 2015 15:59:12 +0530 https://www.taxtmi.com/news?id=14950