https://www.taxtmi.com/news?id=20371 Jan Dhan (PMJDY) basic savings accounts require no minimum balance; full KYC accounts have no deposit restriction, while simplified KYC accounts are treated as small accounts subject to statutory limits on aggregate credits, withdrawals and balance. A government notification excludes deposits made through government grants, welfare payments and procurements from the small account balance cap. Direct Benefit Transfer of scheme benefits flows into PMJDY accounts and additional facilities-such as RuPay debit cards with incidental insurance and an overdraft option-apply per the account holder's eligibility and scheme guidelines. en-us Fri, 03 Aug 2018 18:18:27 +0530 Fri, 03 Aug 2018 18:18:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20371 Jan Dhan (PMJDY) basic savings accounts require no minimum balance; full KYC accounts have no deposit restriction, while simplified KYC accounts are treated as small accounts subject to statutory limits on aggregate credits, withdrawals and balance. A government notification excludes deposits made through government grants, welfare payments and procurements from the small account balance cap. Direct Benefit Transfer of scheme benefits flows into PMJDY accounts and additional facilities-such as RuPay debit cards with incidental insurance and an overdraft option-apply per the account holder's eligibility and scheme guidelines. News - Fri, 03 Aug 2018 18:18:27 +0530 https://www.taxtmi.com/news?id=20371