https://www.taxtmi.com/news?id=20933 PMJDY accounts are Basic Savings Bank Deposit Accounts; banks may close them on customer request and may close accounts in a phased manner for non-furnishing of required KYC information or non-cooperation after issuing due notice. The number of accounts closed is not centrally monitored, and existing departmental monitoring shows an overall increase in PMJDY accounts. There is no minimum balance requirement for PMJDY accounts and no penalties for non-maintenance of balance. en-us Tue, 08 Jan 2019 18:47:37 +0530 Tue, 08 Jan 2019 18:47:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20933 PMJDY accounts are Basic Savings Bank Deposit Accounts; banks may close them on customer request and may close accounts in a phased manner for non-furnishing of required KYC information or non-cooperation after issuing due notice. The number of accounts closed is not centrally monitored, and existing departmental monitoring shows an overall increase in PMJDY accounts. There is no minimum balance requirement for PMJDY accounts and no penalties for non-maintenance of balance. News - Tue, 08 Jan 2019 18:47:37 +0530 https://www.taxtmi.com/news?id=20933