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Modi’s Jan Dhan Yojana entered into Guinness Records

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Narendra Modi’s Pradhan Mantri Jan Dhan Yojana (PMJDY) has entered into Guinness book of World Records for most bank accounts opened in one week. In the financial inclusion campaign (23-29th of August 2014), a total of 18,096,130 bank accounts were opened. Till now 11.5 crore accounts have been opened under PMJDY in less than five months.

Knowledge is Wealth

  • The PMJDY was launched on August 28, 2014, with a target of covering 7.5 crore households within January 26.
  • The scheme includes Rs. 5,000 overdraft facility for Aadhar-linked accounts.
  • The scheme provides RuPay Debit Card with inbuilt Rs. 1 lakh accident insurance cover
  • As of anuary 17, 2014, of total bank accounts opened under this scheme, 3.23 crore have deposits worth Rs 9,188 crore.