Public Debt Plan, Free New Facilities Public, Increase the Limit of OverdraftsIf you are using a public bank account then it is good news for you. The Government has decided to open the Prime Minister Jan Dhan Yojana (PMJDY), always open to open-ended plans, to encourage people to open bank accounts.
With this plan, it has been decided to include some incentives along with the scheme. The PMJDY was started in August 2014 and the scheme was opened for four years. It was started to connect the general public with the bank and provide financial services like insurance-pensions.
Finance Minister Arun Jaitley has said that this scheme will now be open for an inaccurate term and not only the overdraft facility available in public accounts. Increasing from Rs 5,000 to Rs. Has been 10,000.In addition, the amount of accident insurance on card receipt of the Jan Dhan scheme accounts is Rs. Increasing from Rs 1 lakh to Rs. Two lakhs have been made. For this insurance, only 47 paisa premium per card is charged from the public account
