Opening of bank accounts


New Delhi, Dec 17: Under Pradhan Mantri Jan Dhan Yojana (PMJDY), 25.68 crore accounts have been opened across the country till Nov 23, 2016.

After demonetisation for exchange and withdrawal of Rs. 500 and Rs. 1000 currency Government has advised banks to distribute and activate RuPay cards expeditiously, increase cash holding limit of Bank Mitras, install micro-ATM and Point of Sale (PoS) machines, and provide cheque books over the counter, dispensing cash through PoS machines. In addition, Government has advised banks to make special arrangements in camp mode to open bank account for those who do not have bank account and make arrangements for cash withdrawal and deposits in their accounts for plantation, beedi, construction workers and unorganized labourers.

This was stated by Shri Santosh Kumar Gangwar, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha yesterday.

Source: PIB

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