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No directions given to Banks to close inactive PM Jan Dhan Yojana accounts: Department of Financial Services, M/o Finance In connection with reports appearing in media that the Department of Financial Services(DFS), M/o Finance has asked Banks to close inactive PM Jan Dhan Yojana accounts, the De
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FAQ :
No, the Department of Financial Services (DFS), Ministry of Finance, has explicitly stated that it has NOT asked banks to close inactive PM Jan Dhan Yojana accounts.
The DFS monitors the number of inoperative PMJDY accounts and has advised banks to contact account holders to make their accounts operative.
Yes, a three-month campaign started on July 1st across the country to deepen the adoption of PM Jan Dhan Yojana accounts, Jeevan Jyoti Bima Yojana, Atal Pension Yojana, and other welfare schemes.
During the campaign, banks will also carry out re-KYC (Know Your Customer) for all due accounts.
No, the department has not become aware of any incidents of mass closure of inactive PMJDY accounts, and the total number of PMJDY accounts shows a continuous increasing trend.
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