JK Bank opens 8 lakh PMJDY accounts

JK Bank opens 8 lakh PMJDY accounts

The accountholders who have not received the Rupay Debit card so far have been asked to contact their branches and collect the cards immediately.

J&K Bank has opened more than 8 lakh new accounts under Prime Minister’s Jan Dhan Yojana (PMJDY) in all districts of the state till date.

“Committed to cover maximum of unbanked population in the state, J&K Bank carried out household surveys meticulously in the entire state and identified the chunk of the population for PMJDY with an aim to integrate the poor and unbanked with financial system,” the bank in a statement said.

Meanwhile, those not covered under the survey, have been asked by the bank to contact nearest J&K Bank branch and open the account under PMJDY.

Notably, the accountholders under this scheme are provided Rupay debit card with an inbuilt life and accidental insurance.

The accountholders who have not received the Rupay Debit card so far have been asked to contact their branches and collect the cards immediately.

To mention, Prime Minister’s People Money Scheme envisages comprehensive financial inclusion. The scheme was launched by the Prime Minister of India, Narendra Modi on August 28, 2014.