Govt to deposit Rs 1,000 in ladies folk PMJDY accounts in two instalments

Within the intervening time, enlighten-owned SBI, which has the supreme preference of PMJDY accounts, asked the beneficiaries now not to imagine in rumours that the money shall be taken away by the authorities if now not withdrawn amid mountainous numbers of folk flocking banks.

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Closing Updated: Apr 09, 2020, 03.51 PM IST

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The Division of Monetary Services and products (DFS) in a tweet talked about the authorities has deposited Rs 500 in the PMJDY accounts held by ladies folk.

Contemporary Delhi: Urging folk now not to imagine rumours, the finance ministry on Thursday talked about Rs 500 has been deposited in each and every PMJDY tale held by ladies folk for April and Rs 1,000 more shall be given over the next two months in equal instalments.

Within the intervening time, enlighten-owned SBI, which has the supreme preference of PMJDY accounts, asked the beneficiaries now not to imagine in rumours that the money shall be taken away by the authorities if now not withdrawn amid mountainous numbers of folk flocking banks.

This potential that, there are bustle at financial institution branches main to violation of social distancing guidelines to take a look at the unfold of coronavirus.

The Division of Monetary Services and products (DFS) in a tweet talked about the authorities has deposited Rs 500 in the PMJDY accounts held by ladies folk for April and beneficiaries might perhaps perhaps withdraw it “any time”.

“This quantity (Rs 500) has reached your checking tale and you’re going to also withdraw it any time,” it talked about, and added Rs 500 will even be deposited all over Would possibly possibly as well in June.

The DFS, in the finance ministry, also asked the beneficiaries now not to imagine in rumours and withdraw the quantity from ATM, customer service point or banks as per their convenience.

Of the entire 38.08 crore accounts beneath the Pradhan Mantri Jan Dhan Yojana (PMJDY), as many as 20.60 crore were held by ladies folk. As on April 1, the deposits in the PMJDY accounts stood at over Rs 1.19 lakh crore.

Say Bank of India (SBI) extra talked about, “We would want to guarantee our customers that the funds in your tale might perhaps perhaps presumably now not be blocked or returned to the authorities.”


The nation’s biggest lender also asked the PMJDY tale holders to withdraw money at their convenience anytime.

Finance Minister Nirmala Sitharaman announced this as piece of the Rs 1.70-lakh crore reduction package announced closing month.

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