• Reshma Mathew

Pradhan Mantri Jan-Dhan Yojana (PMJDY) which is actually “Prime Ministers People Wealth Scheme” is one of the prestigious scheme implemented in India post-Independence. This particular scheme is a Financial Inclusion scheme introduced to every Indian citizen above 18 years old .This scheme ensures access to financial services, mainly, Savings & Deposit Accounts, Remittance, Credit, Insurance, and Pension in a much affordable way. Account can be opened in any bank branch or business correspondent with Zero balance .This innovative concept actually enables a lot to promote the banking habits and acts as enables in reducing the poverty among the people in India. This prestigious project was launched by India’s Prime Minister Shri.Narendra Modi on 2014. The scheme is not only limited to opening of a bank account but also it has other benefits with it such as zero balance bank account with RuPay debit card, in addition to accidental insurance cover and many other such benefits. This paper is an attempt to discuss the overview of PMJDY, main features and progress PMJDY in India.

Financial Inclusion, Financial Literacy, Banking.

"PMJDY-An Overview", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.8, Issue 1, page no.1467-1469, January-2021, Available :http://www.jetir.org/papers/JETIR2101183.pdf

"PMJDY-An Overview", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.8, Issue 1, page no. pp1467-1469, January-2021, Available at : http://www.jetir.org/papers/JETIR2101183.pdf