The Department of Financial Services (DFS) has said that it has not ordered banks to close inactive PM Jan Dhan Yojana accounts after a few reports claimed that such accounts would be shut.
A three-month campaign starting from July 1 has been launched by DFS all over the country to deepen the adoption of Jan Dhan Yojana accounts, Jeevan Jyoti Bima Yojana, Atal Pension Yojana, and other welfare schemes. Banks will also carry out re- KYC of all due accounts during the campaign, the Ministry of Finance said in a statement.
DFS constantly monitors the number of inoperative PMJDY accounts and has advised Banks to contact respective account holders to make their accounts operative.
The total number of PMJDY accounts have seen a continuous increasing trend and no incidents of mass closure of inactive PMJDY accounts has come to the knowledge of the department, the statement said.
A three-month campaign starting from July 1 has been launched by DFS all over the country to deepen the adoption of Jan Dhan Yojana accounts, Jeevan Jyoti Bima Yojana, Atal Pension Yojana, and other welfare schemes. Banks will also carry out re- KYC of all due accounts during the campaign, the Ministry of Finance said in a statement.
DFS constantly monitors the number of inoperative PMJDY accounts and has advised Banks to contact respective account holders to make their accounts operative.
The total number of PMJDY accounts have seen a continuous increasing trend and no incidents of mass closure of inactive PMJDY accounts has come to the knowledge of the department, the statement said.
You may also like
Sebi ex-chief Madhabi Buch refutes claims of regulatory failure in Jane Street case
'Violations of fundamental rights': ICC cracks down on Taliban; Supreme Leader, Chief Justice named
Grantchester axed after 11 years as ITV drama films emotional final series
Criminal action to be taken for unauthorised religious places on forest land: Maha Minister
Man fell down 26 feet into glacier crack. But his pet Chihuahua's one move saved his life