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PMJDY remains driving factor behind empowerment of unbanked; 51 cr accounts opened

by AIP Online Bureau | Dec 19, 2023 | Data, Eco/Invest/Demography, Life, Non-Life, Risk Management

More than 41 crore beneficiaries have benefited from accident insurance worth Rs 2 lakh under Pradhan Mantri Suraksha Bima Yojana New Delhi: Pradhan Mantri Jan Dhan Yojana (PMJDY) remains the driving factor behind the empowerment of countless unbanked citizens with...

Over 55% PMJDY account holders are women, says Finance Ministry

by AIP Online Bureau | Dec 7, 2021 | Banking & Bancassurance, Data, Eco/Invest/Demography

There are as many as 43.90 crore beneficiaries of the PMJDY account holders in the country as of November 17, 2021, Minister of State for Finance Bhagwat Karad said in a written reply in the Lok Sabha. Of these, as many as 24.42 crore are female beneficiaries as...

Indian Banks Issue 31.67 Cr RuPay Debit Cards To PMJDY Account Holders

by AIP Online Bureau | Nov 14, 2021 | Data, Eco/Invest/Demography, Policy

In 2018, the government launched PMJDY 2.0 with enhanced features and benefits. Under the new version, the government decided to shift focus from ‘Every Household’ to ‘Every Unbanked Adult’ and free accidental insurance cover on RuPay cards was doubled to Rs 2 lakh...
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