Pradhan Mantri Jan Dhan Yojana (PMJDY) – Complete Guide 2026

The Pradhan Mantri Jan Dhan Yojana (PMJDY) is a flagship financial inclusion program launched by the Government of India. It aims to provide universal access to banking services, especially for the unbanked and economically weaker sections of society.

In this article, you will find full details of PMJDY, including its objectives, benefits, eligibility, features, account opening process, and how to access various facilities online.

What is Pradhan Mantri Jan Dhan Yojana (PMJDY)?

PMJDY was launched on 28 August 2014 by Prime Minister Narendra Modi to ensure that every citizen, particularly the poor, has access to banking services. It provides opportunities for bank accounts, credit, insurance, and pension under one platform.

Key Objectives:

• Promote financial inclusion across India

• Enable easy access to bank accounts for all citizens

• Provide social security benefits through insurance and pension schemes

• Encourage digital banking and cashless transactions

Features of PMJDY

1. Zero-Balance Accounts: No minimum balance required

2. Rupay Debit Card: Each account comes with a free debit card

3. Accidental Insurance: Coverage of ₹2 lakh for account holders

4. Overdraft Facility: Up to ₹10,000 for eligible accounts

5. Direct Benefit Transfer (DBT): Subsidies and government benefits transferred directly to the account

6. Mobile Banking: Facility to use mobile banking and UPI

7. Pension and Insurance Schemes: Access to PMJJBY, PMSBY, Atal Pension Yojana

Eligibility for PMJDY

PMJDY is open to all Indian citizens, with special focus on:

• Economically weaker sections

• Rural and urban poor

• Students and small entrepreneurs

Documents Required:

• Aadhaar Card (Mandatory for KYC)

• Identity Proof (Voter ID, Passport, Driving License)

• Address Proof (Ration Card, Utility Bill, Aadhaar)

• Mobile Number (Optional but recommended)

How to Open a PMJDY Account

Online Process:

1. Visit the official website: https://pmjdy.gov.in

2. Click on “Know Your Bank Account” / “Apply Online”

3. Fill in Aadhaar details and personal information

4. Submit KYC documents

5. Your PMJDY account will be activated

Offline Process:

• Visit your nearest bank branch

• Submit Aadhaar and KYC documents

• Fill the PMJDY account opening form

• Collect your Rupay debit card

Benefits of PMJDY

• Financial Inclusion: Brings unbanked citizens into the formal banking system

• Direct Benefit Transfer: Easy access to subsidies and government schemes

• Insurance Coverage: Life and accident insurance at zero cost

• Overdraft Facility: Credit support for emergencies

• Promotes Cashless Transactions: Encourages digital banking and UPI payments

PMJDY Statistics (As of 2026)

• Over 50 crore bank accounts opened under PMJDY

• Around ₹80,000 crore deposited in zero-balance accounts

• Millions of citizens availing insurance and pension benefits

Common FAQs About PMJDY

Q1. Can I open a PMJDY account without Aadhaar?

• Aadhaar is mandatory for KYC verification, but other ID proofs may work for basic accounts.

Q2. Is there a minimum balance requirement in PMJDY account?

• No, PMJDY accounts can be zero-balance accounts.

Q3. Can I get a Rupay debit card with PMJDY account?

• Yes, all accounts come with a free Rupay debit card.

Q4. Is PMJDY account linked with government benefits?

• Yes, it is linked to schemes like LPG subsidy, MGNREGA, and pension schemes.