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Wednesday, August 27, 2014

Pradhan Mantri Jan Dhan Yojana – The Holy Grail of Safe ePayments in India


            The world of Safe ePayments is set to witness a historic event on 28/08/2014 with the roll-out of Pradhan Mantri Jan Dhan Yojana across India.

            Did you know that PM Narendra Modi has sent an email to all Bank Officers in India urging them to whole-heartedly support the Pradhan Mantri Jan Dhan Yojana roll-out.
            The social media’s has been bombarded with regular Jingles

            This is in line with PM’s announcement in his Independence Day speech.

            On activation of the Bank Account, the account holder will be provided with a RuPay Debit Card.
            The scheme name ‘Jan Dhan’ of the Pradhan Mantri Jan Dhan Yojana  was suggested by 7 individuals amongst 6000 enteries received at mygov.nic.in  

            The tagline of the logo says ” Mera Khata – Bhagya Vidhaata” which when translated into English means ” My Bank Account – The road to the Good Fortune”.

            HDFC Ergo has won the mandate to provide an insurance cover of Rs 1 lakh to all RuPay cardholders who can be claimed in case of death or permanent disability.

            An overdraft of INR 5000/- will be allowed after satisfactory operation in the account for 6 months.

            The launch is planned at 76 parallel functions all over India, with the main function being at Delhi presided over by PM Narendra Modi.

            Read all articles on PM here



           
           


            

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