PM Jan Dhan Yojana: Govt to Transfer Final Installment of Rs 500 from Today; Check Important Updates Here

To help the poor amid the COVID-19 crisis, the government has started sending Rs. 500 to Women Jan Dhan bank account holders from today for the next three months. The amount is the third installment under PM Garib Kalyan Package which was announced by Nirmala Sitharaman on March 26 to provide relief to the village people amid the nationwide lockdown.  

Moreover, the government has requested beneficiaries to follow the schedule to visit banks, and CSPs and money can also be withdrawn via ATMs and BCs, the Financial Services Department under the Finance Ministry informed through a video message. As per reports, installment of Rs 500 for June has been sent to the bank accounts of PMJDY women beneficiaries under the Pradhan Mantri Garib Kalyan Package. 

10 thousand 29 crore rupees credited to 20.05 crore women under PMJDY 

As per reports, ten thousand 29 crore rupees were credited to 20.05 crore women Jan Dhan account holders as the first instalment. The number of women PMJDY account holders whose accounts have been debited by customer induced transactions under 1st instalment is 8.72 crore. Ten thousand 3 hundred 15 crore rupees were credited to 20.62 crore women Jan Dhan account holders with the second instalment. The number of women PMJDY account holders whose accounts have been debited by customer induced transactions under 2nd instalment is 9.7 crore.  

How to Get Final Installment under the Pradhan Mantri Jan Dhan Yojana (PMJDY)? 

On the other hand, the government has used a new technique of odd-even number to avoid overcrowding in banks and ensuring social distancing.  

As per the schedule, women account holders under the Pradhan Mantri Jan Dhan Yojana (PMJDY) having account number with the last digit as 0 and 1 will get the money in their accounts on June 5, while accounts ending with 2 or 3 can approach the bank on June 6. 

On the other hand, the beneficiaries whose account numbers ended with 4 or 5 can collect their money on June 8, while accounts ending with 6 or 7 may withdraw on June 9. 

The last tranche would be remitted on June 10 for account numbers ending with 8 or 9, it said. 

In an emergency case, the beneficiary can withdraw the money immediately but must follow the banks' payment plan for orderly disbursal, it added.