In lockdown your bank account will be able to raise Rs 10,000 even if empty, know how?
The government has extended the lockdown limit across the country till May 3 to fight the Corona crisis. It has created concerns for the jobs and salaries of millions of people. In this case if you do not have money in your account then you can get great relief. Under the Jan Dhan Yojana, the government has provided overdraft facility of up to Rs. 10,000 to those who open the account, which you can withdraw at any time. Although the amount is not large, it is very important and useful when needed.
Up to 10,000 rupees
If you overdraft under Jan Dhan Account, different banks will charge different interest. The interest can range from 5% to 5%. Calculate monthly interest from 1 percent to 1.75 percent, which is not much. And if you make up to Rs 2 thousand under this scheme, then there will be no interest.
This feature will be available in any of the family accounts
accounts Under the Chandan Yojana, Rs 20 crore has been sent to the accounts of 20 crore women since the beginning of April. A total of 38 crore public funds have been opened in the country.
The government has provided Rs 500 in aid only to women but overdraft facility can be found on every account. One thing to consider is that the overdraft facility will be available in any of the family accounts.
The account opens on 0 balance
Under this scheme, the account holders also get life insurance and accident insurance. In addition, a debit card is also available and there is no minimum balance limit in the account. This account can be opened in any branch of any bank. In 2014, the Modi government announced the scheme. The purpose of the government was to deliver government assistance to the poorer stages of the country without any corruption.👇
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In lockdown your bank account will be able to raise Rs 10,000 even if empty, know how?
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April 15, 2020
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