PMJDY Essay For Students & Children In Simple English

The Prime Minister of India, Narendra Modi has launched a new scheme named Pradhan Mantri Jan Dhan Yojana. This scheme is aimed at providing financial inclusion to all Indians.



The Prime Minister, Mr. Narendra Modi, inaugurated the Pradhan Mantri Jan Dhan Yojana on August 28, 2014, which also happens to be Narendra Modi’s first birthday.

The Pradhan Mantri Jan Dhan Yojana was the most significant financial program that contributed significantly to a country’s growth while also supporting digital India.


Who is India’s honorable Prime Minister, who has had tremendous success in making India better and creating different real methods by eliminating all black money and also building places, structures, and other public systems so that everyone may benefit from them.

Pradhan Mantri Pradhan Mantri Pradhan Mantri Prad Jan Dhan Yojana was launched so that everyone can receive SMS for various financial services such as opening a bank account and conducting transactions in the bank such as depositing and withdrawing money, as well as various insurance and pensions that were previously unavailable to the general public who could not afford to open a bank account.

A valid passport, driver’s license, or PAN card, also known as the permanent account number, may be used to establish a Yojana and a bank account under the Pradhan Mantri Jan-Dhan Yojana.



People benefited from the Pradhan Mantri Jan Dhan Yojana, which offered significant advantages to the general public. There was a decent intraday bulb on deposit, as well as a Rs 1 lakh accidental insurance cover.

There was also a minimum account balance requirement, however under the Pradhan Mantri Jan-Dhan Yojana, there was none.


The program also included a Rs. 30,000 life insurance policy that would be paid out if the account holder died, demonstrating that the family’s needs could be met.

There was also the simple transfer of money accessible in India, where a person may send money from any Indian court to a person residing in another area of the country.

It also gave access to pensions and insurance policies, which was a significant benefit to older individuals who had matured their policies and had retired from their jobs, since they could now receive a monthly income.

There was also an overdraft facility available for up to 5000 individuals, but it was only accessible for one account and house, and it was mostly provided to the house leader.



The Pradhan Mantri Jan Dhan Yojana is very important in the lives of Indian citizens and has also played an important part in the country’s growth.

When everyone has a bank account, they may save money in it rather than having it at home, since money stored at home is readily spent, while money maintained in a bank is not, which is a very beneficial thing for the Indian people.

It has played an important part in the country’s growth since everyone has access to a bank account where they may store money, withdraw money from the bank account, and transfer money to another account in a short period of time, saving time and money on travel.

If you have any more questions on Essay PMJDY, please post them in the comments section below.


Frequently Asked Questions

What is Jan Dhan Yojana in simple words?

Jan Dhan Yojana is a financial inclusion scheme launched by the Indian Government with the objective of increasing access to bank accounts and financial services for all citizens.

What is the aim of Pmjdy?

The aim of Pmjdy is to provide a fun and exciting game for players.

What are the features of Jan Dhan account?

The Jan Dhan account is a type of bank account provided by the Indian government. It was created with an aim to provide financial inclusion for all citizens in India, and has been operational since July 2015.

About the Author: Prateek

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