PM JAN DHAN ACCOUNT: You will be happy to know that the Government of India has launched Jan Dhan Yojana Overdraft to support the financially weaker sections.
Under this scheme, you can withdraw up to ₹ 10,000 even if there is no money in your savings account. Let’s know about this scheme in detail!
What is PM Jan Dhan Yojana Overdraft
PM Jan Dhan Yojana Overdraft is a scheme of the Government of India, by taking advantage of which you can get the facility of overdraft from your Jan Dhan account.
In simple words, overdraft is a kind of loan, which is linked to your savings account. Even if there is no balance in your account, you can withdraw money up to a prescribed limit.
Benefits of Jan Dhan Overdraft Scheme
Financial Help: If you suddenly need money for some important work, but there is no money in your savings account, then in such a situation Jan Dhan Overdraft Scheme can prove to be very helpful for you.
Interest Rates: The interest rates charged on the overdraft given under this scheme are much lower than the market.
Banking Facilities: By opening a Jan Dhan account, you get many types of banking facilities, such as ATM card, passbook, internet banking etc.
![Prime Minister's Jan Dhan Account](https://www.timesbull.com/wp-content/uploads/2024/05/Prime-Ministers-Jan-Dhan-Account-jpg.webp)
Required documents
Jan Dhan account passbook
Aadhaar card
One passport size photo
How to avail the Jan Dhan overdraft scheme
If you want to avail this scheme, then follow these easy steps:
Go to your nearest bank branch.
Take your Jan Dhan account passbook with you.
Go to the bank and fill the application form for the overdraft scheme.
Fill the form completely and submit it to the bank manager.
After this, the overdraft amount will be provided to you by the bank.