InvestorQ : Do Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts have any minimum balance requirement?
shivangi Arora made post

Do Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts have any minimum balance requirement?

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Anusha Savla answered.
2 years ago
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No. The Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts do not have any minimum balance requirements. This is because it is similar to a no-frills account. Furthermore, the basic purpose of the account is to bring more people in the banking net and reduce under penetration of the banking system in India.

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