PRADHAN MANTRI JAN-DHAN YOJANA

CHAPTER-
AN OVERVIEW OF REPORT

INTRODUCTION

The pradhan mantra jan dhan yojana is a inational mission for financial inclusion launchad in
august 2014 deemed to ensure access to financial services namely banking saving and deposit
account remittance credit insurance and pension in an affordable manner.

The aspect of financial inclusion is aimed towards delivering financial services at an

affordable cost to low-income segments of the society with an aim to promote banking activity
among the financially excluded people and reduce povety the scheme is an innovative concept in
that direction.

BASIS OF BENEFICIARIES:
1. Interest is offered on the deposits that are made towards the savings account
opened under the scheme.
2. Individuals need not maintain a minimum balance under the scheme however in
case they wish to avail cheque facilities a minimum balance must be maintained.
3. Individuals receive accidental insurance cover of $1.1lakh under the rupay scheme.
4. Under the scheme insurance products and pension access are provided.
5. Account holder can check their balance using the mobile banking facility.
6. An overdraft facility of $5000 is provided to one account in the household the
facility is usually provided to the lady in the house.
7. In case individuals are beneficiaries of government scheme direct benefit transfer
option is provided.
8. In case the account was opned between 2014 and 31 january 2015 life cover of
$30000 is provided in case the beneficiary passes away.

CONCEPTUAL FRAME WORK:

OBJECTIVES OF THE REPORT:

The major objective of newly announced pradhan mantrai jan –dhan yojana

1. To provide a bank account to every poor in life country.

2. To provide interst free loan to small farmers.
3. To provide free financial assistance to tribal communities.
4. To provide free medical facility to minority people.
 REVIEW OF LITERATURE:

1. SHARMA AND KUKREJA:

An analytical study relevance of financial inclusion for developing nation.
Secondary data parameter used current status of FI access of rural people to bank. There was a big
gap between inclusion and the rural people need.

2. BARHATE AND JAGTAP:

Pradhan mantrai jan dhan yojana the study reveabled that the scheme helpful
to boost the previous scheme secondary data.

3. HUSSIAM:
Pradhan mantrai jan dhan yojana the must intensive financial inclusion scheme
in india secondary data parameter this scheme was not only beneficial to eradicate poverty curb
corruption but also helpful to generate employment opportunity.

SCOPE:
Area of only cover in channagiri.

METHOLOGY:

The research design is descriptive in natur the data used for the study is secondary data is
collected form CRISIL inclusion various report of RBI and website.Financial inclusion report published
by RBI and government of india committees international institations like international monetaey
fund and work bank.

PRIMARY DATA:

Primary data refers to the first hand data gathered by the researcher himself on the other
hand secondary data is information which has been collected in the past by someone else.

SECONDARY DATA :

Secondary data refers to data that is collected by someone others of secondary data for
social science include censuses information collected by government departments organizational
records and data that was originally collected for other research purpose.

LIMITATIONS:

1. Availability to people in age group 18-70 yearswith bank account

2. Rs1 per annum with effect from june 1 2022 the premium is Rs 20 per annum
STAMEMENT OF PROBLEM:

1. Behaviour of employee not good.

2. Delay in processing.
3. Lack of agent support.
4. Inadequate information.
5. Lack of awareness among employees.
6. Banker reluctant to open your account .
7. Lengthy process.