Government Schemes
Central and state government banking and credit schemes.
Articles
Frequently Asked Questions
No — PMJDY accounts can generally be opened and maintained with a zero balance, which is part of what makes the scheme accessible to low-income and previously unbanked individuals.
Yes. Both PMSBY and PMJJBY are open to any eligible bank account holder within the specified age bracket, not just PMJDY account holders, and are typically renewed each year via auto-debit consent.