Jan Dhan Yojana

byPaytm Editorial TeamLast Updated: December 29, 2025

Meaning & Definition

Pradhan Mantri Jan Dhan Yojana (PMJDY) is a government scheme started to give every citizen access to basic banking services. It allows people to open a bank account even with zero balance and limited documents.

Why It Is Important

  • Promotes financial inclusion
  • Helps receive government benefits directly
  • Encourages saving habits

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.

You May Also Like

Fixed Deposit (FD)Last Updated: October 21, 2025

Definition A Fixed Deposit (FD) is a bank investment where a lump sum is deposited for a fixed…

Pradhan Mantri Garib Kalyan YojanaLast Updated: November 14, 2025

Meaning The Pradhan Mantri Garib Kalyan Yojana (PMGKY) was launched to support the poor during crises like the…

UPI 123PayLast Updated: July 16, 2025

Meaning and Full Form UPI 123Pay is an offline UPI payment solution launched by RBI to help feature…

UPI App PermissionsLast Updated: October 21, 2025

Definition UPI App Permissions are access rights that a UPI app requires, such as SMS or contact access,…

UPI Transaction Limits APILast Updated: October 21, 2025

Definition UPI Transaction Limits API allows apps to verify the maximum and minimum transaction limits set by banks…