The central government has announced that even individuals who have existing bank accounts can avail ‘Jandhan’ scheme.
The press release on this issue states that it is essential for the interested customer to approach the bank where he/she keeps account and learn about the Jandhan scheme and apply for the same.
When the application is approved, the existing account holders will also come under Jandhan scheme and will be given RuPay Debit Cards & insurance coverage for Rs. 1 Lakh.
If they maintain their accounts at a satisfactory level over a fixed period of time, Rs. 5000/- may be lent by the bank.
Information from reliable sources is that the central government has instructed the banks to entertain the loan applications from women in quick time. Known as ‘Prime Minister’s Finance Plan’, over 6 Crore individuals are expected to open (new) accounts in banks before 26th January.