If you have an old bank account, it can be easily converted to a Jan Dhan account. For this, you need to go to the bank branch and apply for a rupee card. After that, after filling out a form, your bank account will be converted to John Dhan Yojana. At the same time, if you want to open your new Jan Dhan account, you need to fill out a form at the bank. It should include name, mobile number, name of the bank branch, address of the applicant, nominee, business / employment and annual income and number of dependents, SSA code or ward number, village code or city code etc.
Many benefits of Jan Dhane are in the free account
- If you have a Jan Dhan account, you can withdraw up to Rs 10,000 from your account through overdraft.
- Accident insurance cover is available up to Rs 2 lakh and life insurance cover is up to Rs 30,000.
- A free mobile banking facility is provided with the account
- Rupee debit card is given to the holder of John Dhan account. The account is easily opened for pension in schemes like PM Kisan and Shramayogi Madhan if John eats Dhan.
Bankers and experts say that according to government regulations, a person can have only one wealth account. In such a situation, when a person goes to open another account, it is immediately found from the document that the Jan Dhan account is already opened in another bank. In this situation, banks will not open public money accounts. However, experts also said that private banks are ashamed to open Jan Dhan accounts because they are too expensive for themselves. It will open at zero balance and no fee will be charged for any service.