Full formGovernment & Exams
PMJDYstands forPradhan Mantri Jan Dhan Yojana
Full Form of PMJDY
What is PMJDY?
Pradhan Mantri Jan Dhan Yojana (PMJDY) is India's flagship financial inclusion scheme launched by Prime Minister Narendra Modi on August 28, 2014. The scheme aims to provide comprehensive banking services to every unbanked household in India, ensuring access to savings accounts, need-based credit, remittance facilities, and insurance coverage. It operates as a national mission under the Department of Financial Services, Ministry of Finance, and is implemented across all urban and rural areas through public and private sector banks. PMJDY has played a transformative role in reducing financial exclusion by opening over 50 crore accounts, enabling direct benefit transfers (DBT) of subsidies, and integrating millions into the formal banking system. The scheme is particularly relevant for government exam aspirants in India, as it is frequently asked in competitive exams like UPSC, SSC, and banking exams questions on financial inclusion and social welfare schemes.
PMJDY का फुल फॉर्म
प्रधानमंत्री जन धन योजना
Example
Under PMJDY, my grandmother opened a zero-balance savings account and received a RuPay debit card with inbuilt accident insurance cover.
PMJDY — frequently asked questions
What is the full form of PMJDY?
The full form of PMJDY is Pradhan Mantri Jan Dhan Yojana, a national financial inclusion scheme launched by the Government of India.
What are the main benefits of PMJDY?
PMJDY provides a zero-balance savings account, RuPay debit card with accident insurance cover of ₹2 lakh, overdraft facility up to ₹10,000, and access to other government schemes.
Is PMJDY still active in 2025?
Yes, PMJDY continues to be operational as a flagship scheme, with accounts being opened and benefits disbursed regularly across India.