Finance Ministry urges Jan Dhan beneficiaries to follow schedule for withdrawal; avoid rush to banks

New Delhi: The Finance Ministry on Friday appealed to the ladies Jan Dhan (PMJDY) account holders to observe the schedule introduced by IBA for withdrawal of ex-gratia quantity, and keep away from rush at financial institution branches, in a bid to forestall unfold of lethal coronavirus. All banks from Friday have began remitting Rs 500 to beneficiary accounts according to the announcement made by Finance Minister Nirmala Sitharaman final week.

“Interesting PMJDY girls a/c holders to examine final digit of their a/c no. & observe schedule shared beneath to go to banks, CSP & Financial institution Mitras. Withdrawal will also be completed through any financial institution’s ATM. No fees for utilizing ATM. Let’s observe social distancing & struggle #corona,” Financial Providers Secretary Debasish Panda mentioned in a tweet.

As per the schedule by Indian Banks’ Affiliation (IBA), girls Pradhan Mantri Jan Dhan Yojana (PMJDY) account holders having account quantity with final digit as zero and 1 will get the cash of their account on April 3, whereas account ending with 2 or Three can method the financial institution on April 4.

On April 7, beneficiaries with account quantity ending with Four or 5 can accumulate their cash, whereas account ending with 6 or 7 could withdraw on the next day.

The final tranche could be remitted on April 9 for account quantity ending with eight or 9, it mentioned.

Whereas in case of an urgency, you’ll be able to withdraw the cash instantly, for orderly disbursal, you could observe banks’ fee plan, the ministry requested the beneficiaries.

That is the primary of the three month-to-month instalments beneath the Pradhan Mantri Garib Kalyan Yojana introduced final week.

Beneficiaries are inspired to make use of the neighbourhood ATMs with RuPay playing cards, Financial institution Mitras, CSPs as a lot as attainable to keep away from crowding on the branches, it mentioned.

“Please be aware that there will probably be no fees for withdrawing cash from different financial institution ATMs, at current, as per the federal government directives,” it mentioned.

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