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Nation

COVID-19 relief package,banks to begin transfer of Rs 500 to women PMJDY account holders from today

by TLN Team April 3, 2020April 4, 2020
written by TLN Team April 3, 2020April 4, 2020
COVID-19 relief package,banks to begin transfer of Rs 500 to women PMJDY account holders from today

After the announcement of Finance Minister Nirmala Sitharaman, Women bank account holders under Pradhan Mantri Jan Dhan Yojana (PMJDY) will start getting a sum of Rs 500 per month from Friday, Indian Banks’ Association (IBA) informed.

As per the information, this is the first of the 3 monthly instalments under the Pradhan Mantri Garib Kalyan Yojana announced last week.

The remittance under the recently announced Pradhan Mantri Garib Kalyan Yojana will be credited between April 3 and April 9.

As per the schedule, women PMJDY account holders having account number with last digit as 0 and 1 will get the money in their account on April 3, while account number ending with 2 or 3 can approach the bank on April 4. On April 7, beneficiaries with account number ending with 4 or 5 can collect their money and account number with last digit of 6 or 7 may withdraw on the following day.

The directive is mainly focusing to ease the stress of the sections worst hit by the novel coronavirus, or COVID-19, pandemic in India.

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