Answered on March 23,2019
For getting the life insurance cover as per Pradhan Mantri Jan Dhan Yojana scheme, accounts opened between 15.08.2014 to 26.01.2015 (now extended to 31.01.2015) for the first time will get the benefit. Existing account holders can get issued a RuPay Card in his existing account to get benefit of accident insurance. Credit facility can be extended in the existing account if it is being operated satisfactorily. Therefore, existing account holders need not open new accounts under Pradhan Mantri Jan Dhan Yojana scheme.
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