I have no official valid document for opening Pradhan Mantri Jan Dhan Yojana account. Can I still open an account with bank ?






Varun Varun
Answered on March 23,2019

Those persons who do not have any of the ‘officially valid documents’ can open “Small Accounts” with banks.

A “Small Account” can be opened on the basis of a self-attested photograph and putting his/her signatures or thumb print in the presence of an officials of the bank. Such accounts have limitations regarding the aggregate credits (not more than Rupees one lac in a year), aggregate withdrawals (nor more than Rupees ten thousand in a month) and balance in the accounts (not more than Rupees fifty thousand at any point of time).

These accounts would be valid normally for a period of twelve months. Thereafter, such accounts would be allowed to continue for a further period of twelve more months, if the account-holder provides a document showing that he/she has applied for any of the Officially Valid Document, within 12 months of opening the small account