Home |Pradhan Mantri Shram Yogi Maan-Dhan Yojana | Is there any penalty for failed deposit to the Pradhan Mantri Shram Yogi Maan-Dhan Yojana account ?

Is there any penalty for failed deposit to the Pradhan Mantri Shram Yogi Maan-Dhan Yojana account ?

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Guna Guna
Answered on March 17,2019

There is no penalty for failed deposit. But there is a facility to deposit the outstanding dues along with penalty charges in next month. So that they can maintain the account regular.

There is no tax reduction or exemption for Pradhan Mantri Shram Yogi Maan-Dhan Yojana account.

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