Pradhan Mantri Jan Dhan Yojana (PMJDY)
Enjoy easy deposits, secure withdrawals, and essential banking features with a basic savings account suited for individuals and households
Zero balance account for eligible customers
Easy access to deposits, withdrawals and transfers
RuPay card facility based on eligibility
Supports direct benefit transfers from Government schemes
Overview
The PMJDY Savings Bank Account is part of the Pradhan Mantri Jan Dhan Yojana, a national mission aimed at providing basic banking access to every household. This account supports essential services such as deposits, etc
Product Highlights
Customers benefit from a zero balance facility, RuPay debit card eligibility, simplified KYC requirements, and access to TMB’s branch and ATM network. The account supports direct benefit transfers, enabling timely receipt of Government subsidies and welfare payments
Features and Benefits
The PMJDY Savings Bank Account offers core banking services including cash deposits, withdrawals, balance inquiries, and fund transfers. Eligible customers may receive a RuPay debit card with accidental insurance benefits as per scheme rules
Eligibility
Available to individuals meeting PMJDY guidelines who do not already hold a basic savings bank deposit account with Tamilnad Mercantile Bank
Frequently Asked Questions
Find answers to the most common questions about eligibility, benefits, and
features of the TMB Royal Savings Bank Account