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

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Zero balance account for eligible customers

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Easy access to deposits, withdrawals and transfers

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RuPay card facility based on eligibility

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Supports direct benefit transfers from Government schemes

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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

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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

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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

PMJDY is a national financial inclusion scheme aimed at providing basic banking services to all households.

PMJDY is a national financial inclusion scheme aimed at providing basic banking services to all households.
Any eligible individual not having a bank account can open a PMJDY account.

Any eligible individual not having a bank account can open a PMJDY account.
PMJDY accounts do not require a minimum balance as per scheme guidelines.

PMJDY accounts do not require a minimum balance as per scheme guidelines.
The account provides basic banking facilities including a debit card and access to government schemes.

The account provides basic banking facilities including a debit card and access to government schemes.
Insurance benefits if any are provided as per government scheme rules.

Insurance benefits if any are provided as per government scheme rules.
PMJDY is a national financial inclusion scheme aimed at providing basic banking services to all households.

PMJDY is a national financial inclusion scheme aimed at providing basic banking services to all households.
Any eligible individual not having a bank account can open a PMJDY account.

Any eligible individual not having a bank account can open a PMJDY account.
PMJDY accounts do not require a minimum balance as per scheme guidelines.

PMJDY accounts do not require a minimum balance as per scheme guidelines.
The account provides basic banking facilities including a debit card and access to government schemes.

The account provides basic banking facilities including a debit card and access to government schemes.
Insurance benefits if any are provided as per government scheme rules.

Insurance benefits if any are provided as per government scheme rules.