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From Debit cards, to SMS banking and additional benefits from the Government of India, at zero balance requirement, the Jan Dhan Yojana has the best facilities to offer. Any branch banking and the inbuilt accident cover serve as the cherry on the cake for this exciting Saving scheme.<br /> <div class="demat_benefits"> <div class="demat_text"> <h4> Features and Benefits:</h4> <ol> <li> <span style="font-size:10.0pt;">RuPay &nbsp;debit cards with usage at all ATMs, POS and e-commerce in India with an accident cover of Rs. 1 lakh</span></li> <li> <span style="font-size:10.0pt;">Issuance of RuPay &nbsp;debit cards(AMC waiver for 1 st year) to individuals/joint accounts will be as per the existing practice applicable to Regular Savings account.</span></li> <li> <span style="font-size:10.0pt;">The daily combined limit for RuPay card will be Rs 10000/- which will include cash withdrawal at ATM, POS and online.</span></li> <li> <span style="font-size:10.0pt;">No restrictions on the number of POS transactions for Rupay debit card</span></li> <li> <span style="font-size:10.0pt;">Facility of Any Branch Banking</span></li> <li> <span style="font-size:10.0pt;">SMS Banking facility</span></li> <li> <span style="font-size:10.0pt;">Direct benefit transfer to receive Govt.subsidies.</span></li> <li> <span style="font-family:arial,sans-serif;"><span style="font-size:10.0pt;">No Internet banking, Mobile banking and Cheque book facility</span></span></li> </ol> </div> </div> <br /> <div class="demat_benefits"> <div class="demat_text"> <h4> Interest Rates:</h4> <p> Interest Rate applicable on PMJDY Savings Account is 3% <strong>p.a. w.e.f. 1st June 2020</strong> with quarterly rest.</p> </div> </div> <br /> <div class="demat_benefits"> <div class="demat_text"> <h4> Eligibility:</h4> <p> A resident individual of above 10 years of age can open PMJDY Savings Account.</p> </div> </div> <br /> <div class="demat_benefits"> <div class="demat_text"> <h4> Mode of Holding:</h4> <p> Single or Joint</p> </div> </div> <br /> <div class="demat_benefits"> <div class="demat_text"> <h4> Restrictions:</h4> <ol> <li> No limit on the number of credit transactions during a month.</li> <li> Daily combined limit for RuPay debit card is Rs 10,000/- which includes cash withdrawal at ATM, usage at merchant establishment and e-commerce.</li> <li> No restrictions for Rupay debit card on the number of transactions at merchant establishment.</li> </ol> </div> </div> <br /> <div class="demat_benefits"> <div class="demat_text"> <h4> Service Charges:</h4> <ol> <li> <span style="font-size:10.0pt;">No minimum balance charges applicable</span></li> <li> <span style="font-size:10.0pt;">No limit on the number of credit transactions during a month.</span></li> <li> <span style="font-size:10.0pt;">No charges will be applicable for nonoperation of account or activation of an inoperative account.</span></li> <li> <span style="font-size:10.0pt;">Cash withdrawal at Saraswat Bank ATMs will be free of charge.</span></li> <li> <span style="font-size:10.0pt;">AMC waiver for 1<sup>st</sup> year&nbsp; on issuance of RuPay debit card. No charges for cash withdrawal at Saraswat bank ATM.</span></li> <li> <span style="font-size:10.0pt;">Maximum of 4 debit transactions are allowed per month free of charge to the customers for cash withdrawals at branch. Thereafter, cash&nbsp;&nbsp; withdrawals at branch will be charged at Rs.10/- plus service tax per transaction.</span></li> <li> <span style="font-size:10.0pt;">Free first 5 transactions (financial and nonfinancial) per calendar month on other Bank ATMs. Thereafter, transactions at other Bank ATMs for cash withdrawal will be charged at Rs. 20/- plus service tax and non-financial transaction will be charged at Rs. 10/- plus service tax.</span></li> <li> <span style="font-size:10.0pt;">ABB charges i.e. cash deposit, withdrawal and handling charges as applicable to Regular Savings Account will be levied</span></li> <li> <span style="font-family:arial,sans-serif;"><span style="font-size:10.0pt;">No charges for account closure</span></span></li> </ol> </div> </div> <br /> <div class="demat_benefits"> <div class="demat_text"> <h4> Other Points:</h4> <ol> <li> Holders of PMJDY Savings Account with one branch will not be eligible for opening another PMJDY Savings Account at any other branches of our Bank or with another Bank.</li> <li> If an individual has an existing live Savings Account (other than PMJDY) in our Bank then he/she need not open a separate PMJDY Savings Account.</li> </ol> </div> </div> <div class="demat_benefits"> <div class="demat_text"> <h4> Documents:</h4> <a href="Assets/KYC documents 02.06.2020.pdf">Click here</a> to download KYC documents submission requirement.</div> </div> <div class="demat_benefits"> <div class="demat_text"> <h4> Download Application Form:</h4> <p> <a href="Assets/KYC documents.pdf">Click here</a> to download the account opening form.</p> </div> </div> <br />