Giving a boost to the Centre's financial inclusion agenda under the ambitious 'Pradhan Mantri Jan Dhan Yojana' scheme, all households in Punjab now have bank accounts.
With this, Punjab has become third state in the country after Kerala and Madhya Pradesh where all households have bank accounts, said a release issued by PNB here.
In a door to door survey carried out by banks in Punjab, it was found that out of total households of 54,76,724, as many as 45,73,705 households were already having bank accounts. Thus, 8,63,524 households were to be covered for opening bank accounts.
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The PMJDY scheme envisages accidental insurance of Rs one lakh, life insurance cover of Rs 30,000, issuance of Rupay Debit Card to every account holder.