The upper limit for deposits in Jan Dhan account is Rs 50,000
Total deposits in Jan Dhan accounts surged by around Rs 28,973 crore in about a month after the announcement of ban on old Rs 500 and Rs 1,000 currency notes
Decision has been taken to protect the farmers and rural account holders of Pradhan Mantri Jan Dhan Yojana from activities of money launderers
Under the project, the government will organise camps in various parts of the state to facilitate opening of Jan Dhan accounts
In a recent case, an idle account was used for transferring large funds without the knowledge of the accounts holder
SBI Chairperson Arundhati said even though scheme has ended, they have been opening 60K to 70K accounts everyday with nominal charge of Rs 20