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Sunday, May 3, 2020

The second installment of Rs.500 will be deposited in Jandhan account for women from May 4

The second installment of Rs 500 per month to the women beneficiaries of Jandhan Yojana will be credited to the women's account from May 4. Beneficiaries use the nearest ATM, Rupee Card, Bank Friend, CSP to get cash so that the branch is not overcrowded.

Finance Secretary Debashish Panda tweeted that beneficiaries can withdraw money through ATMs and BCs as per schedule. Whose schedule whose last number of accounts is 0 to 1 on 1st May, 2nd to 3rd number on 5th May, 4th to 5th number on 6th May, 6th to 8th number on 8th May, 8th on 11th May Money can be withdrawn from those whose account number is 9.

It may be mentioned that amid the Koro crisis, the Modi government had announced relief to women.

Finance Minister Nirmala Sitharaman had assured the women Jan Dhan account holders that Rs 500 would be deposited in their accounts for the next three months starting April 3 while announcing relief package of Rs 1.7 lakh crore. Such steps have been taken to ease the stress of the sections worst hit by lockdown imposed due to coronavirus.

The remittance under the scheme will be provided between April 3 and April 9. The IBA has said that amount will be deposited as per a schedule to ensure an orderly withdrawal of money. The money will be put into bank accounts of women as per the last digit of their Jan Dhan account numbers.

Account numbers that end with 0 or 1 will receive money on April 3, while those with 2 or 3 as last digits will get the amount on April 4. Similarly, account holders with 4 or 5 as the last digits will get the remittance on April 7. The money will be deposited in account numbers ending with 6 or 7 on April 8. Account numbers with 8 or 9 as their last digit will receive the remittance on April 9.

Beneficiaries can withdraw this money from the nearest ATMs and there is no need to rush to their bank’s branches at the time when people are advised to practice social distancing.

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