Benefits of Zero Balance Accounts
Individuals can avail the following benefits free of cost using their zero balance accounts opened under the PMJDY:
- Deposit money
- Withdraw cash
- Transfer funds instantly
- Check the balance in their account
- Mobile banking facility
- Receive mini-banking statements
- Life insurance cover of Rs.30,000, if opened before 26th January 2015
- Accidental Insurance cover of Rs.1 lakh, if certain conditions are fulfilled
- RuPay Debit card facility
