#1
26th November 2016, 12:59 PM
| |||
| |||
Overdraft Account In Central Bank Of India
I want to know overdraft amount on Pradhan Mantri Jan-Dhan Yojna fixed by Central Bank Of India?
|
#2
26th November 2016, 03:12 PM
| |||
| |||
Re: Overdraft Account In Central Bank Of India
As you want to know overdraft amount on Pradhan Mantri Jan-Dhan Yojna fixed by Central Bank Of India, here I will let you know about it. Eligibility a) BSBD accounts, which are operated satisfactorily for at least six months b) OD to be granted to the earning member of family, preferably women of the house. c) There should be regular credits under DBT/ DBTL scheme/other verifiable sources d) Account should be seeded with Aadhaar for avoiding duplicate benefit e) BSBD account holder should not be maintaining any other SB account with any Bank/branch to ensure compliance with RBI directives. f) Age of applicant between 18 years to 60 years Loan amount a) 4 times of Average monthly balance b) or, 50% of credit summations in account during the preceding 6 months c) or, Rs 5000/- whichever is lower Features Mobile Number of the borrower/family members to be kept on record Aadhaar number will remain seeded with NPCI during the period of loan. Move-out of Aadhaar for such accounts will be restricted by NPCI. SBOD account will become primary account to receive all subsidies/benefits. DBT should also be frozen to such accounts till the currency of loan. NPCI will provide repository of Aadhaar Seeding for SBOD to the Banks to verify any earlier seeding. Loan accounts will be subject to IRAC norms of RBI. Pradhan Mantri Jan-Dhan Yojna Address:- Central Bank Of India Chander Mukhi, Nariman Point Mumbai – 400 021 Phone:- 022 – 6638 7777 |
|