Avinash M. Wankhade Dr. Lalchand D. Bodile
Abstract:
The Pradhan Mantri Jan Dhan Yojana (PMJDY) was an initiative that was first started in 2014 with the intention of connecting every household in the country with the banking system. This objective was later shifted to include every unbanked adult. The primary purpose of the program is to assist residents in acquiring banking services such as credit, pension, and insurance at prices that are affordable to them.Among the underserved community, developing a pull for obtaining bank accounts was a critical difficulty, and in order to overcome this obstacle, the government concentrated on bottlenecks that prevented individuals from opening bank accounts
