India / Women account holders of PMJDY to get 2nd instalment of ₹500

Union Finance Ministry announced that under the PM Garib Kalyan package, women account holders of Pradhan Mantri Jan Dhan Yojana (PMJDY), will get the second instalment of ₹500 for the month of May. The government has released dates on which beneficiaries can withdraw money. This is part of the relief package in view of the coronavirus lockdown.

india.com : May 02, 2020, 10:06 PM
New Delhi: The Centre will start crediting the second installment of Rs 500 to over four crore Jan Dhan accounts of poor women from May 4, in line with the announcement made by Finance Minister Nirmala Sitharaman in March. As part of a relief package in view of the lockdown due to the coronavirus outbreak, the Narendra Modi-led government on March 26 had announced that an ex-gratia payment of Rs 500 would be credited to women Jan Dhan account holders for the next three months, starting from April. 

“Instalment of Rs.500 for the month of May has been sent to the bank A/cs of PMJDY women beneficiaries under Pradhan Mantri Garib Kalyan Package. “Beneficiaries are requested to follow the schedule shared below to visit banks & CSPs. Money can also be withdrawn via ATMs & BCs,” Financial Services Secretary Debasish Panda said in a tweet today.

Furthermore he said,”The transfer has been staggered over a period of five days to avoid rush at the bank branches. This will help in ensuring social distancing and avoid overcrowding in banks.”

As per the schedule, women account holders under the Pradhan Mantri Jan Dhan Yojana (PMJDY) having account number with last digit as 0 and 1 will get the money in their account on May 4, while accounts ending with 2 or 3 can approach the bank on May 5.

On May 6, beneficiaries with account numbers ending with 4 or 5 can collect their money, while accounts ending with 6 or 7 may withdraw on May 8.