Women bank account holders under Pradhan Mantri Jan Dhan Yojana (PMJDY) will start getting a sum of Rs 500 per month from Friday in line with the announcement made by Finance Minister Nirmala Sitharaman last week, IBA said.
This is the first of the 3 monthly instalments under the Pradhan Mantri Garib Kalyan Yojana announced last week, the Indian Banks’ Association (IBA) said in a statement.