According to the staggered withdrawal plan, prospects with an account quantity ending with zero and 1 can withdraw the quantity on Monday. Accordingly, these with account numbers ending with 2 and three can withdraw on May 5, numbers four and 5 on May 6, numbers 6 and seven on May eight and numbers eight and 9 on May 11.
Agartala: People wait to gather ration throughout the ongoing COVID-19 nationwide lockdown, in Agartala, Sunday, May 3, 2020. (PTI Photo)
New Delhi: Even because the nationwide lockdown has been prolonged until May 17, there may be some aid for ladies with Jan Dhan account because the banks will begin transferring the second instalment of Rs 500 to checking account holders from Monday.As per the staggered withdrawal plan for May, prospects with an account quantity ending with zero and 1 can withdraw the quantity on Monday. Accordingly, these with account numbers ending with 2 and three can withdraw on May 5, numbers four and 5 on May 6, numbers 6 and seven on May eight and numbers eight and 9 on May 11.
However, after May 11, Jan Dhan account holders can withdraw the quantity at any day when the financial institution stays open as per their comfort.
After May 11, the beneficiaries can withdraw cash at any financial institution any day at their comfort.
This plan was carried out by the division of monetary companies in April by which the federal government has launched the primary instalment of aid.
The thought behind this staggered plan is to make sure that there isn’t any rush of beneficiaries who would possibly collect in a big quantity to take out cash as a result of monetary difficulties imposed by Covid-19 outbreak.
It is without doubt one of the a number of monetary measures taken by the federal government to assist the poor part of the society underneath the Pradhan Mantri Garib Kalyan package deal. A sum of Rs 500 per thirty days, for the subsequent three months, is being deposited into the accounts of girls Jan Dhan Yojana account holders.
The launch of the second instalment to the banks for May was introduced by way of a tweet by banking secretary Debasish Panda.
Panda urged people who the quantity is totally secure and folks ought to keep away from crowding at banks and observe the agenda for withdrawal.
There was a concern that within the absence of a staggered plan there could be rush and crowding at financial institution branches which might threaten the social distancing norms being practised to struggle the lethal virus.
The beneficiaries are inspired to make use of neighbourhood ATMs, financial institution Mitras for making money withdrawals as much as Rs 2,000 to keep away from any crowd on the branches. At current there are not any costs for withdrawing cash from any financial institution’s ATM.