Account balance – Medielys http://www.medielys.com/ Wed, 22 Sep 2021 18:30:32 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 http://www.medielys.com/wp-content/uploads/2021/08/favicon-2-150x150.png Account balance – Medielys http://www.medielys.com/ 32 32 KSE-100 drops 284 points as current account balance disappoints – Markets http://www.medielys.com/2021/09/17/kse-100-drops-284-points-as-current-account-balance-disappoints-markets/ Fri, 17 Sep 2021 13:31:47 +0000 http://www.medielys.com/2021/09/17/kse-100-drops-284-points-as-current-account-balance-disappoints-markets/ The KSE-100 reacted strongly to the current account deficit which reached nearly $ 1.5 billion in August 2021, ending the week down 284 points after a second withdrawal session on the Pakistan Stock Exchange (PSX) on Friday . After a positive open and easily breaking above 47,000, the KSE-100 fell sharply in the second session, […]]]>

The KSE-100 reacted strongly to the current account deficit which reached nearly $ 1.5 billion in August 2021, ending the week down 284 points after a second withdrawal session on the Pakistan Stock Exchange (PSX) on Friday .

After a positive open and easily breaking above 47,000, the KSE-100 fell sharply in the second session, erasing all gains to hit the 46,500 level. The index hit an intra-day high of 47,183, 08 during the first session.

However, at the close the KSE-100 finished with a loss of 284.38 points or 0.61% to settle at 46,636.08. The benchmark index lost 1.19% on a weekly basis.

Pakistan’s current account deficit hits $ 1.48 billion in August

Market participants have been disappointed by the current account deficit figures which have also put pressure on the rupee in recent months. With the State Bank of Pakistan due to announce monetary policy on Monday, investors have chosen to account for their profits.

“The KSE-100 has remained volatile lately due to the uncertainty surrounding the outlook for interest rates. However, we believe the market has already factored in an interest rate hike of around 25bp as indicated by KIBOR 3M which has risen 14bp over the past 10 days and further consolidation on the stock market, as such, a rise is unlikely to have negative connotations in the short term, ”AKD Securities said in its latest report.

“In addition, the rise in interest rates is unlikely to have material implications for profitability on the stock market where most companies have already secured funding under subsidized agreements. Therefore, the direction of the market in the short term is likely to be influenced by the IMF review due to start at the end of September and the FATF meeting in October, ”AKD Securities added.

On the earnings front, Pakistan Petroleum Ltd (PPL) posted profit after tax (PAT) of Rs 14.3 billion with EPS of Rs 5.26 in 4QFY21. Along with the result, the company announced a final cash dividend of Rs 2.00 / share.

Tech sector leads the way as KSE-100 gains 204 points

Sectors lowering the KSE-100 benchmark on Friday included cement (73.45 points), banking (58.49 points) and technology and communications (57.02 points).

The volume of the all-stock index fell from 405.18 million on Thursday to 387.29 million on Friday. The value of traded shares also declined slightly during the session, amounting to Rs16.24 billion against Rs16.51 billion.

WorldCall Telecom was the leader by volume with 42.41 million shares, followed by TRG Pakistan Limited with 25.23 million shares and Byco Petroleum with 20.91 million shares.

Shares of 525 companies were traded on Friday, of which 173 registered an increase, 327 registered a decline, while 25 remained unchanged.


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KSE-100 drops 284 points as current account balance disappoints – Markets http://www.medielys.com/2021/09/17/kse-100-drops-284-points-as-current-account-balance-disappoints-markets-2/ Fri, 17 Sep 2021 13:31:47 +0000 http://www.medielys.com/2021/09/17/kse-100-drops-284-points-as-current-account-balance-disappoints-markets-2/ The KSE-100 reacted strongly to the current account deficit which reached nearly $ 1.5 billion in August 2021, ending the week down 284 points after a second withdrawal session on the Pakistan Stock Exchange (PSX) on Friday . After a positive open and easily breaking above 47,000, the KSE-100 fell sharply in the second session, […]]]>

The KSE-100 reacted strongly to the current account deficit which reached nearly $ 1.5 billion in August 2021, ending the week down 284 points after a second withdrawal session on the Pakistan Stock Exchange (PSX) on Friday .

After a positive open and easily breaking above 47,000, the KSE-100 fell sharply in the second session, erasing all gains to hit the 46,500 level. The index hit an intra-day high of 47,183, 08 during the first session.

However, at the close, the KSE-100 finished with a loss of 284.38 points or 0.61% to settle at 46,636.08. The benchmark index lost 1.19% on a weekly basis.

Pakistan’s current account deficit hits $ 1.48 billion in August

Market participants have been disappointed by the current account deficit figures which have also put pressure on the rupee in recent months. With the State Bank of Pakistan due to announce monetary policy on Monday, investors have chosen to account for their profits.

“The KSE-100 has remained volatile lately due to the uncertainty surrounding the outlook for interest rates. However, we believe the market has already factored in an interest rate hike of around 25bp as indicated by KIBOR 3M which has risen 14bp over the past 10 days and further consolidation on the stock market, as such, a rise is unlikely to have negative connotations in the short term, ”AKD Securities said in its latest report.

“In addition, the rise in interest rates is unlikely to have material implications for profitability on the stock market where most companies have already secured funding under subsidized agreements. Therefore, the short-term market direction is likely to be influenced by the IMF review which is due to start at the end of September and the FATF meeting in October, ”AKD Securities added.

On the earnings front, Pakistan Petroleum Ltd (PPL) posted profit after tax (PAT) of Rs 14.3 billion with EPS of Rs 5.26 in 4QFY21. Along with the result, the company announced a final cash dividend of Rs 2.00 / share.

Tech sector leads the way as KSE-100 gains 204 points

Sectors driving the KSE-100 benchmark lower on Friday included cement (73.45 points), banking (58.49 points) and technology and communications (57.02 points).

The volume of the all-stock index fell from 405.18 million on Thursday to 387.29 million on Friday. The value of shares traded also declined slightly during the session, amounting to Rs16.24 billion against Rs16.51 billion.

WorldCall Telecom was the leader by volume with 42.41 million shares, followed by TRG Pakistan Limited with 25.23 million shares and Byco Petroleum with 20.91 million shares.

Shares of 525 companies were traded on Friday, of which 173 registered an increase, 327 registered a decline, while 25 remained unchanged.


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Why is my Binance wallet empty? Wallet, wrong account balance http://www.medielys.com/2021/09/17/why-is-my-binance-wallet-empty-wallet-wrong-account-balance/ Fri, 17 Sep 2021 11:32:49 +0000 http://www.medielys.com/2021/09/17/why-is-my-binance-wallet-empty-wallet-wrong-account-balance/ Empty Binance Wallets, Empty Binance Account Balance – Many Binance users today are reporting weird issues when placing transactions and checking your balance. In some cases, all the money in the accounts is gone. Binance Wallet Empty Many traders are now concerned after more and more users report problems with Binance. Some users report that […]]]>

Empty Binance Wallets, Empty Binance Account Balance – Many Binance users today are reporting weird issues when placing transactions and checking your balance. In some cases, all the money in the accounts is gone.

Binance Wallet Empty

Many traders are now concerned after more and more users report problems with Binance. Some users report that their account Balance and controls were completely wrong. Others say the transactions are done, but there is no update of the account balance. Some users are also reporting cross-site errors.

A Tweet from Crypto Krillin (@LSDinmycoffee) initially alerted crypto-Twitter to the problem. Many other users have meanwhile replied to Hoffmann that there are also problems with Binance.

By uploading Tweets, you agree to Twitter’s privacy policy.
More content, download Twitter Tweets to learn more and unlock

Binance Account Balance Empty

Some write that their accounts suddenly contained nothing. Your entire inventory was actually gone due to a bug.

This appears to be a site-wide issue for Binance, it affects many users. So far, the exchange has not commented on the reported issues.

If the situation is not resolved, it could seriously damage Binance’s reputation, as the stock market has always advertised with its own security measures. If the stock market is unable to take positions into account, however, this could be a serious problem. Hopefully we can expect a comment from Binance soon.

Binance Wallet Review

Binance has been criticized lately for its functionality. A few days ago, a trader would also have had difficulty placing BTC / USDT long positions on Binance.

Some large traders have received error messages when trying to obtain USDT credit for incorporating margin trading. Binance CEO Changpeng Zhao (CZ) acknowledged the “slight delay in posting the order book for some trading pairs” and said the team is actively working on it.

The equilibrium error in Binance is, the very day that the entire cryptocurrency market and Bitcoin on a broad front lose. Although Bitcoin only fell -1.31%, there are many other double-digit losses for cryptocurrencies.
It is currently unclear whether the platform malfunction has exacerbated the market, routinely or not. At the time of writing this article, the trading volume on Binance is still around $ 2.7 billion.


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PF balance: How to check your EPF account balance online, by SMS, missed call, Umang app and EPFO ​​portal http://www.medielys.com/2021/07/02/pf-balance-how-to-check-your-epf-account-balance-online-by-sms-missed-call-umang-app-and-epfo-%e2%80%8b%e2%80%8bportal/ Fri, 02 Jul 2021 07:00:00 +0000 http://www.medielys.com/2021/07/02/pf-balance-how-to-check-your-epf-account-balance-online-by-sms-missed-call-umang-app-and-epfo-%e2%80%8b%e2%80%8bportal/ Gone are the days when you had to go to the Employee Provident Fund Organization (EPFO) office to check your PF balance or wait for the employer to share the EPF statement at the end of the year. Technology has made the process easier. Now you can check your EPF balance from the comfort of […]]]>

Gone are the days when you had to go to the Employee Provident Fund Organization (EPFO) office to check your PF balance or wait for the employer to share the EPF statement at the end of the year. Technology has made the process easier. Now you can check your EPF balance from the comfort of your home in just two minutes. You just need a phone or a laptop. EPFO Money Withdrawal: How to Withdraw EPF’s Second COVID-19 Advance Online via epfindia.gov.in.

You can check your contingency fund balance through one of these facilities – SMS, EPFO ​​members e-Sewa portal, Umang app or a missed call. Update of the exit date from EPFO: how to mark the date of departure from employment on the EPF portal online via epfindia.gov.in, know the steps.

SMS:

To check your PF balance, you must send an SMS “EPFOHO UAN LAN” to 7738299899 from your registered cell phone number. The last three digits determine the preferred language. For example, for Hindi, you must send “EPFOHO UAN HIN”.

Missed call:

From your registered mobile number, make a missed call to 011-22901406. Soon you will receive an SMS containing the details of the EPF account as well as the PF balance.

Umang application:

Open the Umang app on your phone and click EPFO. Click on “employee-centric services”. Then click on “show passbook, enter the universal account number (UAN) and OTP that you will receive on your registered mobile number.

EPFO members e-Sewa portal:

Visit the official website of EPFO-epfindia.gov.in and click on the e-passbook link. You will be redirected to a new page-passbook.epfindia.gov.in. log in using your UAN and password.

Then click on “Download / View Passbook”. Your PF balance will be displayed on the screen.

(The above story first appeared on LatestLY on July 02, 2021 at 9:33 p.m. IST. For more information and updates on Politics, World, Sports, Entertainment, and Lifestyle , connect to our website Latestly.com).


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India’s current account posts deficit of $ 8.1 billion for the March quarter http://www.medielys.com/2021/06/30/indias-current-account-posts-deficit-of-8-1-billion-for-the-march-quarter/ Wed, 30 Jun 2021 07:00:00 +0000 http://www.medielys.com/2021/06/30/indias-current-account-posts-deficit-of-8-1-billion-for-the-march-quarter/ ANI | Updated: June 30, 2021 10:52 PM STI New Delhi [India], June 30 (ANI): India’s current account (CAB) recorded a deficit of USD 8.1 billion for the fourth quarter of fiscal year 2020-21, or 1% of gross domestic product (GDP), according to data released Wednesday by the Reserve Bank of India.In addition, the country’s […]]]>



ANI |
Updated:
June 30, 2021 10:52 PM STI

New Delhi [India], June 30 (ANI): India’s current account (CAB) recorded a deficit of USD 8.1 billion for the fourth quarter of fiscal year 2020-21, or 1% of gross domestic product (GDP), according to data released Wednesday by the Reserve Bank of India.
In addition, the country’s current account (CAB) recorded a surplus of 0.6 billion USD for the fourth quarter of fiscal year 2019-20.
The RBI also said that the previous quarter (third quarter) of fiscal year 2020-21 also reported a deficit of $ 2.2 billion.

According to a statement issued by the RBI, net claims of non-residents in India increased by $ 11.2 billion in the fourth quarter of fiscal year 2020-21 to reach $ 352.7 billion in March 2021.
“In 2020-2021, the net claims of non-residents on India decreased by USD 22.7 billion: the increase in foreign assets of Indian residents (USD 141.2 billion) exceeded the increase in assets held by foreigners in India (118.5 billion USD) ”says the RBI.
Meanwhile, India’s net international investment position to GDP ratio also improved to (-) 13.1% in March 2021, from (-) 13.9% a year ago.
“Private transfer receipts, mainly representing remittances from Indians employed abroad, rose to $ 20.9 billion, up 1.7% from year-ago level “said the RBI. (ANI)


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Woman checks her account balance and finds herself richer by a billion dollars http://www.medielys.com/2021/06/29/woman-checks-her-account-balance-and-finds-herself-richer-by-a-billion-dollars/ Tue, 29 Jun 2021 07:00:00 +0000 http://www.medielys.com/2021/06/29/woman-checks-her-account-balance-and-finds-herself-richer-by-a-billion-dollars/ A routine trip to collect $ 20 from an ATM left a local Florida woman in horror. His bank balance was close to $ 1 billion. She couldn’t believe her eyes and decided to call her bank immediately. Julia Yonkowski’s attempts to withdraw money from her account left her in utter disbelief. The bank informed […]]]>

A routine trip to collect $ 20 from an ATM left a local Florida woman in horror. His bank balance was close to $ 1 billion. She couldn’t believe her eyes and decided to call her bank immediately.

Julia Yonkowski’s attempts to withdraw money from her account left her in utter disbelief. The bank informed Yonkowski that her account would be overdrawn if she withdrew the $ 20. It didn’t match, so she decided to take a look at her available balance.

“I was horrified” were the first words from her mouth when she saw the bank balance. Yonkowski saw a shocking total of $ 999,985,855.94! While anyone else could have assumed they had just been lucky, Yonkowski knew something was wrong.

$ 1 billion check | Photo: Youtube / 11Alive

NOT HIS MONEY

Yonkowski immediately contacted Chase Bank in Largo, Florida to resolve the issue. She knew it wasn’t her money and declared:

“I know I read stories about people who took money or took money out and then they had to pay it back and I wouldn’t do it anyway because it’s not my money.”

MAKE SENSE OF MONEY

Fortunately, a representative of the bank understood the waste of money. They explained that the figure was actually negative – this is how the bank prevented fraud and assessed whether there was any questionable activity on the account.

Yonkowski’s husband was deceased and the bank needed certain documents to clarify their joint account. However, everything was perfect and there was no need to panic after all.

Chase Bank |  Photo: Youtube / 11Alive

Chase Bank | Photo: Youtube / 11Alive

CYBERMENACES

Yonkowski is well aware of the various cyber threats circulating in the world today. She hopes her story will tell others about the high levels of fraud and suspicious activity on the accounts. This experience left her very scared, and she share:

“It scares me a little because you know, with cyber threats. You know, I don’t know what to think.”

Julia Yonkowski |  Photo: Youtube / WFLA News Channel 8

Julia Yonkowski | Photo: Youtube / WFLA News Channel 8

NOT THE FIRST TIME

A similar experience happened to 21-year-old Kieran McKeefery. The first thoughts that came to his mind were very different from Yonkowski’s! He was stunned when his online banking balance reflected a £ 1.25 million!

McKeefery instantly imagined what he could buy with his newfound wealth. Fortunately, his common senses quickly fell into place. He decided to call his bank so they could investigate the problem.

ATM |  Photo: Pexels / @ AlexandrosChatzidimos

ATM | Photo: Pexels / @ AlexandrosChatzidimos

BONUS INTEREST

The bank was not very helpful. They explained that a massive investment company was responsible, and it was up to them to withdraw the money. So finally, 10 days later, his balance returned to normal. The silver lining was a small bonus of £ 210 of interest left in McKeefery’s account.

It share:

“I was like, ‘Oh my God, what happened’ – I was a little shocked more than anything. So I called the bank, and they said they were going to inquire. “

Man at ATM |  Photo: Pexels / @ SafaBakırcı

Man at ATM | Photo: Pexels / @ SafaBakırcı

Tempted to spend

With all the money comfortably settled in your bank account, it can be very tempting to spend … especially because the mistake was not on your end! Members of the public said they might have used the money differently than Yonkowski and McKeefery …

A Youtube user Express, “I’m not calling ANYBODY. I’m spending $ 2 million on Bitcoin and withdrawing as much money as I can before they make up their minds. Then use that money to get the best lawyer in Georgia.”

Many people are unaware of the consequences that can arise when you spend money that is not yours. These individuals did well to contact the bank before doing something they would regret later!


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How to check EPF account balance online, by SMS and missed call http://www.medielys.com/2021/06/22/how-to-check-epf-account-balance-online-by-sms-and-missed-call/ Tue, 22 Jun 2021 07:00:00 +0000 http://www.medielys.com/2021/06/22/how-to-check-epf-account-balance-online-by-sms-and-missed-call/ There are several ways to check the PF account balance. Either you send a message to the telephone number concerned, you go to the EPFO ​​website or simply by a missed call. Checking your PF account balance is that easy, but not everyone knows how to check their EPF account balance. For those people, we […]]]>

There are several ways to check the PF account balance. Either you send a message to the telephone number concerned, you go to the EPFO ​​website or simply by a missed call. Checking your PF account balance is that easy, but not everyone knows how to check their EPF account balance. For those people, we have listed the steps to quickly check your PF account balance. Check it all out here. Read also – How to link Aadhaar to EPF account online and save PF contribution: step by step process

How to Check PF Account Balance Via Online

-To check your account balance, go to the EPFO ​​Member Passbook Portal at https://passbook.epfindia.gov.in/MemberPassBook/Login and sign in with your registration number. universal account (UAN) and your password. Also Read – Contingency Fund: How to Check EPF Balance Online Via Portal, Umang App, SMS or Missed Call

-Once you are successfully logged in, click on the Download / View Passbook option. You will then be redirected to your passbook. The website also allows you to make a printout of your booklet. Read also – How to check your EPF balance online, consult the statement and download the booklet

How to know you UAN

Well if you know your UAN number and if not, simply go to the e-Sewa member portal and click on the Know your UAN option. To activate your UAN account, click on the “Activate UAN” link under the “Know your UAN” link on the e-Sewa Member Portal.

How to check PF account balance by SMS

-To check your EPF account balance by SMS, just send EPFOHO UAN LAN to 7738299899 to your registered cell phone number.

-Once the SMS has been sent from your registered mobile number, you will instantly receive the balance of your PF account.

How to Check PF Account Balance Via Missed Call

-To check the PF account balance via missed call, you can simply give a missed call to 011-22901406 from your registered mobile number.

-The call is disconnected shortly after ringing and you will receive an SMS with EPF account details including PF balance.






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Qatar’s current account balance set to rebound to 7.1% this year, 7.9% in 2022: Lloyds Bank http://www.medielys.com/2021/05/19/qatars-current-account-balance-set-to-rebound-to-7-1-this-year-7-9-in-2022-lloyds-bank/ Wed, 19 May 2021 07:00:00 +0000 http://www.medielys.com/2021/05/19/qatars-current-account-balance-set-to-rebound-to-7-1-this-year-7-9-in-2022-lloyds-bank/ Qatar’s current account balance is expected to rebound to 7.1% this year and 7.9% in 2022 from -3.4% of GDP in 2020, an update from Lloyds Bank showed.General government debt increased from 62.3% of GDP in 2019 to 71.8% in 2020, as the country continues to borrow on international markets. The International Monetary Fund anticipates […]]]>

Qatar’s current account balance is expected to rebound to 7.1% this year and 7.9% in 2022 from -3.4% of GDP in 2020, an update from Lloyds Bank showed.
General government debt increased from 62.3% of GDP in 2019 to 71.8% in 2020, as the country continues to borrow on international markets. The International Monetary Fund anticipates debt reduction this year and next, with levels at 59.8% of GDP in 2021 and 53.9% in 2022.
The current account surplus narrowed to 2.4% of GDP in 2019, from 9.1% a year earlier, due to falling global energy prices, according to the update.
However, the IMF expects this trend to be reinforced by the negative economic impact of the Covid-19 pandemic and falling oil prices.
In the medium term, the expansion of the North Field gas projects is expected to be completed by 2024, further increasing gas production, Lloyds Bank said.
In February, Qatar Petroleum made the final investment decision for the development of the NFE project, the world’s largest LNG project, which will increase Qatar’s production capacity from 77 million tonnes per year (mtpa) to 110 mtpa by 2025.
The project will also produce condensate, LPG, ethane, sulfur and helium.
It is expected to start production in the fourth quarter of 2025 and total production will reach around 1.4 million barrels of oil equivalent per day.
The NFE project will be one of the energy industry’s largest investments in recent years, in addition to being the largest LNG capacity addition ever, and the most competitive LNG project in the world.
New projects are planned in infrastructure and telecommunications, and various construction projects are underway ahead of the World Cup in 2022, Lloyds Bank said.
Inflation is estimated to have fallen to -0.7% in 2019 and -2.7% in 2020. The IMF estimates that inflation will increase to 2.4% in 2021 and 2.9% in 2022 in its latest. World Economic Outlook.


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Fino Payments Bank announced the increase of its end-of-day account balance limit to Rs 2 lakh http://www.medielys.com/2021/05/06/fino-payments-bank-announced-the-increase-of-its-end-of-day-account-balance-limit-to-rs-2-lakh/ Thu, 06 May 2021 07:00:00 +0000 http://www.medielys.com/2021/05/06/fino-payments-bank-announced-the-increase-of-its-end-of-day-account-balance-limit-to-rs-2-lakh/ Company oi-Vipul Das | Updated: Thursday May 6, 2021, 1:33 PM [IST] Fino Payments Bank has raised the end-of-day account balance limit for its customers, including MSMEs, small traders and retail customers. at Rs 2 lakh, in accordance with updated RBI guidelines. The bank, which made a profit in the fourth quarter of fiscal 2020, […]]]>

Company

oi-Vipul Das

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Fino Payments Bank has raised the end-of-day account balance limit for its customers, including MSMEs, small traders and retail customers. at Rs 2 lakh, in accordance with updated RBI guidelines. The bank, which made a profit in the fourth quarter of fiscal 2020, implemented the increased cap on May 1, 2021. Ashish Ahuja, COO of Fino Payments Bank, said in a statement announcing the new deposit limit, “Following the RBI directive, we updated our processes and systems and went online on May 1. The increased deposit limit allows our clients to save more money on their account. In addition, our mechanism Existing sweep account continues with our partner bank where customers can save funds exceeding Rs 2 lakh. “

He also added that “The increased deposit limit allows our clients to save more money on their account. In addition, our existing sweep account mechanism continues with our partner bank where clients can save funds exceeding Rs 2 lakh. ” On Fino deposits up to Rs 2 lakh, the existing savings interest rate will apply. Suryoday Small Finance Bank, the affiliated bank, will set the interest rates for deposits to the sweep account. Bank deposits are covered by the Deposit Insurance and Credit Guarantee Corporation (DICGC), which is a wholly-owned subsidiary of the Reserve Bank of India (RBI).

Ashish Ahuja, COO, Fino Payments Bank added that “The increase in the limit also strengthens the cause of financial inclusion as more and more people will join the banking fold. MSMEs, small traders and traders should use this offer to save time and better financial planning.


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How to check the balance of PM Jan Dhan account? http://www.medielys.com/2021/04/24/how-to-check-the-balance-of-pm-jan-dhan-account/ Sat, 24 Apr 2021 07:00:00 +0000 http://www.medielys.com/2021/04/24/how-to-check-the-balance-of-pm-jan-dhan-account/ Classroom oi-Vipul Das | Posted: Saturday April 24, 2021 01:45 PM [IST] Pradhan Mantri Jan-Dhan Yojana (PMJDY) is a national mission for financial inclusion that aims to provide inexpensive access to financial resources such as basic savings and deposit accounts, remittances, credit, insurance and retirement. People who do not have another account can open a […]]]>

Classroom

oi-Vipul Das

|

Pradhan Mantri Jan-Dhan Yojana (PMJDY) is a national mission for financial inclusion that aims to provide inexpensive access to financial resources such as basic savings and deposit accounts, remittances, credit, insurance and retirement. People who do not have another account can open a basic savings bank (BSBD) deposit account at any bank branch or commercial correspondent’s point of sale (Mitra bank) as part of the scheme. . With the RuPay card provided to PMJDY account holders, an accident insurance benefit of Rs.1 lakh (limited to Rs.2 lakh for new PMJDY accounts opened after 28.8.2018) is also available. Direct Benefit Transfer (DBT), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), Atal Pension Yojana (APY) and Micro Units Development & Refinance Agency Bank (MUDRA) programs are available for PMJDY accounts.

Minors over ten years old can also open a bank account under this system. Only one account per family, preferably the cleaning lady, has access to an overdraft facility of up to Rs. 10,000 / -. You must maintain a minimum balance limit in your account in order to benefit from the checkbook feature. Customers who wish to use in-country banking services should dial * 99 #, a phone number configured by the National Payments Corporation of India. To check the Jan Dhan Yojana account balance, one must have their mobile number linked to their account and he or she must be an active mobile banking user. It should be remembered that CDMA handsets cannot be used to access the installation and that mobile phones must be activated with GSM. You must compose * 99 # from your mobile phone on which you will receive a welcome message which will ask you to enter certain information such as the first 3 letters of your bank’s name or the first four letters of your bank’s IFSC code. Once you have entered all the required details press “ok” and you will get a range of services. Therefore, in order to check your account balance, you need to press “1”, after which your account balance will be displayed on your device screen upon successful authentication of your entered information. By composing 1800 425 3800 or 1800 112 211 SBI customers can also view their Jan Dhan account balance from their registered mobile number. Following this, SBI clients will get the details of the last 5 transactions. They can also compose 9223 766 666 from their cell phone number registered for the same.

According to the Ministry of Finance, nearly 55% of the total account holders under the Pradhan Mantri Jan Dhan Yojana (PMJDY) program were women as of March 2021. Women account holders accounted for 23.21 crore out of the 41, 93 crores of accounts opened under the PMJDY program. of February 24, 2021, according to the ministry in a press release. Regarding the Pradhan Mantri MUDRA Yojana (PMMY), he mentioned that since its inception, around 68% or 19.04 crore accounts worth Rs 6.36 lakh crore (as of February 26, 2021) have been approved for women entrepreneurs.

Article first published: Saturday, April 24, 2021, 1:45 p.m. [IST]


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