NEW DELHI : The State Bank of India (SBI) has decided to allow withdrawals from Jan Dhan accounts only in a staggered manner to prevent rush of account holders looking for cash during the difficult period of Covid-19 induced lockdown.
As part of Pradhan Mantri Garib Kalyan package, a sum of ₹500 per month, for the next three months, is being deposited into the accounts of women Jan Dhan Yojana account holders.
However, banks fear that this financial support could result in people rushing for withdrawals and crowding bank branches against the social distancing norms being practised to fight the deadly virus.
As per the staggered withdrawal plan prepared by the SBI, customers whose account numbers ends with 0 and 1 could withdraw money on