Cabinet doubles Jan Dhan overdraft cap to â¹10,000
The government has doubled the overdraft cap from â¹5,000 to â¹10,000 under the Pradhan Mantri Jan Dhan Yojana. The scheme, which earlier aimed to provide a bank account to every Indian household, will now provide a bank account to every individual, Finance Minister Arun Jaitley said. The age limit for availing overdraft has been increased to 65 years.