Govt transfered 2nd installment of Rs.500 into accounts of women beneficiaries under PMGKY

Women Jan Dhan bank account holders have gotten the second installment of Rs 500 in line with the announcement made by Finance Minister Nirmala Sitharaman in March.

Under the Pradhan Mantri Gareeb Kalyan Yojana, every women beneficiary has to be provided three installments of Rs.500 starting from April 2020.

The second installment has been released to a large number of banks which will now credit the amount into the accounts of the beneficiaries.

Around 20 crore women beneficiaries received the first installment for last month in its first week.

Government has announced a date plan for beneficiaries to visit the bank in order to dispense the money so that adequate precaution of social distancing can be ensured.