The Pradhan Mantri Jan Dhan Yojana (PMJDY), a national mission aimed at achieving comprehensive financial inclusion, recently marked 11 years of transformative impact in India’s financial landscape.
It was launched in August 2014, and the PMJDY has successfully redefined banking access for millions of underserved citizens, bringing over 56 crore accounts into the formal financial sector.
However, a critical regulatory requirement has now come due: All Jan Dhan account holders must complete the mandatory re-KYC (Know Your Customer) process by September 30th.
This deadline is particularly relevant for accounts opened between 2014 and 2015. The original KYC validity period is 10 years. Failure to comply within this strict timeframe risks the interruption of vital government benefits and essential banking services.
Understanding Re-KYC and the Compliance Mandate
The Re-KYC process, or Periodic Updation of Know Your Customer, is a straightforward but essential process required by banking regulations. Its primary purpose is to ensure that the personal and address details held by your bank remain current and accurate.
Here is what Re-KYC Requires:
The process necessitates updating key personal details with your bank, typically including
- your name,
- current address, and
- a recent photograph.
Completing re-KYC is crucial not only for staying compliant with RBI regulations but also for preventing financial fraud and ensuring the Jan Dhan account remains operative.
The Reserve Bank of India (RBI) initiated this drive to ensure the records of these accounts are fully updated. This was completed after a decade of operation.
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Deadline of PMJDY Re-KYC Updation 2025
The deadline for completing this mandatory update is firm, and it is scheduled for September 30th.
The Government and banking stakeholders are actively pushing a saturation campaign to bring financial services, including re-KYC, to the common person’s doorstep.
This effort, which commenced on July 1, 2025, is scheduled to culminate on September 30, 2025.
What happens if the Re-KYC Deadline
If a Jan Dhan account holder fails to complete the re-KYC process by the September 30th deadline, the account will be classified as inoperative.
The specific restrictions and risks associated with an inactive account are very significant, particularly for beneficiaries relying on direct support. This can be as follows:
| Consequence | Impact on Account Holder |
| Account Restriction | The account will become inoperative, and services will remain restricted until KYC is updated.
However, the accounts will not be permanently closed. |
| Banking Access Blocked | No deposits or withdrawals will be permitted. |
| Loss of Subsidies & DBT | Government subsidies and Direct Benefit Transfers (DBTs) will be blocked. These accounts are major channels for DBT delivery. |
| Risk of Fraud | Updated KYC helps prevent fraud and maintain compliance with RBI regulations. |
The inability to receive DBTs is a major concern, as the PMJDY structure, powered by the Jan-Dhan-Aadhaar-Mobile (JAM) trinity, is a cornerstone for efficient and transparent delivery of welfare schemes.
For example, during the financial year 2024-25, approximately ₹6.9 lakh crore was credited to bank accounts under various DBT schemes. Ensuring your account is active is crucial to maintaining access to this vital support.
Also Read: KYC Full Form
Complete Your Re-KYC Through These Simple Methods
To make the process convenient, banks across India, including major institutions like State Bank of India (SBI) and Punjab National Bank (PNB), are actively facilitating the re-KYC drive.
Here are methods you can follow:
1. Utilise Special Camps (Recommended for Rural Areas)
Banks are conducting special re-KYC camps at the panchayat level from July 1 to September 30, 2025.
These camps are held at the customer’s doorstep to facilitate KYC verification, open new accounts, and promote essential micro-insurance and pension schemes (like PMJJBY, PMSBY, and APY).
2. Visit Your Bank Branch
You can complete the process by visiting your nearest bank branch with valid documents. If there is any change in your address or previously submitted documents, you may need to fill out the Annexure C-Self Declaration form.
Documents required generally include:
- Aadhaar card
- Voter ID
- Passport
- PAN card
- Driving Licence
Digital and Remote Options
Many banks offer digital solutions to streamline the update. These can be:
- Online KYC Updates: Check if your specific bank offers the facility to update KYC through their official website or internet banking services.
In the case of SBI, customers can update KYC through SBI’s net banking by logging in, selecting ‘My Accounts & Profile,’ choosing ‘Update KYC,’ and submitting the required information and OTP.
Punjab National Bank offers digital channels like mobile banking, internet banking, OTP-based eKYC, and an instant video KYC option.
- Doorstep Service: Some banks also provide doorstep KYC services.
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Maintaining the Benefits of PMJDY
Completing your re-KYC ensures that you will have continued and full access to the comprehensive benefits of your PMJDY account.
PMJDY accounts are Basic Savings Bank Deposit (BSBD) accounts that offer several crucial advantages:
- Zero Minimum Balance: There is no requirement to maintain any minimum balance.
- RuPay Debit Card: A free RuPay debit card is provided, which includes an accident insurance cover of ₹2 lakh (for accounts opened after August 28, 2018).
- Overdraft Facility: Eligible account holders can access an overdraft (OD) facility up to ₹10,000.
- Scheme Eligibility: PMJDY accounts are eligible for Direct Benefit Transfers (DBT) under major social security schemes, including PMJJBY, PMSBY, APY, and the MUDRA scheme.
The PMJDY scheme is often lauded as one of the world’s most successful financial inclusion initiatives. It mainly focused on dignity, empowerment, and improvement of opportunities for the marginalised.
The Final Chance for Action
The timeline is non-negotiable: Jan Dhan account holders must act now.
To avoid service restrictions and the blocking of vital government subsidies, it is highly recommended that you complete your re-KYC process as early as possible before the September 30th deadline.
Visit your bank branch, utilise the ongoing local camps, or check your bank’s digital channels immediately to secure your financial future. This will also help you maintain uninterrupted access to the transformative benefits of the Pradhan Mantri Jan Dhan Yojana.
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