The rumour that money will not be taken back from accounts if not withdrawn immediately is completely baseless, the Finance Ministry said

HOMELATESTTRENDINGMY READS
Women wait outside a bank to withdraw money from their Jan Dhan Yojana account during the nationwide lockdown to curb the spread of coronavirus, in Vijayawada (Photo: PTI)
Money transfered into 20.5 crore women Jan Dhan account safe, says FinMin
1 min read . 07:31 AM ISTPTI
The rumour that money will not be taken back from accounts if not withdrawn immediately is completely baseless, the Finance Ministry said
Topics
Finance Ministry Nirmala Sitharaman

Finance Minister Nirmala Sitharaman last month had announced that as many of 20.5 crore women Jan Dhan account holders will get ₹500 per month for next three months to run their households and deal with the hardships caused by the nation-wide lockdown. "We would like to assure that money deposited under the Jan Dhan accounts are safe. The account holder can withdraw the money from the bank branch or ATM at any time. Don't believe any rumour about the safety of the money," the Financial Services Secretary said in a late night tweet.
The rumour that money will not be taken back from accounts if not withdrawn immediately is completely baseless, the Finance Ministry said. Due to this rumour, some part of the country witnessed serpentine queue outside bank branches for withdrawal of the first installment under the relief package.