International Journal of Contemporary Research in Multidisciplinary

IJCRM Journal Metrics
No. of Volumes	4
No. of Issues	170
No. of Submissions	503
No. of Published Papers	644
Acceptance	31-40 Days
Review Papers	293
Research Papers	327
No. of Editor-in-Chief	0
No. of Editors/Reviewers	46
No. of Paper Downloads	142768
No. of Paper Views	935740

IJCRM Journal Metrics

Journal Established Year

Nov. 2022

No. of Volumes

No. of Issues

170

No. of Submissions

503

No. of Published Papers

644

Acceptance

31-40 Days

Review Papers

293

Research Papers

327

No. of Editor-in-Chief

No. of Editors/Reviewers

No. of Paper Downloads

142768

No. of Paper Views

935740

International Journal of Contemporary Research In Multidisciplinary, 2025;4(4):400-405

A Critical Assessment of Awareness and Utilization of PMJDY Benefits in Vaishali’s Low-Income Households

Author Name: Rishikant Raj; Dr. Nandini Narayan;

1. Research Scholar, Department of Commerce and Management, B.D. College, Patliputra University, Patna, Bihar, India

2. Department of Commerce and Management, B.D. College, Patliputra University, Patna, Bihar, India

Paper Type: research paper

Article Information

Paper Received on: 2025-06-18

Paper Accepted on: 2025-07-26

Paper Published on: 2025-08-04

Abstract:

The Pradhan Mantri Jan Dhan Yojana (PMJDY), launched in 2014, stands as India’s most ambitious financial inclusion initiative. This study critically examines the awareness and utilization of PMJDY benefits among low-income households in Vaishali district, Bihar. Using a structured questionnaire and primary field data, it evaluates how effectively the scheme has integrated marginalized populations into the formal financial system. The research reveals a mixed outcome—while basic awareness of PMJDY exists widely, the utilization of its core benefits, such as overdraft, insurance, and pension, remains suboptimal due to low financial literacy and systemic gaps.

Keywords:

PMJDY, financial sector, RuPay debit cards, Zero-balance savings accounts

How to Cite this Article:

Rishikant Raj,Dr. Nandini Narayan. A Critical Assessment of Awareness and Utilization of PMJDY Benefits in Vaishali’s Low-Income Households. International Journal of Contemporary Research in Multidisciplinary. 2025: 4(4):400-405

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