From Monday(04/05/2020), Women Jan Dhan bank account holders will start getting the second installment of Rs 500 in line with the announcement made by the Narendra Modi government in March. Finance Minister Nirmala Sitharaman had on March 26 said ex-gratia payment of ₹500 would be credited to Women Jan Dhan account holders for the next three months, starting from April.

The transfer has been staggered over five days to avoid a rush at the bank branches to help in ensuring social distancing and avoid overcrowding in banks.

“The 2nd installment of ex-gratia announced for women Jan Dhan Yojana account holders under the PMGKY package will be disbursed as per the following schedule. Beneficiaries can withdraw the amount from branches, ATMs or CSPs,” the State Bank of India (SBI) had tweeted earlier.

The bank further said that the beneficiaries need not rush for withdrawal, the money is safe and can be withdrawn as per their convenience. However, those who want to withdraw the money urgently over the next few days can do so as per the dates given in the following schedule, which is based on the last digit of the bank account number.

Women account holders under the Pradhan Mantri Jan Dhan Yojana (PMJDY) with account numbers ending with 0 and 1 will get the money in their account on May 4, and those whose accounts end with 2 or 3 can go to the bank on May 5. Beneficiaries with account numbers ending with 4 or 5 can collect their money on May 6 and those whose accounts end with 6 or 7 may withdraw on May 8. The last tranche would be remitted on May 11 for account numbers ending with 8 or 9, the tweet said.

“Please note that there will be no charges for withdrawing money from other bank ATMs, at present, as per the government directives,” it said.

Beneficiaries have been asked to use neighborhood ATMs with RuPay cards, Bank Mitras and customer service points (CSPs) as much as possible to avoid crowding at the branches.

In April, as many as 20.05 crore women Jan Dhan account holders received Rs 500 each in their accounts as the first installment. The total disbursement under the head was Rs 10,025 crore as on April 22.