How Many Jan Dhan Accounts Have Been Opened with Huge Deposit Balances?
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Synopsis
With over 56.04 crore accounts and a deposit balance exceeding 2.63 lakh crore, the Pradhan Mantri Jan Dhan Yojana (PMJDY) has made remarkable strides. However, the focus is shifting towards ensuring these accounts are actively utilized. Discover the latest updates and initiatives aimed at enhancing financial inclusion.
Key Takeaways
- 56.04 crore accounts opened under PMJDY.
- Total deposit balance of Rs 2,62,858.50 crore.
- 4.82 crore accounts are zero-balance as of July 30.
- Government aims for active usage of accounts.
- Direct Benefit Transfers (DBTs) facilitated through these accounts.
New Delhi, Aug 19 (NationPress) A staggering 56.04 crore accounts have been established under the Pradhan Mantri Jan Dhan Yojana (PMJDY), accumulating a deposit balance of Rs 2,62,858.50 crore. As per the Minister of State for Finance, Pankaj Chaudhary, there are currently 4.82 crore zero-balance accounts as of July 30.
Since July 2, 2025, 0.27 crore new PMJDY accounts have been opened, according to the minister's update in Parliament.
The focus of the government extends beyond merely opening PMJDY accounts; it aims to ensure their active utilization. Priority areas include regular transaction activity, leveraging the overdraft facility, making deposits, and promoting digital engagement through RuPay cards.
PMJDY accounts facilitate Direct Benefit Transfers (DBTs) from various government schemes, and account holders enjoy access to credit options under numerous initiatives, such as Pradhan Mantri Mudra Yojana (PMMY), Stand Up India, and PM Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi).
Accountholders who meet eligibility criteria are encouraged to join social security schemes, including Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), and Atal Pension Yojana (APY).
As of July 30, 2025, a total of 7.24 crore and 17.58 crore account holders have enrolled in PMJJBY and PMSBY, respectively, thereby strengthening financial security and inclusion, Chaudhary stated.
Among the 56.04 crore accounts created under PMJDY, there are 13.05 crore that are currently inactive. This information is provided to the RBI by banks and is accessible under the Right to Information Act, 2005, the minister added.
According to guidelines from the Reserve Bank of India (RBI), a savings or current account is classified as inoperative if there are no transactions initiated by the customer for over two years. Banks are actively monitoring the percentage of operational accounts, and the government consistently oversees this progress.
Recently, a nationwide campaign at the Gram Panchayat level has been launched, emphasizing the reactivation of dormant PMJDY accounts as a significant focus area.
Point of View
The progress of the Pradhan Mantri Jan Dhan Yojana reflects a significant commitment towards financial inclusion. However, the challenge remains in ensuring that these accounts are not merely opened but actively utilized for the benefit of the citizens. Continuous monitoring and targeted campaigns can help reactivate dormant accounts and enhance financial literacy.
NationPress
05/10/2025
Frequently Asked Questions
What is the total number of Jan Dhan accounts?
As of now, there are approximately 56.04 crore accounts opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY).
How much total deposit balance is maintained in these accounts?
The total deposit balance in these accounts stands at Rs 2,62,858.50 crore.
What proportion of Jan Dhan accounts are zero-balance?
Out of the total accounts, approximately 4.82 crore are categorized as zero-balance accounts.
What initiatives support the usage of Jan Dhan accounts?
The government emphasizes regular transactions, overdraft facilities, and digital engagement through RuPay cards to enhance account utilization.
Are there any social security schemes linked with Jan Dhan accounts?
Yes, eligible account holders are encouraged to enroll in social security schemes such as PMJJBY, PMSBY, and APY.
