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Pradhan Mantri Jan Dhan Yojana: From benefits to impact; all you need to know

Pradhan Mantri Jan Dhan Yojana: PMJDY: A small step towards opening bank accounts, a giant leap for India s financial landscape

The National Mission on Financial Inclusion, a.k.a. Pradhan Mantri Jan Dhan Yojana (PMJDY), was launched on this day in 2014. Over nine years, Jan Dhan accounts now number about 50 crore, with a deposit balance of over ₹2 lakh crore. More than 32 crore RuPay debit cards have been issued in these accounts, and 67% of the accounts have been opened in rural and semi-urban areas. Though there is no requirement of minimum balance under the scheme, the average balance per account has risen to ₹4,081.

jan dhan: Jan Dhan accounts cross 50 crore-mark in less than 9 years: Govt

jan dhan: Jan Dhan accounts cross 50 crore-mark in less than 9 years: Govt
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