The Pradhan Mantri Jan Dhan Yojana (PMJDY) has emerged as a cornerstone of financial inclusion in India. As of April 2025, the scheme has achieved remarkable milestones that reflect its impact on the country's banking landscape.
As of April 2025, the total deposits under the PMJDY have surged to ₹2.63 lakh crore. This significant amount showcases the scheme's success in instilling trust among the people in formal banking systems.
Currently, there are approximately 552.8 million (55.28 crore) active Jan Dhan accounts. This impressive figure indicates the widespread adoption of the scheme across different demographics.
The average balance maintained in each Jan Dhan account has increased to ₹4,760. This rise reflects not only trust but also a growing trend of savings among account holders.
To facilitate transactions, around 379.8 million RuPay debit cards have been issued to PMJDY account holders. These cards have made banking services more accessible.
A significant number of Jan Dhan accounts are located in rural and semi-urban areas, with 368.1 million accounts registered there. In contrast, urban and metro areas account for 184.7 million accounts.
Women empowerment is a key objective of PMJDY, with 308 million female account holders benefiting from this initiative. This aspect is crucial for fostering financial independence among women.
Several features make PMJDY accounts appealing to beneficiaries:
The growth in Jan Dhan deposits signifies a broader acceptance of formal banking, especially in rural India. It also highlights the effectiveness of government initiatives like Direct Benefit Transfers (DBT), which have enhanced the delivery of various subsidies and services.
In terms of holding deposits:
The JAM Trinity (Jan Dhan-Aadhaar-Mobile) plays a crucial role in PMJDY by enabling targeted direct benefit transfers, thereby reducing leakages and speeding up service delivery.
By implementing DBT under PMJDY, the government has saved nearly ₹3.5 lakh crore between FY15 and FY23, showcasing the scheme's economic efficiency.
The management of PMJDY accounts is divided among various banking sectors:
As for RuPay cards issued by banking sectors:
Q1. What is the total amount of deposits under the Jan Dhan scheme as of April 2025?
Answer: As of April 2025, the total deposits under the Jan Dhan scheme have reached ₹2.63 lakh crore, reflecting its success in financial inclusion.
Q2. How many active PMJDY accounts are there currently?
Answer: Currently, there are approximately 552.8 million active PMJDY accounts, indicating widespread adoption across various demographics.
Q3. What features make PMJDY accounts attractive to beneficiaries?
Answer: Attractive features include an overdraft facility, free RuPay debit cards, accidental insurance cover, and no minimum balance requirement, fostering financial inclusion.
Q4. How many women hold accounts under PMJDY?
Answer: There are 308 million female account holders under the PMJDY, emphasizing the scheme's role in promoting women's financial independence.
Q5. What is the significance of the rise in Jan Dhan deposits?
Answer: The rise in deposits signifies growing trust in formal banking, effective government benefit delivery, and promotes savings among previously unbanked populations.
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