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AGGREGATE DEPOSITS IN JAN DHAN ACCOUNTS CROSSES RS 2 TRILLION

The Business Guardian

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August 02, 2023

The Pradhan Mantri Jan Dhan Yojana was launched in 2014 with the goal of offering universal banking services to all unbanked households

AGGREGATE DEPOSITS IN JAN DHAN ACCOUNTS CROSSES RS 2 TRILLION

Aggregate deposits in 49.49 crore Jan Dhan accounts have crossed Rs 2 lakh crore, Parliament was informed on Monday.

The Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched in August 2014 with the aim to provide universal banking services through opening of zero balance bank account for every unbanked household, based on the guiding principles of banking the unbanked, securing the unsecured and funding the unfunded.

As on 12 July, deposits in 49.49 crore Jan Dhan accounts stood at Rs 2,00,958 crore, Minister of State for Finance Bhagwat Karad said in a written reply in Lok Sabha.

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