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Jan Dhan funds rise to ₹2.73 lakh crore
Financial Express Kochi
|October 27, 2025
DEPOSITS IN NO-FRILLS Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts rose to Rs 2.73 lakh crore as of October 26, 2025, up from Rs 2.62 lakh crore on July 23. Latest data also showed the average balance per account also inched higher to Rs 4,820 from Rs 4,760 during the period.
The total number of PMJDY accounts climbed to 567.7 million from 559.8 million in July. Banks have issued 391.5 million RuPay debit cards to beneficiaries. Even though it was anticipated that the accounts were largely opened to get government benefits, the accounts have been a source of a large pool of low-cost funds for public sector banks.
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