Jan Dhan Yojana

India’s flagship financial inclusion initiative, the Pradhan Mantri Jan Dhan Yojana (PMJDY), has reached a remarkable milestone with 56.16 crore bank accounts opened and total deposits crossing Rs 2.68 lakh crore. Launched in 2014, the scheme has played a pivotal role in expanding access to banking services for previously unbanked populations, fostering digital adoption, and enabling direct benefit transfers. The growth in deposits highlights both increasing trust in the formal banking system and the scheme’s role in mobilizing household savings.

India’s flagship financial inclusion program, the Pradhan Mantri Jan Dhan Yojana (PMJDY), continues to reshape the country’s banking landscape by bringing millions of unbanked citizens into the formal financial system. With over 53 crore Jan Dhan accounts opened as of July 2025, the initiative has seen renewed policy focus aimed at deepening financial access, improving digital infrastructure, and encouraging usage beyond mere account ownership.