Deposits in Jan Dhan accounts cross Rs.1-trillion mark

-PTI

* The scheme was launched on 28 August, 2014, with an aim to provide universal access to banking facilities to people in the country

* The total balance in over 36.06 crore PMJDY accounts was at Rs.1,00,495.94 crore as on 3 July

New Delhi:
Deposits in bank accounts opened under Jan Dhan scheme, launched about five years ago by the Modi-government, have crossed the Rs.1 lakh crore mark.

As per the latest finance ministry data, the total balance in over 36.06 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts was at Rs.1,00,495.94 crore as on 3 July.

The deposits in the account of the beneficiaries, which has been steadily rising, was Rs.99,649.84 crore on 6 June and Rs.99,232.71 crore in the week before.

The PMJDY was launched on 28 August, 2014, with an aim to provide universal access to banking facilities to the people in the country.

Accounts opened under PMJDY are Basic Savings Bank Deposit (BSBD) accounts with additional feature of RuPay debit card and overdraft.

The finance ministry had recently said in the Rajya Sabha that the number of zero balance accounts under PMJDY declined from 5.10 crore (16.22 per cent of the total accounts) in March 2018 to 5.07 crore (14.37 per cent of the total accounts) in March 2019.

Please click here to read more.

Livemint.com, 10 July, 2019, https://www.livemint.com/industry/banking/deposits-in-jan-dhan-accounts-cross-rs-1-trillion-mark-1562752764534.html

Related Articles

 

Write Comments

Your email address will not be published. Required fields are marked *

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later