Pradhan Mantri Jan Dhan Yojana (PMJDY) – Economic Survey 2025-26
**Objective:** Ensure universal financial inclusion by providing every household in India with a bank account, access to credit, insurance, and pension. **Key Achievements (Economic Survey 2025-26):** - 55.02 crore accounts opened as of March 2025; crossed 56.16 crore by August 2025 - 36.63 crore accounts in rural and semi-urban areas - 56% of Jan Dhan accounts belong to women - Total deposits reached ₹2.67 lakh crore - 13.55 lakh Bank Mitras providing branchless banking services - Zero-balance accounts declined from 76% (2014) to under 10% **Key Features:** - Zero minimum balance requirement - RuPay debit card with ₹2 lakh accident insurance cover - Life insurance cover of ₹30,000 for accounts opened before January 26, 2015 - Overdraft facility up to ₹10,000 - Direct Benefit Transfer (DBT) linkage for government subsidy payments **Ministry:** Ministry of Finance, Department of Financial Services. **Launched:** August 28, 2014. **Official Website:** pmjdy.gov.in
- PMJDY ensures universal financial inclusion by providing zero minimum balance bank accounts with RuPay debit card carrying ₹2 lakh accident insurance cover.
- 55.02 crore accounts opened by March 2025, crossing 56.16 crore by August 2025, with total deposits of ₹2.67 lakh crore.
- 56% of Jan Dhan accounts belong to women; 36.63 crore accounts are in rural and semi-urban areas.
- Zero-balance accounts declined from 76% (2014) to under 10%; 13.55 lakh Bank Mitras provide branchless banking services.
- Launched on August 28, 2014 by the Ministry of Finance; provides overdraft facility up to ₹10,000 and life insurance cover of ₹30,000 for accounts opened before January 26, 2015.
What is the Pradhan Mantri Jan Dhan Yojana (PMJDY)?
PMJDY is a national financial inclusion mission launched on August 28, 2014 by the Ministry of Finance, Department of Financial Services, to ensure every household in India has a bank account with access to credit, insurance, and pension.
How many PMJDY accounts have been opened?
According to Economic Survey 2025-26, 55.02 crore accounts were opened as of March 2025, crossing 56.16 crore by August 2025. Of these, 36.63 crore accounts are in rural and semi-urban areas and 56% belong to women.
What is the total deposit amount under PMJDY?
Total deposits under PMJDY have reached ₹2.67 lakh crore. Zero-balance accounts have declined from 76% in 2014 to under 10%, reflecting active usage of these accounts.
What insurance and overdraft benefits are offered under PMJDY?
PMJDY provides a RuPay debit card with ₹2 lakh accident insurance cover, life insurance cover of ₹30,000 for accounts opened before January 26, 2015, and an overdraft facility up to ₹10,000.
Who are Bank Mitras under PMJDY?
Bank Mitras provide branchless banking services under PMJDY. As per Economic Survey 2025-26, 13.55 lakh Bank Mitras are delivering doorstep banking across India, supporting the last-mile financial inclusion goal.
Does PMJDY require a minimum balance?
No, PMJDY accounts have zero minimum balance requirement. The scheme also enables Direct Benefit Transfer (DBT) linkage so government subsidy payments can be credited directly to beneficiaries.
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