PM Jan Dhan Yojana Completes 12 Years of Advancing Financial Inclusion in India

The Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched on 28 August 2014 as a national mission to promote financial inclusion in India. The scheme aims to ensure that people, particularly those from economically weaker and underserved sections, have access to basic banking and financial services. Over the past 12 years, PMJDY has significantly expanded banking access across the country. As of 19 August 2026, around 59.09 crore Jan Dhan accounts had been opened. A significant proportion of these accounts belong to women and people living in rural and semi-urban areas , demonstrating the scheme's reach among previously underserved groups. Total deposits in PMJDY accounts have grown to approximately ₹3.17 lakh crore , while the average balance per account has also increased. This indicates that Jan Dhan accounts are increasingly being used not only to receive government benefits but also for regular banking and savings. The scheme has also supported India's transition towards digital payments. More than 41 crore RuPay debit cards have been issued to Jan Dhan account holders, enabling beneficiaries to access ATMs and participate in digital transactions. Eligible account holders can receive an overdraft facility of up to ₹10,000 . Eligible RuPay card holders can also receive accident insurance coverage of up to ₹2 lakh , subject to applicable conditions. PMJDY forms an important part of the Jan Dhan–Aadhaar–Mobile (JAM) Trinity . This system helps the government transfer subsidies and welfare benefits directly into beneficiaries' bank accounts through Direct Benefit Transfer (DBT) . Jan Dhan accounts also provide access to several social-security and financial schemes, including insurance, pension and credit programmes. After completing 12 years, PMJDY continues to be a major pillar of India's financial inclusion and digital financial ecosystem.