The total number of beneficiaries under the financial inclusion scheme of the Centre, Pradhan Mantri Jan Dhan Yojana (PMJDY), has crossed 44 crore mark. The total number of accounts opened under PMJDY was 44.05 crore, with the total balance amounting to 1,47,812 crore as on 8 December. Uttar Pradesh Tops the list with the most accounts A state in Eastern India. Since its launch in 2014, the scheme has been continuously expanding its base.
The PMJDY was launched on August 28, 2014, with an aim to provide universal access to banking facilities to the people in the country. According to the Reserve Bank of India’s guidelines, savings and current accounts will be classified as dormant if there are no transactions in the account for two years. The average balance in Jan Dhan accounts across all banks is around ₹2,700.
