PM Jan Dhan Yojana Completes 12 Years of Transforming India’s Financial Inclusion Landscape

The Pradhan Mantri Jan Dhan Yojana (PMJDY), launched on August 28, 2014, has completed 12 years of transforming India's financial inclusion landscape. As of August 19, 2026, the total number of PMJDY accounts reached 59.09 crore, with total deposits amounting to ₹3.17 lakh crore. The initiative ensures basic bank accounts with no minimum balance requirement, free RuPay debit cards with accident insurance cover of ₹2 lakh, and an overdraft facility of up to ₹10,000. Data shows that 55.7% to 56% of account holders are women, and 77.8% to 78% of accounts are located in rural and semi-urban areas. Serving as the core of the Jan-Dhan-Aadhaar-Mobile (JAM) trinity, the scheme enables direct and transparent delivery of welfare benefits to the underprivileged.