Jan Dhan Yojana Deposits Cross ₹2.63 Lakh Crore Mark in April 2025

The Pradhan Mantri Jan Dhan Yojana (PMJDY) continues to redefine financial inclusion in India. As of April 2025, Jan Dhan deposits have touched a record ₹2.63 lakh crore, showing strong progress in expanding access to banking for all.

A Record Rise in Deposits

According to recent government data, Jan Dhan account deposits reached ₹2,63,145 crore as of April 9, 2025. This is a significant rise from ₹2,34,997 crore in the previous year. The average per-account balance also hit a new high of ₹4,760, highlighting growing trust and active participation among account holders.

With over 552.8 million accounts and nearly 380 million RuPay debit cards issued, the PMJDY scheme is not just about numbers—it reflects rising financial awareness across urban and rural India.

What Makes Jan Dhan Yojana Special?

Launched on August 28, 2014, the Jan Dhan Yojana aimed to bring universal banking access to every household. With features like zero-balance accounts, an overdraft facility up to ₹10,000, RuPay debit cards with insurance cover, and no minimum balance requirement, the scheme makes banking simple and accessible for all.

Deposits in these accounts also earn 3–4% interest, giving even the smallest savers an opportunity to grow their money safely.

Powering Rural and Women-Led Banking

According to the latest data, 368.1 million beneficiaries are from rural or semi-urban areas, while urban and metro centres account for 184.7 million. Significantly, 308 million account holders are women—showcasing how the scheme is driving gender-inclusive financial growth.

Beyond Benefits: A Source of Low-Cost Funds

While many Jan Dhan accounts were initially opened to receive government subsidies and benefits, they have also emerged as a valuable source of low-cost funds for public sector banks. This dual utility strengthens India’s banking ecosystem while supporting welfare goals.

Technology-Driven Impact

The JAM Trinity—Jan Dhan, Aadhaar, and Mobile—has been a game changer. It has enabled real-time Direct Benefit Transfers (DBTs), especially crucial during the COVID-19 pandemic. Between FY15 and FY23, this tech-enabled approach led to savings of nearly ₹3.5 trillion in government spending.

Conclusion

The Pradhan Mantri Jan Dhan Yojana has successfully laid the foundation for a more inclusive, connected, and financially secure India. With digital support and growing confidence, the journey from zero-balance accounts to real financial stability is now a reality for millions.

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