Archive · 29 Aug 2026
Modi Highlights Jan Dhan Yojana’s Transformative Financial Inclusion Impact
The Jan Dhan Yojana is a government programme that helps people open bank accounts.
It was launched in 2014 and has now completed 12 years.
Prime Minister Narendra Modi said it has made a very large difference.
The programme gives eligible unbanked adults basic accounts without minimum-balance or maintenance-charge requirements.
Account holders can also receive a RuPay card, accident insurance and an overdraft facility.
The government says deposits in these accounts have grown to Rs 3.17 lakh crore.
Nearly 33 crore women have Jan Dhan accounts.
Many accounts are also held by people in rural and semi-urban areas, helping more people join the formal banking system.
Prime Minister Narendra Modi said the Pradhan Mantri Jan Dhan Yojana has had an unparalleled impact after completing 12 years.
Launched on August 28, 2014, the programme aims to provide access to banking and financial services across India.
Deposits in Jan Dhan accounts rose 12.8 times to Rs 3.17 lakh crore over the past 12 years.
The scheme provides eligible unbanked adults with basic accounts, RuPay debit cards, accident insurance and overdraft access.
Nearly 33 crore women and 46 crore rural and semi-urban residents hold Jan Dhan accounts, according to government figures.
- Who
- Prime Minister Narendra Modi, the Ministry of Finance and beneficiaries of the Pradhan Mantri Jan Dhan Yojana.
- What
- The government highlighted the programme’s financial-inclusion impact, including deposits rising 12.8 times to Rs 3.17 lakh crore.
- When
- The remarks were made on Friday, as the programme completed 12 years after its August 28, 2014 launch.
- Where
- Across India, including rural and semi-urban areas; the remarks were reported from New Delhi.
- Why
- The programme was launched to expand access to banking and financial services and bring more people into the formal financial system.
- Programme
- Pradhan Mantri Jan Dhan Yojana (PMJDY)
- Launch date
- August 28, 2014
- Duration
- 12 years
- Deposit growth
- Deposits increased 12.8 times
- Total deposits
- Rs 3.17 lakh crore
- Women account holders
- Nearly 33 crore, or 56 per cent of all Jan Dhan account holders
- Rural and semi-urban accounts
- 46 crore, representing 78 per cent of all Jan Dhan accounts
- Account benefits
- No minimum balance requirement or maintenance charges, a free RuPay debit card with Rs 2 lakh accident insurance, and overdraft access of up to Rs 10,000
