Modi Hails Jan Dhan Scheme’s Impact on India’s Banking Access

The Jan Dhan scheme helps people who did not have bank accounts join the formal banking system.

Prime Minister Narendra Modi praised the program after it completed 12 years.

The number of accounts grew from 14.7 crore in 2015 to 59 crore in 2026.

Women hold more than half of these accounts.

Many accounts are also held by people living in rural and semi-urban areas.

This means the program has reached beyond India’s biggest cities.

Unbanked adults can open a basic account through the scheme.

They do not need to keep a minimum balance or pay maintenance charges.