Pradhan Mantri Jan Dhan Yojana completes eight years of successful implementation

Pradhan Mantri Jan Dhan Yojana PMJDY, the National Mission for Financial Inclusion completed eight years of successful implementation today, August 28th. More than 46.25 crore beneficiaries banked under PMJDY since inception, amounting to over one lakh 73 thousand crore rupees. PMJDY Accounts grew three-fold from 14.72 crore in March 2015 to 46.25 crore as on the 10th of this month.

56 percent Jan-Dhan account holders are women and 67 percent of Jan Dhan accounts are in rural and semi-urban areas. 31.94 crore RuPay cards have been issued to PMJDY account holders.

The PMJDY was announced by Prime Minister Narendra Modi in his Independence Day address in 2014.