In a significant milestone for India’s financial inclusion mission, total deposits in Jan Dhan accounts have climbed to an impressive Rs 2.75 lakh crore. The achievement reflects how deeply the Pradhan Mantri Jan Dhan Yojana (PMJDY) has penetrated into the country’s banking system, specially among rural families and women who once struggled to access even basic financial services.
What Is PMJDY?
Launched in 2014, PMJDY is a national initiative aimed at bringing every household into the formal banking network. The mission focuses on ensuring that even the poorest citizens have access to essential financial tools. Under the scheme, people can open zero-balance savings accounts, receive RuPay debit cards, get overdraft facilities, and access government subsidies through direct benefit transfer (DBT). Insurance coverage is also part of the package, making it a key safety net for low-income families.
The goal has always been simple: to provide every unbanked individual with an opportunity to save, secure their money, and participate in the financial system.
Deposits Reach New High
As of November 2025, banks across India hold Rs 2.75 lakh crore in Jan Dhan accounts. With over 56 crore accounts opened so far, the average balance now stands at around Rs 4,815 per account. This rise shows that people are not just opening accounts for formality they are actively using them to save and manage their money.
Strong Rural and Women Participation
One of the most encouraging trends is the scheme’s deep reach into rural India. Nearly 78.2% of all Jan Dhan accounts belong to rural and semi-urban areas. Equally significant is the fact that half of all account holders are women. This reflects how the scheme is helping women gain more financial independence and play a larger role in household money decisions.
Why This Milestone Matters
The growth in deposits is more than just a statistic. It shows a clear rise in financial awareness among low-income groups. The accounts support smoother delivery of welfare benefits, strengthen the culture of savings, and encourage millions to engage with the formal economy. For many families, these accounts have become their first real connection to organised banking.
Steady Growth Over the Years
PMJDY has shown consistent progress. Deposits crossed Rs 1.5 lakh crore in 2022, rose to over Rs 2.6 lakh crore in 2024, and have now reached Rs 2.75 lakh crore in 2025. This steady upward trend highlights how Jan Dhan accounts have grown from a basic inclusion tool to an active part of India’s financial ecosystem.
