New Delhi: The total number of accounts in Pradhan Mantri Jan Dhan Yojana (PMJDY) for the poor has gone up to 58.63 crore, with deposits exceeding Rs 3.08 lakh crore as on July 1, 2026, reflecting the success of the scheme launched to promote financial inclusion in the country, according to a Finance Ministry statement tabled in Parliament on Tuesday.
Out of these, 32.68 crore (55.74 pc) Jan Dhan accounts belong to women, while about 45.62 crore (77.80 pc) have been opened in rural and semi-urban areas which did not have access to banking services earlier, Minister of State in the Ministry of Finance Pankaj Chaudhary stated in a written reply to a question in the Rajya Sabha.
The Government launched the National Mission for Financial Inclusion (NMFI) in August 2014 to provide universal banking services for every unbanked household. It is based on the guiding principles of banking the unbanked, securing the unsecured, and funding the unfunded, so that marginalised and underserved communities are within its ambit.
Other schemes under NMFI include Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), which has a cumulative enrolment of 27.84 crore as on July 1, 2026, and provides a life insurance cover of Rs 2 lakh for death due to any cause.
Under Pradhan Mantri Suraksha Bima Yojana (PMSBY), 58.78 crore cumulative enrolments have been done to provide one-year accidental cover of Rs 2 lakh (death or permanent total disability) and Rs 1 lakh (permanent partial disability).
Under the Atal Pension Yojana (APY), 9.29 crore cumulative enrolments have been made to provide a monthly pension to eligible subscribers.
Under Pradhan Mantri Mudra Yojana (PMMY), 59.14 crore loans amounting to Rs 41.71 lakh crore have been sanctioned to provide collateral-free institutional finance to micro and small business units up to Rs 20 lakh for income-generating activities in manufacturing, trading and services sectors, including activities allied to agriculture, the minister stated.
Besides, under the Stand-Up India Scheme (SUPI), 2.75 lakh cumulative loans amounting to Rs 62,790 crore have been sanctioned to Scheduled Caste, Scheduled Tribe and women entrepreneurs for setting up greenfield projects in sectors such as manufacturing, trading, services and activities allied to agriculture, the minister added.
(IANS)
