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Jan Dhan Accounts to Soon Cross ₹1 Trillion Mark
April 23, 2019
The total deposits under the financial inclusion scheme Jan Dhan may soon cross ₹ 1 trillion soon. It stood at ₹ 97,665.66 crores on April 3 and is increasing rapidly. The total number of accounts under the same has already crossed 35 crores.
The Pradhan Mantri Jan Dhan Yojana (PMJDY) was rolled out on August 28, 2014, by the NDA government to make organized banking services more accessible to remote and rural areas in the country. To make it more attractive, the center had even made a few changes to it recently which include doubling the overdraft limit ₹ to 10,000 and increasing the accident insurance cover to ₹ 2 lakhs from previous ₹ 1 lakh.
Photo credit: Dr PS Sahana * Kadamtala Howrah on Visualhunt.com / CC BY
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