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Govt Reveals 15 Crore Jan Dhan Accounts Currently Inoperative
NEW DELHI — The Government of India has released crucial data regarding the operational status of bank accounts opened under its flagship financial inclusion scheme. Minister of State for Finance Pankaj Chaudhary officially stated that approximately 15.09 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts are currently inoperative. This figure represents about 26 percent of the total 57.07 crore Jan Dhan accounts across the country. The Minister provided these details in a written reply to the Lok Sabha on Monday.
Jan Dhan Accounts: Understanding the Scope of Inactivity
Minister Chaudhary clarified the scale of the issue. Out of the total 57.07 crore accounts opened to bring the unbanked into the financial system, a significant portion remains dormant. Banks classify an account as 'inoperative' if it sees no customer-induced transactions for over two years. However, the government does not centrally maintain specific data regarding the gender or rural-urban distribution of these closed accounts. This clarification highlights the need for continued financial literacy efforts to encourage regular account usage among beneficiaries.
Financial Inclusion Beyond Basic Accounts
The Minister also shared robust data on other financial inclusion initiatives. Furthermore, he updated the House on the Kisan Credit Card (KCC) scheme. As of September 30, 2025, banks manage a total of 7.81 crore KCC accounts. These accounts hold a massive outstanding amount of ₹10.39 lakh crore.
www.newsorbiter.com/15-crore-inoperative-jan-dhan-account...
Govt Reveals 15 Crore Jan Dhan Accounts Currently Inoperative
NEW DELHI — The Government of India has released crucial data regarding the operational status of bank accounts opened under its flagship financial inclusion scheme. Minister of State for Finance Pankaj Chaudhary officially stated that approximately 15.09 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts are currently inoperative. This figure represents about 26 percent of the total 57.07 crore Jan Dhan accounts across the country. The Minister provided these details in a written reply to the Lok Sabha on Monday.
Jan Dhan Accounts: Understanding the Scope of Inactivity
Minister Chaudhary clarified the scale of the issue. Out of the total 57.07 crore accounts opened to bring the unbanked into the financial system, a significant portion remains dormant. Banks classify an account as 'inoperative' if it sees no customer-induced transactions for over two years. However, the government does not centrally maintain specific data regarding the gender or rural-urban distribution of these closed accounts. This clarification highlights the need for continued financial literacy efforts to encourage regular account usage among beneficiaries.
Financial Inclusion Beyond Basic Accounts
The Minister also shared robust data on other financial inclusion initiatives. Furthermore, he updated the House on the Kisan Credit Card (KCC) scheme. As of September 30, 2025, banks manage a total of 7.81 crore KCC accounts. These accounts hold a massive outstanding amount of ₹10.39 lakh crore.
www.newsorbiter.com/15-crore-inoperative-jan-dhan-account...