PMJDY scheme | More than half accounts held by girls

No gender-wise knowledge obtainable relating to quantity held by men and women account holders.

More than half of financial institution accounts below the Pradhan Mantri Jan-Dhan Yojana (PMJDY) are held by girls beneficiaries, in line with an RTI reply.

However, there isn’t any gender-wise knowledge in terms of quantity held by men and women account holders.

The variety of accounts until September 9, 2020, below PMJDY was 40.63 crore, of which 22.44 crore accounts had been held by girls and 18.19 crore by males, stated the RTI reply to Madhya Pradesh-based activist Chandra Shekhar Gaur.

The deposits in these PMJDY accounts witnessed an eight.5% rise until early September of the present fiscal 12 months to just about ₹1.30 lakh crore, in line with the data supplied by the Finance Ministry.

“The total balance under the PMJDY accounts on April 1, 2020, was ₹1,19,680.86 crore, which grew by 8.5% to ₹1,29,811.06 crore by September 9, 2020,” the federal government stated within the Right to Information (RTI) question.

However, in line with the information furnished by the Ministry, no separate knowledge has been fashioned with respect to quantity held by men and women account holders.

In response to a question on the variety of accounts with zero steadiness, the RTI reply stated as many as three.01 crore accounts had no steadiness as of September 9, 2020.

There isn’t any separate knowledge on zero steadiness account gender smart, the Ministry added.

According to the most recent knowledge obtainable on authorities web site,, there are 40.98 crore beneficiaries with ₹1,30,360.53 crore steadiness as on October 7, 2020.

Of these, public sector banks (PSBs) have opened the utmost variety of PMJDY accounts at 32.48 crore accounting for ₹1,00,869.65 crore steadiness.

Regional rural banks have as many as 7.24 crore beneficiaries (₹25,509.05 crore) whereas personal sector banks have miniscule 1.27 crore accounts (₹three,981.83 crore).

Pradhan Mantri Jan-Dhan Yojana was launched in August 2014 below the National Mission for Financial Inclusion.

Initially it was for a interval of 4 years (in two phases). It was prolonged past August 2018 with change in concentrate on opening accounts from each family with some modifications akin to revision in overdraft (OD) facility to ₹10,000 from ₹5,000; non-conditional OD facility for quantity as much as ₹2,000 and revision in age restrict for OD from 18-60 years to 18-65 years.

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