The Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched in August 2014 as a flagship financial inclusion programme. It aims to give every household a basic bank account and related financial services. Since its launch, the scheme has added overdraft facilities, RuPay debit cards, and links to insurance and pension products.
On July 22, 2026, the government reported that 58.84 crore PMJDY accounts had been opened. Of these, 45.77 crore accounts belong to rural and semi‑urban beneficiaries. More than half of the accounts, 32.79 crore, are held by women.
Minister of State for Finance Pankaj Chaudhary told the Lok Sabha that PMJDY accounts continue to be a key channel for routing direct benefit transfer (DBT) payments from the government to beneficiaries. The accounts help ensure that subsidies and pensions reach the intended recipients. The minister also highlighted the role of these accounts in supporting other government schemes.
The ministry also shared enrolment figures for social security schemes linked to the financial inclusion push. As of July 22, 2026, the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) had 28.05 crore enrolments. The Pradhan Mantri Suraksha Bima Yojana (PMSBY) led with 59.18 crore enrolments, while the Atal Pension Yojana (APY) had 9.40 crore enrolments.
In addition to banking, the ministry is working on financial literacy. The Reserve Bank of India's Centre for Financial Literacy (CFL) Project, started in 2017, has set up 2,421 centres across the country. Each centre serves about three blocks on average, and banks continue to hold camps to raise awareness about government schemes, basic banking, digital finance, and consumer protection.
Overall, PMJDY has made significant progress in bringing banking services to underserved sections of society. The scheme’s expansion into overdrafts, debit cards, and insurance linkages has broadened its impact. Continued focus on DBT, insurance enrolment, and financial education keeps the programme relevant and growing.