Jan Dhan Yojana Update: Over 1.4 Lakh New Accounts Opened in Two Weeks

Government Plans for Financial Inclusion: Opening More Accounts Under 3 Suraksha Yojnas

The Ministry of Finance has announced that over 1.4 lakh new accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY) have been opened between July 1 and July 14, 2025. 

This surge highlights the growing public interest in basic banking services and government-backed social security schemes.

According to The Economic Times, this increase also includes thousands of new enrollments in complementary schemes such as the Pradhan Mantri Suraksha Bima Yojana (PMSBY), the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), and the Atal Pension Yojana (APY), demonstrating a growing awareness of financial protection among low-income groups.

Jan Dhan Push: What the Numbers Say?

Since July 1, 2025, nearly 1.4 lakh new PMJDY accounts have been added. Alongside, the ministry noted:

• 66,494 accounts saw updated nomination details
   
• 96,383 inactive accounts underwent KYC re-verification

This reflects the government’s active monitoring and upgrading of its financial inclusion databases to ensure account usability and compliance.

Government Clarification on Dormant Accounts

Amid recent media reports suggesting the closure of inactive Jan Dhan accounts, the Department of Financial Services (DFS) under the Ministry of Finance issued a clarification:

“In connection with reports appearing in the media that the Department of Financial Services (DFS), Ministry of Finance, has asked banks to close inactive PM Jan Dhan Yojana accounts, the DFS has clarified that it has not asked banks to close inactive PM Jan Dhan Yojana accounts,” the Finance Ministry said.

Instead, the ministry emphasised that efforts are being made to strengthen account usage through KYC verification and nominee addition, not account deactivation.

Difference Between PMJDY, PMSBY, PMJJBY, and APY

Here's a comparative snapshot of PMJDY and its allied schemes:

There are different amounts based on age and other parameters.

How to Apply for PMJDY: Pradhan Mantri Jan Dhan Yojana

Eligibility:

• Indian citizens above 10 years of age
   
• No existing bank account required

Application Steps:

1. Visit your nearest bank branch participating in PMJDY.
    
2. Fill the PMJDY account opening form (available online or at the branch).
    
3. Submit basic KYC documents (Aadhaar, Voter ID, etc.).
    

How to Apply for PMSBY & PMJJBY: Insurance Made Simple

Eligibility (PMSBY):

• Age 18–70 years
   
• Bank account holder (preferably PMJDY)