Prime Minister Narendra Modi said the Pradhan Mantri Jan Dhan Yojana has achieved an unprecedented scale while delivering transformative outcomes and creating a far-reaching impact.
Since its launch by
Prime Minister Modi on this day in 2014, the scheme has expanded financial access across the country. More than 59 crore accounts have been opened under the initiative, with deposits totalling Rs 3 lakh 17 thousand crore.
Described as the world’s largest financial inclusion initiative, the scheme has continued to expand access to banking services among Indians.
Unprecedented scale and transformative outcomes!
Jan Dhan Yojana has had an unparalleled impact. #12YearsOfJanDhan https://t.co/vxYoOnhPSW
— Narendra Modi (@narendramodi) August 28, 2026
Of the accounts opened under the scheme, 78 per cent are in rural and semi-urban areas, while women hold approximately 56 per cent of the accounts.
Red Flags And Green Flags
MyGovIndia has highlighted what it described as the “red flags” and “green flags” in India’s banking journey, pointing to the expansion of financial inclusion through Jan Dhan accounts, greater rural access and increased participation by women.
In a post on X, MyGovIndia said, “Red flag or green flag? India’s banking story has a clear answer. There was a time when access to formal banking depended on where you lived, your financial standing or simply how far you were from a bank. Today, India’s banking landscape tells a different story, with crores of Jan Dhan accounts, wider rural access, greater participation by women and banking reaching the last mile.”
MyGovIndia said the number of Jan Dhan accounts has increased from 14.7 crore in 2015 to 59 crore in 2026, describing the expansion as an unprecedented scale of formal banking access.
“A bank account is more than a number. It is a financial identity,” the post said, adding that the expansion has brought millions into the financial system and enabled greater participation in the formal economy.
The government platform also highlighted women’s participation in the Jan Dhan scheme. Nearly 33 crore women hold Jan Dhan accounts, representing 56% of all Jan Dhan account holders.
“Financial inclusion becomes meaningful when women are part of the journey,” MyGovIndia said, adding that wider access to formal banking is helping more women participate in the financial system.
Rural and semi-urban access was another area highlighted by MyGovIndia. The platform said 46 crore Jan Dhan accounts are held across rural and semi-urban India, accounting for 78% of all Jan Dhan accounts.
“Your pin code shouldn’t determine your access to banking,” the post said, pointing to the expansion of banking services beyond major cities.
MyGovIndia also highlighted Direct Benefit Transfer, saying ₹53 lakh crore has been transferred to beneficiaries, including Jan Dhan account holders.
“Getting government benefits shouldn’t mean navigating layers of middlemen,” it said, adding that DBT has helped reduce intermediaries and make welfare delivery more transparent and efficient.
The post further said nearly 100% of villages have a banking outlet within 5 km, helping reduce geographical barriers to financial services.
“Banking access shouldn’t depend on how far you live from a branch,” MyGovIndia said.
The platform also pointed to the expansion of digital banking infrastructure, noting that more than 41 crore RuPay cards have been issued to Jan Dhan account holders.
“Having a bank account can open the door to a wider digital financial ecosystem,” the post said.
MyGovIndia also highlighted the role of Bank Mitras in taking banking services closer to people. More than 13.5 lakh Bank Mitras are helping extend banking services beyond traditional branches.
“For many, reaching a bank branch once meant travelling for hours,” it said.
Concluding its assessment of India’s banking journey, MyGovIndia said, “We went looking for the red flags in India’s banking journey. Instead, we found a Green Forest.”
The platform listed 59 crore Jan Dhan accounts, 33 crore women account holders, 46 crore rural and semi-urban accounts, 13.5 lakh+ Bank Mitras and near-universal village banking access among the indicators of the transformation.
