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Jan Dhan accounts cross 50 crore mark

The total number of Jan Dhan accounts have crossed 50 crore mark. Finance Ministry said, out of these accounts 56 percent accounts belong to women and 67 percent accounts have been opened in Rural and Semi-urban areas. The deposits in these accounts are more than two lakh crore rupees.

The Ministry said, about 34 crore RuPay cards have been issued in these accounts free of cost. The average balance in Pradhan Mantri Jan Dhan Yojana accounts is over four thousand rupees and more than five crore 50 lakh Jan Dhan accounts are receiving Direct Benefit Transfer benefits.

Pradhan Mantri Jan Dhan Yojana was launched in 2014 with an aim to provide universal access to banking facilities to people across the country.