Nearly One In Four Jan Dhan Accounts Inactive, Here's What Does The RTI Data Reveal!
New Delhi: Nearly one in every four accounts opened under the Pradhan Mantri Jan Dhan Yojana is inactive, while more than 5.72 crore accounts have no money, according to data obtained through a Right to Information query. The figures indicate that although the scheme brought crores of people into the banking system, a large number of beneficiaries are not regularly using their accounts. Uttar…
According to data obtained through an RTI query, nearly one out of every four accounts opened under Pradhan Mantri Jan Dhan Yojana is inactive, while over 5.72 crore accounts have no money deposited in them. This indicates that while the scheme has successfully enrolled millions in formal banking, a significant number of beneficiaries are not using their accounts regularly.
Uttar Pradesh leads in both inactive accounts and overall account numbers, with 3.23 crore inactive accounts and 10.51 crore total accounts. Bihar is second in both categories, with 1.59 crore inactive accounts and 7.01 crore total accounts. Other states with high numbers of inactive accounts include West Bengal, Madhya Pradesh, and Maharashtra.
The scheme, launched in 2014, aims to increase financial inclusion by providing access to formal banking services. Jan Dhan account holders can check if their accounts are active by contacting their bank, visiting a branch, or using an ATM. If an account is inactive, the bank can provide information on the steps needed to reactivate it.
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