Press Information Bureau: February 09, 2021
As reported by Public Sector Banks (PSBs) [including sponsored Regional Rural Banks (RRBs)] and 14 major Private Sector Banks, as on 27.01.2021, a total number of 41.75 crore accounts have been opened under Pradhan Mantri Jan Dhan Yojana (PMJDY) out of which 35.96 crore accounts are operative.
This was stated by Mr. Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs in a written reply to a question in Lok Sabha today.
Under the Pradhan Mantri Jan-DhanYojana (PMJDY) a bank account can be opened with any bank branch or Business Correspondent (BC) including those of Private Sector Banks.
The Minister further stated that total number of PMJDY accounts opened by PSBs (including sponsored RRBs) and 14 major Private Sector Banks are 40.48 crore and 1.27 crore, respectively.
Giving more details, the Minister stated that accounts opened under PMJDY are Basic Savings Bank Deposit (BSBD) accounts. As per RBI guidelines dated 10.06.2019, banks are required to offer the following minimum banking facilities, free of charge, to the BSBD account holders, without any requirement of minimum balance:
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.