India

Post Demonetisation: Rs 64,564 crore deposited in Jan Dhan accounts

Pradhan-Mantri-Jan-Dhan-Yojana

New Delhi, July 17: Deposits in Jan Dhan accounts sets new sky of  Rs 64,564 crore, out of which Rs 300 crore added in the first seven months of demonetisation, as per government data.

In Pradhan Mantri Jan-Dhan Yojana (PMJDY), people living in rural areas can access to financial services such as  Banking/ Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension in an affordable manner. Under this scheme, Bank accounts can be opened with a zero balance.

According to a Right to Information (RTI) application filed by a PTI correspondent, there are about 28.9 crore PMJDY accounts recorded till  June 14 this year.

Among this, 23.27 crore accounts were associated with public sector banks, while 4.7 crore with regional rural banks and 92.7 lakh with private ones.

A total of all these deposits is Rs 64,564 crore, the Finance Ministry data revealed, of which deposits in Public sector banks account is  Rs 50,800 crore, while regional rural banks have Rs 11,683.42 crore and private banks, Rs 2,080.62 crore.

On November 16, last year,  there were 25.58 crore PMJDY accounts with an estimated deposit of Rs 64,252.15 crore.

The report also unveiled that since November 2016 till June 14 this year, Rs 311.93 crore had been added to Jan Dhan accounts.

Post demontisation, government received several reports regarding misuse of Jan Dhan accounts to convert black money into white. Following this government also warned people that they would be penalised if they involved in such activities.

Wefornews Bureau 

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