Govt. aims at 10 crore bank accounts

Updated - November 16, 2021 04:43 pm IST

Published - November 28, 2014 02:41 am IST - New Delhi:

Of the 7.64 crore bank accounts opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY) so far, 5.74 crore have no deposits. A total of Rs. 6,015 crore is held in the remaining 1.9 crore accounts. Thus, the average deposit in each of these is Rs. 3165.78.

Finance Minister Arun Jaitley has raised the target for opening of PMJDY bank accounts by the next Republic Day to 10 crore, according to an official release issued here on Thursday.

The new target will amount to opening of one account for each household in the country. The target was originally set at 7.5 crore bank accounts.

The Finance Minister also asked the officers that Aadhar card numbers may be seeded with bank accounts so that the subsidies payments can be made into them through the Direct Benefit Transfer scheme, the release said.

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