Total deposits in Jan Dhan accounts have increased to Rs 64,252.15 crore, with Uttar Pradesh leading the chart with Rs 10,670.62 crore deposits followed by West Bengal and Rajasthan, PTI reports.
The Centre also stressed that no public sector banks had given any instructions to their officials to deposit Re 1 or 2 to avoid zero balance in Jan Dhan accounts.
"As on November 16, 25.58 crore accounts with aggregate deposits of Rs 64,252.15 crore have been opened under Pradhan Mantri JanDhan Yojana (PMJDY) across the country," Minister of State for Finance Santosh Kumar Gangwar said in a written reply to the Lok Sabha. Out of 25.58 crore accounts, 5.98 crores (23.02 per cent) are zero balance accounts, he said.
UP tops the list
Leading the pack of states, Uttar Pradesh has the highest number of account holders to the tune of 3.79 crores and therefore highest deposits of Rs 10,670.62 crore. There is no need to maintain the minimum balance in a Jan-Dhan account.
West Bengal in the second position
It is followed by West Bengal with 2.44 accounts and deposits of Rs 7,826.44 crore. The government dismissed reports that all public sector banks have to give any instructions to deposit Re 1 to 2 in the zero balance in Jan Dhan accounts.
Rajasthan in third
Rajasthan comes at the third spot with 1.89 crore accounts and the deposit in these accounts totals to Rs 5,345.57 crore while Bihar with 2.62 crore accounts has deposits of Rs 4,912.79 crore as of November 16. Holders of Pradhan Mantri Jan-Dhan Yojana accounts would also get access to pension and other insurance products.
Link accounts with Aadhaar
"Banks have been asked to ensure linkage of all PMJDY accounts with Aadhaar number in a time-bound manner. PMJDY envisages channelising all government benefits to the beneficiaries of all accounts opened under the Yojana and thus trying to bring down the zero balance in such accounts by transferring Direct Benefit Transfer (DBT)," Santosh Kumar Gangwar said.
What is Pradhan Mantri Jan-Dhan Yojana
Pradhan Mantri Jan-Dhan Yojana (PMJDY) is National Mission for Financial Inclusion introduced by Prime Minister Narendra Modi to ensure access to financial services, namely, Banking/ Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension in an affordable manner. Accounts can be opened across various banks in the country.