26% of Jan Dhan accounts with PSBs inactive as usage slows under PMJDY

As of September 2025, 142.8 million Jan Dhan accounts in public sector banks are inactive; officials say RuPay card issuance gap also persists at 31 per cent

The share of inoperative Pradhan Mantri Jan-Dhan Yojana (PMJDY) accounts in public-sector banks (PSBs) has risen to 26 per cent as of the end of September, up from 21 per cent a year ago, reflecting a further slowdown in account activity under the government’s flagship financial inclusion scheme, according to a senior government official.

 

“As of September 2025, of a total of 545.5 million PMJDY accounts in PSBs, around 142.8 million were inoperative. For 2025–26, the target for opening new PMJDY accounts in PSBs is 20 million, of which 13.2 million accounts (66 per cent) have been opened