Deposits in Jan Dhan accounts set to cross Rs 90,000 crore
Total deposits in Jan Dhan accounts are set to cross Rs 90,000 crore as the government is doubling accident insurance cover to to Rs 2 lakh from Rs 1 lakh for new accounts . which are opened after August 28, 2018.
According to finance ministry, the deposits have been steadily rising since March 2017 . The deposits have reached Rs 89,257.57 crore on January 30 whereas it is steadily rising with time.
With an aim to provide universal access to banking facilities for all households, the Jan Dhan Yojana (PMJDY) was launched on August 28, 2014.