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2mo ago

India’s Financial Inclusion Drive Records Over 43,000 Camps in First Two Weeks

The campaign focuses on enhancing account security alongside boosting flagship scheme enrollment before its September 30 conclusion.

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Overview

  • About 1.39 lakh new Pradhan Mantri Jan Dhan Yojana accounts were opened since July 1 under the Department of Financial Services campaign.
  • KYC re-verification was completed for 96,383 existing PMJDY accounts and nominations were updated in 66,494 accounts to strengthen user safeguards.
  • Enrollments under the three Jan Suraksha schemes topped 4.8 lakh, including 1.83 lakh in PMJJBY, nearly 2.89 lakh in PMSBY and 67,668 in the Atal Pension Yojana.
  • The drive facilitated settlement of 1,665 insurance claims and delivered financial literacy sessions on digital fraud prevention and unclaimed deposit access.
  • District magistrates and participating banks will maintain momentum across about 2.70 lakh Gram Panchayats and Urban Local Bodies through September 30.