Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched in August, 2014 with the objective to, inter-alia, provide universal access to banking facilities to the people of the country. As informed by banks, out of 35.99 crore accounts opened under PMJDY as on 26.06.2019, 29.54 crore accounts are operative accounts.

Private Banks are allowed to open accounts under PMJDY. As apprised by them, 1.26 crore accounts have been opened by major private banks under PMJDY.

Public sector banks and major private banks have also apprised that Jan Dhan accounts are not debited with any banks charges.

Under PMJDY, as on 26.06.2019, while 34.73 crore accounts have been opened by public sector banks (including sponsored Regional Rural Banks), 1.26 crore accounts have been opened by major private banks.

This was stated by Shri Anurag Singh Thakur, Minister of State for Finance & Corporate Affairs in a written reply to a question in Lok Sabha.

Financial inclusion under PMJDY permits private banks to open no-fee Jan Dhan accounts and reports substantial operative uptake Pradhan Mantri Jan Dhan Yojana (PMJDY) authorises public and private banks to open basic deposit accounts to provide universal banking access; policy expressly contemplates that Jan Dhan accounts are not debited with bank charges, and implementation reporting distinguishes total accounts opened from operative accounts while attributing major share of openings to public sector banks with participation by private banks.