Jan Dhan Accounts Safe: No Government Directive for Mass Closure
Worried about your Jan Dhan account becoming inactive? Rest assured! The Department of Financial Services (DFS) under the Ministry of Finance has clarified that there are no directives in place for banks to close inactive Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts.
PMJDY Accounts Continue to Grow
The DFS has confirmed a consistent upward trend in the number of PMJDY accounts, reassuring account holders. They’ve emphasized that no mass closures of inactive PMJDY accounts have been reported or observed.
Continued Commitment to Financial Inclusion
This clarification comes as a relief to millions of Jan Dhan account holders, reinforcing the government’s commitment to financial inclusion. The focus remains on expanding access to financial services, and this announcement underscores the security of existing accounts, even if temporarily inactive.