Lok Sabha Question No. 242 (STARRED), answered on 2016-12-02
Subject: PMJDY Accounts
Ministry: FINANCE
Asked by: S.P. MUDDAHANUMEGOWDA

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES LOK SABHA STARRED QUESTION No. 242

(SAKA)

## PMJDY Accounts

## *242. SHRI S.P. MUDDAHANUME GOWDA :

Will the Minister of FINANCE be pleased to state:

- (a) the salient features and number of accounts opened in the Pradhan Mantri Jan Dhan Yojana (PMJDY) and other financial inclusion programmelscheme, Bankwise in the recent past;
- (b) the normslcriteria laid down for availing overdraft facility under PMJDY;
- (c) the number of PMJDY account holders who availed this facility and the total amount disbursed upto October, 2016; and
- (d) whether the Government proposes to enhance the overdraft facility to PMJDY account holders and if SO the details thereof and the time by which the final decision is likely to be taken in this regard?

## Answer THE FINANCE MINISTER (SHRI ARUN JAITLEY)

(a) to (d)  A Statement is laid on the Table of the House.

Statement referred to in reply to parts (a) to (d) of Lok Sabha Starred Question No\_ *242 Position) for December, 2016 by SHRI S.P. Muddahanume Gowda, MP. regarding PMJDY Accounts 2nd (2nd

- (a) Pradhan Mantri Jan-Dhan  Yojana (PMJDY) envisages universal access to financial service with at least one basic   banking account for every household, financial  literacy, access to credit; micro-insurance and pension: The beneficiaries under the Yojana a RuPay Debit Card having inbuilt accident insurance cover of Rs.1.00 lakh\_ In addition there is a life insurance cover of Rs.30000/to those people who opened their bank accounts for the first time between 15.08.2014 to 31.01.2015. As on 23.11.2016, 25.67 crore PMJDY accounts have been opened across the country. Bank-wise details given in Annexure-1. get

Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) , Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Atal Pension  Yojana (APY) provides social  security benefits to poor and under-privileged persons. As on 23.11.2016, 3.07 crore; 9.78 crore and 0.34 crore persons were enrolled under PMJJBY , PMSBY and APY respectively: Bank wise details given in Annexure-2.

- (b) to (d) A PMJDY account-holder is eligible for an Overdraft (OD) facility of upto Rs.5000/- after six months of satisfactory performance of savinglcredit history. Upto October 2016, 23.75 lakh account holders have availed overdraft   facility with disbursement of Rs.315.81 crore. There is no proposal to increase this limit:

| Name of Bank                                  | Number of Accounts     |
|-----------------------------------------------|------------------------|
| PUBLIC SECTOR BANKS                           | 5729154                |
| Allahabad Bank Andhra Bank                    | 2255376                |
|                                               | 16226489               |
| Bank of Baroda                                |                        |
| Bank of India                                 | 15182142               |
| Bank of Maharashtra                           | 3702689                |
| Bhartiya Mahila Bank                          | 68938                  |
| Canara Bank                                   | 7768480 8512339        |
| Central Bank of India                         | 2688941                |
| Corporation Bank                              | 3524933                |
| Dena Bank                                     | 1145438                |
| Indian Bank                                   | 3079574                |
| Indian Overseas Bank                          | 4078762                |
| Oriental Bank of Commerce                     | 3849141                |
| Punjab & Sind Bank                            | 1257173                |
| Punjab National Bank                          | 14528569               |
| State Bank of Bikaner & Jaipur                | 3848741                |
|                                               | 2807063                |
| State Bank of Hyderabad                       | 72510845               |
| State Bank of' India State Bank of' Mysore    | 1034827                |
|                                               | 1209918                |
| State Bank of Patiala                         | 746909                 |
| State Bank of Travancore                      | 4139340                |
| Syndicate Bank                                | 7619672                |
| UCO Bank                                      | 6111436                |
|                                               | 9345400                |
| United Bank of India                          | 1460008                |
| Vijaya Bank                                   |                        |
| REGIONAL RURAL BANKS                          |                        |
| Allahabad Bank                                | 1001014 169511 4797357 |
| Andhra Bank Bank of Baroda                    |                        |
| Bank of India                                 | 3480869 701188         |
|                                               | 1030548                |
| Bank of Maharashtra Canara Bank               | 4198235                |
| Central Bank of' India Dena Bank              | 318198                 |
| Indian Bank                                   | 473628 989110          |
| Indian Overseas Bank Jammu & Kashmir Bank Ltd | 95181                  |
|                                               | 17965                  |
| Punjab & Sind Bank                            | 3383501                |
| Punjab National Bank                          | 2229081                |
| State Bank of Bikaner & Jaipur                | 907526                 |
| State Bank of Hyderabad State Bank of India   | 7875558 366430         |
|                                               | 52905                  |
| State Bank of Patiala                         | 2488641                |
| Syndicate Bank                                |                        |
|                                               | 1299562                |
| UCO Bank                                      | 908641 6927308         |
| Union Bank of India United Bank of India      |                        |
| PRIVATE SECTOR BANKS Axis Bank Ltd            | 634173                 |
|                                               | 83561                  |
| City Union Bank Ltd Federal Bank Ltd          | 464998                 |
| HDFC Bank Ltd ICICI Bank Ltd                  | 1720315 3145969 467189 |
| IndusInd Bank Ltd                             |                        |
|                                               | 1270745 162086         |
| Jammu & Kashmir Bank Ltd Karur Vysya Bank Ltd |                        |
| Kotak Mahindra Bank Ltd                       | 184512                 |
| Lakshmi Vilas Bank Ltd                        | 168995                 |
|                                               | 95307                  |
| Ratnakar Bank Ltd                             |                        |
| South Indian Bank Ltd                         | 208236 14175           |
| Yes Bank Ltd                                  |                        |
| Grand Total                                   |                        |
|                                               | 256764485              |

Annexure 2 to Lok Sabha Starred Q No. 242 for 02.12.2016

| Number of persons enrolled under thethree Schemes till 23.44.2016   | Number of persons enrolled under thethree Schemes till 23.44.2016   | Number of persons enrolled under thethree Schemes till 23.44.2016   | Number of persons enrolled under thethree Schemes till 23.44.2016   |
|---------------------------------------------------------------------|---------------------------------------------------------------------|---------------------------------------------------------------------|---------------------------------------------------------------------|
| Bank name                                                           | PMJJBY                                                              | PMSBY                                                               | APY                                                                 |
| Allahabad Bank                                                      | 954920                                                              | 2928187                                                             | 89286                                                               |
| Andhra Bank                                                         | 762239                                                              | 7051132                                                             |                                                                     |
| Axis Bank Ltd                                                       | 198328                                                              | 796189                                                              | 76765                                                               |
| Bank of Baroda                                                      | 1915245                                                             | 5564819                                                             | 274088                                                              |
| Bank of India                                                       | 1611480                                                             | 4632710                                                             | 286649                                                              |
| Bank of Maharashtra                                                 | 933533                                                              | 1690349                                                             | 62028                                                               |
| Bhartiya Mahila Bank                                                | 25809                                                               | 83526                                                               | 4034                                                                |
| Canara Bank                                                         | 2036427                                                             | 4704495                                                             | 108678                                                              |
| Central Bank f India                                                | 1911661                                                             | 4115663                                                             | 163608                                                              |
| City Union Bank Ltd                                                 | 38352                                                               | 53260                                                               | 0                                                                   |
| Corporation Bank                                                    | 573695                                                              |                                                                     | 34380                                                               |
| Dena Bank                                                           | 636765                                                              | 2604188                                                             | 39922                                                               |
| Federal Bank Ltd                                                    | 79283                                                               | 182693                                                              | 4803                                                                |
| HDFC Bank Ltd                                                       | 878047                                                              | 1546208                                                             | 152028                                                              |
| ICICI Bank Ltd                                                      | 363632                                                              | 2577263                                                             | 63255                                                               |
| IDBI Bank Ltd.                                                      | 562643                                                              | 1020649                                                             | 47133                                                               |
| Indian Bank                                                         | 822185                                                              | 1952063                                                             | 109297                                                              |
| Indian Overseas Bank                                                | 1090489                                                             | 3185684                                                             | 60857                                                               |
| IndusInd Bank Ltd                                                   | 5706                                                                | 13524                                                               | 4845                                                                |
| Jammu & Kashmir Bank Ltd                                            | 187282                                                              | 259136                                                              | 14759                                                               |
| Karur Vysya Bank Ltd                                                | 98669                                                               |                                                                     | 3002                                                                |
| Kotak Mahindra Bank Ltd                                             | 130347                                                              | 240463                                                              | 211                                                                 |
| Lakshmi Vilas Bank Ltd                                              | 20885                                                               | 40333                                                               | 438                                                                 |
| Oriental Bank of Commerce                                           | 618133                                                              | 3249036                                                             | 41883                                                               |
| Punjab & Sind Bank                                                  | 160915                                                              | 860045                                                              | 29932                                                               |
| Punjab National Bank                                                | 2048246                                                             | 7898122                                                             | 459209                                                              |
| Ratnakar Bank Ltd                                                   | 5048                                                                | 41836                                                               | 542                                                                 |
| South Indian Bank Ltd                                               | 59990                                                               | 174833                                                              | 5851                                                                |
| State Bank of Bikaner & Jaipur                                      | 250205                                                              | 1054881                                                             | 37570                                                               |
| State Bank of Hyderabad                                             | 682094                                                              | 1314656                                                             | 15094                                                               |
| State Bank of India                                                 | 4578756                                                             | 18143496                                                            | 445229                                                              |
| State Bank of Mysore_                                               | 348778                                                              | 649266                                                              | 34894                                                               |
| State Bank of Patiala                                               | 1268/7                                                              | 962743                                                              | 10507                                                               |
| State Bank of Travancore                                            | 122074                                                              | 515869                                                              | 8968                                                                |
| Syndicate Bank                                                      | 1445697                                                             | 4065409                                                             | 147522                                                              |
| Tamilnad Mercantile Bank Ltd                                        | 56349                                                               | 94684                                                               | 15466                                                               |
| UCO Bank                                                            | 780930                                                              | 1768573                                                             | 74714                                                               |
| Union Bank of India                                                 | 1256521                                                             | 2965680                                                             | 87436                                                               |
| United Bank of India                                                | 859216                                                              | 3071544                                                             | 70709                                                               |
| Vijaya Bank                                                         | 493394                                                              | 1588719                                                             | 37935                                                               |
| Yes Bank Ltd                                                        | 8926                                                                | 1316                                                                | 2561                                                                |
| Rural Cooperative Banks                                             | 659316                                                              | 1918881                                                             | 409                                                                 |
| Urban Cooperative Banks Grand Total                                 | 341408 30740435                                                     | 713255 97802458                                                     | 3388288                                                             |