Rural cooperative banks accounted for 1.9 million beneficiaries under the Pradhan Mantri Jan Dhan Yojana (PMJDY), highlighting their role in expanding financial inclusion, media reports say.
Nationally, Jan Dhan accounts reached 595.9 million by October 14, 2026, with cumulative deposits of Rs 3.24 lakh crore. The average account balance rose to a record Rs 5,438, up from Rs 5,356 in August, following fresh deposits of nearly Rs 7,000 crore.
Rural and semi-urban branches accounted for 78% of beneficiaries, while women represented nearly 56% of the total, reflecting the scheme’s reach among underserved sections.
