Finance
Year Of Launch: 2014
It envisages universal access to banking facilities with at least one basic banking account for every household, financial literacy, access to credit, insurance and pension.
Overall Progress
- Stated Target 60000000 accounts in rural areas, 15000000 accounts in urban areas by August 2015
- Targeted Beneficiaries 750000000
- Total accounts created till Jan 2015 12,54,73,289
Progress
29.40%
- Ongoing Target Universal Access to banking facilities
- Number of beneficiaries till Dec 2018 (end of Phase-II) 32,41,00,000
- Number of beneficiaries as on Nov 2020 41,31,00,000
Details as of Nov 2020
| Bank Name / Type | Number of Beneficiaries at rural/semiurban centre bank branches | Number of Beneficiaries at urban metro centre bank branches | Number of Rural-Urban Female Beneficiaries | Number of Total Beneficiaries | Deposits in Accounts (In Crore) | Number of Rupay Debit Cards issued to beneficiaries |
| Public Sector Banks | 20.03 | 12.68 | 17.93 | 32.71 | 102636.51 | 25.79 |
| Regional Rural Banks | 6.39 | 0.94 | 4.24 | 7.33 | 25168.65 | 3.35 |
| Private Sector Banks | 0.7 | 0.57 | 0.68 | 1.27 | 4150.92 | 1.15 |
| Grand Total | 27.12 | 14.2 | 22.85 | 41.31 | 131956.08 | 30.29 |
Detail of Households Allotted and Covered as of Nov 2020
| Total Households | 210621192 |
| Covered Households | 210598255 |
| Household Coverage % | 99.98910983 |