In a monumental achievement for financial inclusion, the Indian government has set a new world record for the most bank accounts opened in a single week. According to official figures, a total of 18,096,130 new bank accounts were opened across India between 23 to 29 August last year, under the Pradhan Mantri Jan-Dhan Yojana (PMJDY) campaign.
This remarkable feat was confirmed today, marking a significant milestone in the government’s ongoing efforts to ensure universal access to banking facilities for every Indian citizen. Launched by Prime Minister Narendra Modi in his Independence Day speech, the PMJDY initiative aimed to bring financial services to the doorstep of millions, especially in rural and underserved areas.
The record-breaking week not only highlights the success of the financial inclusion drive but also demonstrates the government’s commitment to empowering citizens through access to banking, savings, and credit. The initiative aims to provide every Indian household with a bank account, a debit card, and access to a range of financial services.
This achievement is expected to further enhance the country’s digital financial infrastructure, promote economic growth, and foster financial literacy among the population.
As India continues to push forward with its vision of financial inclusion, this record is a powerful testament to the nation’s determination to bring every citizen into the formal banking system.
