evidence: In a significant milestone, deposits under the Pradhan Mantri Jan Dhan Yojana (PMJDY) have reached US$ 27.51 billion (Rs. 2,30,792 crore) across 52.81 crore Jan Dhan accounts. The government initiated the National Mission for Financial Inclusion (NMFI), namely PMJDY, in August 2014 to provide universal banking services for every unbanked household, guided by principles of banking the unbanked, securing the unsecured, funding the unfunded, and serving unserved and underserved areas. Union Minister of State for Finance, Mr. Pankaj Chaudhary, stated in Lok Sabha that 55.6% of the total Jan Dhan accounts are held by women, with US$ 350.14 billion (Rs. 29.37 crore) deposited in these accounts. Additionally, about 66.6% or 35.15 crore of PMJDY accounts have been opened in rural and semi-urban areas.