Five States Hold 54% of India's Jan Dhan Accounts

More than half of India's 58.7 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts are concentrated in five states, led by Uttar Pradesh with 10.43 crore accounts, according to a businessline analysis of data tabled in Parliament. Bihar (6.98 crore), West Bengal (5.70 crore), Madhya Pradesh (4.73 crore), and Rajasthan (3.85 crore) complete the top five, together accounting for about 54 per cent of all accounts. The analysis of a response to a starred question in the Lok Sabha also shows improving account quality and stronger participation by public sector banks. Experts said the concentration reflects both demographics and the scheme's focus on expanding banking access in less financially included regions.