Bank account for every family

Bank account for every family

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
RAJYA SABHA
UNSTARRED QUESTION NO-83
ANSWERED ON-24.02.2015

Bank account for every family

83 . Shri Motilal Vora

(a) whether it is a fact that Government aims to link every family with bank
under the ‘Swabhiman Abhiyan’;
(b) whether it is also a fact that till now only 50 per cent population of the
country have accounts in banks;
(c) if so, the steps being taken by Government to provide banking facility to
the remaining 50 per cent population;
(d) whether it is also a fact that all the branches of banks have not been
able to provide ATM facility, so far; and
(e) if so, the steps being taken by Government in this direction?

ANSWER

The Minister of State in the Ministry of Finance
(SHRI JAYANT SINHA)

(a) Under the Swabhimaan campaign, the Banks were advised to provide appropriate banking facilities to habitations having a population in excess of 2000 (as per 2001 census) by March 2012. The banks identified approximately 74000 habitations across the country having a population of over 2000 for providing banking facilities. As per reports received from Banks, 74351 villages with population of above 2000 were covered with banking facilities either by branches; Business Correspondents, mobile banking etc. by March 31, 2012.

(b) and (c ) As per Census 2011, 58.7 % households were availing banking facilities in the country. To improve banking facilities and to cover all households with the facility of at least one bank account per household, Pradhan Mantri Jan-Dhan Yojana (PMJDY) was launched on 28th August 2014 as a national mission under which banks were given target to carry out surveys in allocated Sub Service Areas (SSAs) and Wards and to open accounts of all uncovered households by 26.01.2015.

As on 31.01.2015, 12.54 crore accounts have been opened out of which 7.50 crore accounts are in rural areas and 5.04 crore in urban areas. Deposits of Rs.10499.62 crore have been mobilized.

(d) and (e) As per budget announcement of 2013-14, it was targeted to provide an ATM at every bank branch. Out of 72340 branches identified, ATMs have been provided in 68622 branches till 31.01.2015. Besides, banking facilities are also being provided across the country through Business Correspondents equipped with micro ATMs.

Source-http://rajyasabha.nic.in/