The Pradhan Mantri Jan Dhan Yojana (PMJDY) has completed 10 years.
This scheme has played a major role in connecting crores of common people to the banking system.
Jan Dhan accounts can be opened with zero balance and without any charges.
Account holders also get many benefits such as a free RuPay card, accident insurance of up to ₹2 lakh, and an overdraft facility of ₹10,000.
Re-KYC Mandatory for Old Accounts
As per banking rules, KYC (Know Your Customer) is valid for 10 years.
Therefore, people who opened Jan Dhan accounts in 2014–2015 must now complete re-KYC to keep their accounts active.
Deadline: September 30, 2025
Process: Update details like name, address, and photo with your bank
Cost: Free of charge at the bank branch
Why Important: Prevents fraud, ensures smooth banking, and avoids account closure
If you do not complete re-KYC by the deadline, your Jan Dhan account may become inactive, making it difficult to do transactions or receive government subsidies.
To make this easier, public sector banks are holding camps at village panchayats from July 1 to September 30, 2025.
So far, re-KYC has been done in nearly 1 lakh gram panchayats.
Growth of Jan Dhan Accounts Over the Years
The scheme has grown rapidly since its launch:
2015: 14.72 crore accounts opened in the first year
2017: Increased to 28.17 crore
2019: Reached 35.27 crore
2021: Rose further to 42.20 crore
2023: Estimated 48.65 crore accounts
2025: Projected to reach 56.16 crore accounts
In short: Re-KYC is compulsory by September 30, 2025 for Jan Dhan accounts opened in 2014–15.
Without it, accounts may be closed, and banking services or subsidies could be affected.
