Financial Inclusion

56% of accounts held by women; 67% in rural or semi-urban areas. A meaningful share of accounts were historically zero-balance — though the proportion has declined; average balance is now ~₹4,700. The scheme builds on pre-2014 financial inclusion efforts; Aadhaar-based KYC was essential infrastructure.

Average balance ~4,700 INR per account. Rapid growth in deposits reflects both new account openings and DBT inflows. Early years saw many zero-balance accounts; this has improved substantially.