On 21 July 2026 the Ministry of Finance updated the Parliament on the progress of the NMFI. The data show how the flagship schemes – PMJDY, PMJJBY, PMSBY, APY, PMMY and SUPI have expanded, the government argues that financial inclusion is moving from a policy promise to a measurable reality.
Key Developments (as of 1 July 2026)
- PMJDY: 58.63 crore accounts opened; total deposits Rs 3,08,333 crore.
- PMJJBY: 27.84 crore life‑insurance enrollments.
- PMSBY: 58.78 crore accidental‑insurance enrollments.
- APY: 9.29 crore subscribers as of 30 June 2026.
- PMMY: 59.14 crore loans sanctioned, amounting to Rs 41.71 lakh crore.
- SUPI: 2.75 lakh loans worth Rs 62,790 crore granted to SC/ST and women entrepreneurs (data up to 31 March 2025).
Important Facts
Women dominate the account base – 32.68 crore (55.74%) of PMJDY accounts belong to women. Rural and semi‑urban areas host 45.62 crore (77.80%) of the accounts, highlighting the scheme’s reach beyond urban centres.
PMMY’s loan portfolio of Rs 41.71 lakh crore supports micro‑enterprises in manufacturing, trade, services and agriculture‑linked activities, reinforcing the “funding the unfunded” pillar of