India being one of the world’s fastest growing economy. Large section of population living in rural areas, lacked access to formal banking service due to many factors such as illiteracy, geographically remoteness, socio-economically inequalities and many mores. Recognizing these challenges, The Pradhan Mantri Jan-Dhan Yojana (PMJDY) was launched in 2014, aims to enhance financial inclusion in India by providing easy access to banking services for the unbanked population in India. The scheme aimed to open at least one bank account per household, providing access to basic banking services- it offers zero-balance accounts, debit cards, insurance, pension and credit facilities. Targeting both rural and urban areas marginalized communities. As on August 2024, over 53 crore accounts have been opened, with significant participation from women and marginalized communities. The scheme has facilitated direct benefit transfers (DBT), ensuring that government assistance reaches intended beneficiaries efficiently. PMJDY plays a crucial role in integrating the economically disadvantaged into the formal financial system. The study based on secondary data provided by Indian Banks and presented in tables and charts