Pradhan Mantri Jan Dhan Yojana (PMJDY) is a scheme launched in 2014 by Prime Minister Narendra Modi to provide universal access to banking facilities. The scheme aims to provide bank accounts to over 75 million unbanked households across India. Key features of PMJDY include zero balance bank accounts, debit cards, accident and life insurance coverage, and an overdraft limit. By January 2015, over 12.58 crore accounts were opened under the scheme, with Rs. 10590 crore deposited. On its inauguration day itself, 1.5 crore accounts were opened, setting a Guinness World Record.