NEW DELHI: Deposits in Jan Dhan account have more than doubled to Rs 87,000 crore in 45 days post demonetisation, prompting the tax department to “dissect” information relating to such deposits, a top government official said.
The tax department also has data on small cash deposits between Rs 30,000-50,000 made in 4.86 lakh accounts totalling to Rs 2,000 crore.
Between November 10-December 23, the total deposits in Jan Dhan accounts reported is Rs 41,523 crore in 48 lakh accounts. This, together with the total deposits of Rs 45,637 crore as on November 9, takes the aggregate amount in Jan Dhan accounts to over Rs 87,100 crore.
Additionally, after a huge surge in deposits, Jan Dhan accounts witnessed net withdrawal of Rs 3,285 crore in the last fortnight. This was despite the fact that the monthly upper withdrawal limit was fixed at Rs 10,000 per month from November 30 to check misuse of Jan Dhan accounts.
Uttar Pradesh tops the list of states with most deposits in Jan Dhan accounts, followed by West Bengal and Rajasthan.