"We hope to break even with the Jan Dhan accounts by next year, if we maintain the deposits growth at the current level or even a little less. We spend Rs 132 on each such account," SBI managing director and group executive for national banking B Sriram said.
On the two social security schemes launched along with the Jan Dhan schemes, and the enrollment that SBI has done, he said the accident cover scheme saw SBI adding 131.14 lakh people, while the life cover plan added 33.15 lakh and the pension scheme added 1.45 lakh people.
Meanwhile, the government said, as much as Rs 22,000 crore have been deposited in over 17.5 crore bank accounts within a year of the launch of the Jan Dhan scheme, the largest financial inclusion scheme in the world.
"As of August 28, 2015, more than 17.5 crore bank accounts were opened under the Pradhan Mantri Jan Dhan Yojana and these accounts had over Rs 22,000 crore in deposits," the finance ministry said last week.
Sriram said deposits in these accounts stood at Rs 4,415 crore as of the March quarter, while the number of accounts then stood at 7.28 crore.



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