In a surprising report by the government, it has been found that Jan Dhan account holders have withdrawn a total of Rs 5,582.83 crore since December 7 with deposits in many such accounts many folds in a day.

According to Finance Minister data, deposits had increased to a record high of Rs 74,610 crore on December 7 and thereafter, it started gradual decline to close at Rs 69,027.17 crore on January 11.

Jan Dhan accounts are basically no frill accounts are introduced to ensure financial inclusion in the country.

Bank account under the scheme can be opened in any bank branch or Business Correspondent (Bank Mitr) outlet. These accounts are being opened with Zero balance. However, in order to get cheque book, an account holder will have to fulfil minimum balance criteria.

The Pradhan Mantri Jan Dhan Yojana was launched in August 2014 to increase banking penetration and promote financial inclusion in the country.