Despite a huge surge in total deposits in Jan Dhan accounts following demonetisation, about one-fifth of these still continue to have no balance.
Net addition in the 25.8 crore Jan Dhan accounts was just Rs 288 crore during the week ended December 7, taking total deposits to about Rs 74,610 crore.
The percentage of zero balance account however remained flat at about 22.9 per cent despite the addition of Rs 29,000 crore in total deposits in about 30 days after demonetisation of high value notes took effect on November 9.
After the initial surge, total deposits in Jan Dhan accounts have seen a decline week after week. As much as Rs 1,487 crore was parked in these accounts during 7 days ended November 30, as against Rs 8,283 crore in the previous week.
The accretion was Rs 18,615.54 crore a week after demonetisation which moderated to less than half to Rs 8,582.57 crore during the 7-day period November 17-23.
Deposits in the 25.8 crore such accounts totalled Rs 74,609.50 crore at the end of December 7, as per the Finance Ministry data.
The upper limit for deposits in Jan Dhan account is Rs 50,000.
The overall amount was Rs 72,834.72 crore in 25.68 crore accounts at the end of November 23.