Meghalaya recorded 32.76 crore digital transactions during the 2025-26 financial year, while the number of Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts in the state touched nearly 10 lakh, officials said on Thursday, highlighting steady progress in financial inclusion and digital banking.
Speaking at a panel discussion, RBI Shillong General Manager Olden Nongpluh said initiatives such as the Jan Dhan-Aadhaar-Mobile (JAM) Trinity, Direct Benefit Transfer (DBT) and Digital Public Infrastructure (DPI) have widened access to banking services, improved transparency and accelerated the adoption of digital payments.
Nongpluh said 98 per cent of bank account holders in Meghalaya now use at least one digital mode of transaction. He added that efforts are continuing to achieve universal and meaningful digital adoption across the state.
SBI Deputy General Manager Ejaz Ahmad said Meghalaya had 9.99 lakh PMJDY accounts as of March 31, 2026. Of these, SBI held 3.55 lakh accounts, accounting for 36 per cent of the total.
Ahmad also said enrolment under the Centre’s social security schemes has increased, with 5.08 lakh beneficiaries under the Pradhan Mantri Jeevan Jyoti Bima Yojana, 9.36 lakh under the Pradhan Mantri Suraksha Bima Yojana and 1.02 lakh subscribers under the Atal Pension Yojana.