Around 68 lakh accounts under the Ladki Bahin Yojana have been permanently closed due to incomplete e-KYC. The scheme, designed to support financially weaker women, now has 1.75 crore active accounts. The government has extended the deadline to April 30, 2026, to improve compliance and safeguard beneficiaries.
The Ladki Bahin Yojana, a welfare initiative for women in Maharashtra, has hit a major hurdle with mass account closures. The state government is working to ensure beneficiaries complete e-KYC to continue receiving financial support.
Account Closures
Out of 2.43 crore registered accounts, 68 lakh have been closed due to non-compliance with e-KYC requirements. This has reduced the number of active accounts to 1.75 crore, impacting budget allocations and scheme coverage.
Deadline Extension
Originally set for March 31, the deadline has now been extended to April 30, 2026. The extension aims to give beneficiaries more time to complete verification and avoid exclusion from the scheme.
Scheme Importance
The Ladki Bahin Yojana provides direct financial assistance to economically weaker women, helping them meet household needs and improve financial independence. Ensuring compliance is critical to maintaining the scheme’s reach and effectiveness.
Key Highlights
• 68 lakh accounts closed after failing e-KYC compliance
• Active accounts reduced to 1.75 crore from 2.43 crore
• Deadline extended to April 30, 2026, for verification
• Scheme supports financially weaker women in Maharashtra
• Budget allocations impacted by reduced beneficiary numbers
Sources: Devdiscourse, The Print, IANS, LatestLY