Mukhyamantri Majhi Ladki Bahin Yojana: Maharashtra Govt Closes 6.8 Million Accounts Due to Incomplete e-KYC

Written by: Team Angel OneUpdated on: 3 Apr 2026, 1:38 pm IST
Maharashtra government shuts 6.8 mn Ladki Bahin accounts due to incomplete e-KYC, impacting monthly expenditure of ₹3,700 crore.
Mukhyamantri Majhi Ladki Bahin Yojana
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The Maharashtra government has closed 6.8 million accounts under the Mukhyamantri Majhi Ladki Bahin Yojana due to beneficiaries failing to complete the mandatory e-KYC process by the deadline, as per PTI report. This decision impacts the scheme's monthly expenditure of ₹3,700 crore. 

Closure Due to Incomplete e-KYC 

Nearly 6.8 million beneficiaries of the Mukhyamantri Majhi Ladki Bahin Yojana in Maharashtra have had their accounts closed after failing to complete the mandatory e-KYC process before the deadline.  

The deadline, initially set for March 31, has been extended to April 30, allowing beneficiaries more time to complete the verification process. 

Verification Exercise and Eligibility Criteria 

The Maharashtra government initiated the verification exercise following complaints about ineligible individuals receiving benefits.  

Eligibility for the scheme requires women aged 21 to 65 years, with an annual family income below ₹2.5 lakh, not receiving benefits from other state welfare schemes, and possessing an Aadhaar-linked bank account. 

Confusion Over Government Employee Category 

During the verification exercise, over 2.4 million beneficiaries were flagged as government employees due to confusion caused by a Marathi question in the form.  

After further scrutiny, around 2 million accounts were declared eligible, while verification of the remaining cases continues. 

Impact on Government Spending 

The closure of accounts reduces the number of active beneficiaries to approximately 17.5 million, likely affecting the monthly expenditure of ₹3,700 crore.  

The government allocated ₹26,000 crore for the programme in the 2026-27 budget, down from ₹36,000 crore in 2025-26. 

How to Complete Ladki Bahin e-KYC 

Beneficiaries can complete the e-KYC process online through the official portal. Verification is mandatory every year, requiring women to repeat the process annually to continue receiving benefits.  

Steps include visiting the official website, clicking on the e-KYC option, and submitting required details such as name, address, Aadhaar information, ration card number, and income details. 

Read More: Lakhpati Bitiya Yojana: Delhi Govt Launches Initiative for Girls Education Support! 

Conclusion 

The closure of 6.8 million Ladki Bahin accounts highlights the importance of completing the e-KYC process. The extension of the deadline provides beneficiaries with an opportunity to comply and continue receiving benefits under the scheme. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Apr 3, 2026, 8:07 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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