Financial Inclusion

Financial Inclusion It is delivery of financial services at the affordable cost to vast sections of disadvantaged and low income groups.
Need for Financial Inclusion

People in the far-flung areas are completely ignorant of the banking & financial products like Saving Accounts, Insurance, General Purpose Credit Cards, Cash NEFT etc. These financially excluded people depend on the traditional money lenders for their day to day needs and borrowings at high rates finally pushed them in a debt trap.

Aim of the 'Financial Inclusion' is to include such excluded groups of society in the banking network, to meet their requirements and to uplift their living standards.

How to join in the main stream

Contact near by bank branch or Financial Literacy Center & seek advice on the various products / facilities.

- Open 'Basic Banking Account' with nearest Bank Branch or BC available in the area / villages. Account can be open with zero balance.

  • - Start saving as much amount as possible to save for your future needs.
  • - Develop habit of small savings and keep this amount in the bank account.
  • - Seek credit from Bank for small business activities to increase your earnings.
  • - Invest saved amount in small business activities to further increase your earning

 

 

Reserve Bank of India Financial Literacy Material

 

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