Commercial banks through financial inclusion amoung the rural areas

The purposes of the study are to provide a critical review of evidence about the low-income people's financial savings & the role of commercial banks measurement, the programs used to promote their saving capability & aware their knowledge about financial product, services and the information uncovered about the programs by evaluations. Financial knowledge & saving is the most important for financial inclusion. Financial product knowledge has been proposed widely as an effective approach to preparing people to manage their finances. Financial capability includes both the ability to act (knowledge, skills, confidence, and motivation) and the opportunity to act (through access to quality financial products and services). The data required for the study have collected from the secondary sources. Banks are essential for each country's economy, since no growth can be achieved unless savings are efficiently channeled into investment. In this respect, the lack of a full-fledged banking system has often been identified as a major weakness of the centrally planned economies. The banks should encourage the people to access banking services by ways of no frills account, financial inclusion campaign and business correspondent etc. As a financial inclusion strategy, developing inclusive financial systems should give priority, which is financially and socially sustainable.