NEWS & ADVICE : PERSONAL LOAN
Govt. working to make banking accessible across all the households
By Neelima Shankar
Aug 1, 2014
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Under the financial inclusion plan, the govt. has decided to expand the banking facilities through mobiles and made them accessible to all the people. It has been noticed that there are nearly 7.5 crore households who do not posses any banking facility. Govt. is making its best efforts to make banking accessible to all, and to have at least two account holders in every household.

At present the inclusion plan covers up to the 58-59% i.e. area having access to banking and the remaining area accounts for 7.5 crore household that do not have any access to the banking. In order to expand banking and making banking accessible across all the households the govt. is planning to have a campaign for inclusion throughout the country.

Where ever possible the new brick and mortar branches and ATMs will be established that will provide banking services. In a period of two considerable development is expected under this plan.


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