• Sunitha K.B

Financial Inclusion is a drive towards attaining sustainable development and inclusive growth. It plays a vital role in eradicating the poverty. Inclusive financial system helps the deprived section people to get access to formal credit, saving products and other services which help them to overcome poverty and income disparity existing in India. The primary purpose of financial Inclusion is to deliver and spread awareness regarding banking and financial services at affordable costs to the unbanked sections of disadvantage and low income sections of society so as to unlock their savings and investment potential. The objective of the study is to examine the major hurdles in accessing financial product and services of the study area and to justify the role of government for opening bank account, accessing loan facility, and services offered by bank. The study was conducted through collection of primary data from 400 respondents in rural area in eight blocks of Davanagere district. By analyzing the data it is identified that the rural people are not aware about the financial products/schemes and they have many hurdles in accessing the banking services. For the purpose of analyzing the data Chi-square test is applied. And p-value calculated as it is an important economic indicator. Government of India and Reserve Bank of India should make efforts to reach the rural population through the expansion of banking services.

Financial Inclusion, Financial Services, Awareness, Savings, Credit

"Hurdles in Financial Inclusion Practices in Rural areas –A study of Davanagere District", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.4, Issue 10, page no.94-101, October-2017, Available :http://www.jetir.org/papers/JETIR1710171.pdf

"Hurdles in Financial Inclusion Practices in Rural areas –A study of Davanagere District", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.4, Issue 10, page no. pp94-101, October-2017, Available at : http://www.jetir.org/papers/JETIR1710171.pdf