The weakest sections of society are often disregarded by formal financial institutions because of their haste to turn a profit or the challenges of providing capital to them. Encouraging financially excluded members of society to interact with the formal financial system, promoting financial literacy, and fortifying credit delivery mechanisms to boost financial economic growth are just a few of the formidable obstacles that face the field of financial inclusion. An economy's growth is determined by how its citizens use their money. Equally important is the significance of citizen savings. Financial exclusion happens when financial services are not available to low-income and disadvantaged segments of society; financial inclusion, sometimes referred to as inclusive financing, is the supply of financial services at reasonable costs to these groups. Anyone looking for financial services can benefit from these plans. Encouraging universal access to banking and payment services for all is the main objective of this public policy. Thus, the process of guaranteeing low-income and vulnerable populations with timely and sufficient financing when needed, as well as cheap access to financial services, is known as financial inclusion. To guarantee that the most vulnerable members of society have access to financial services, nations should take the initiative and implement reforms. In order to increase financial inclusion and give individuals who are now excluded access to high-quality financial products, the Indian government and reserve bank have historically been major players in the construction of banks and other financial infrastructure.