Accessibility and Inclusiveness of Financial Service in the Rural Areas of Bagmati Province in Nepal

Nischal Risal ., Dhrubalal Pandey .


Purpose: Accessibility and financial inclusiveness become the emerging issues in recent years. The financial literacy is the major indicator of socio economic development of the country. The purpose is to analyze the accessibility and inclusiveness of financial services in Dukuchhap and Chhaimale in Bagmati Province, Nepal. Methodology: The descriptive and analytical research design is used in the study. The sample has been taken from the large population of two sample areas based on cluster and purposive sampling method. The descriptive and inferential statistics are used to analyze and interpret the data. Findings: The study found urban centered financial services, low literacy and inclusiveness in the sample area. It has been hoped that the recent government Financial Literacy Framework-2020 work to overcome the mentioned issues in Nepalese context. Implications: The output of research paper can be beneficial for policy implications to the government authority and practical implication to the bank and financial institutions. Originality: After the new constitution in Nepal, and in federal structure, no study has been found in the available literature. Thus, the study is unique to come up with real picture of accessibility and financial inclusiveness in the study area.

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