Rural Banking

Rural banking refers to financial services provided by banks to people living in rural areas, where access to traditional banking facilities may be limited. It offers essential services such as savings accounts, loans, and credit to farmers, small business owners, and residents, helping them fund agricultural activities, purchase equipment, or improve livelihoods. These banks often customize products to meet the specific needs of rural communities and may operate through mobile branches or cooperative setups to ensure financial inclusion and support local economic development.