| Title: AN EMPIRICAL STUDY IN TAMIL NADU’S TIRUPUR DISTRICT ON FINANCIAL INCLUSION VIA POST OFFICE SAVINGS PLANS AND THEIR EFFICIENCY IN ENCOURAGING HOUSEHOLD SAVINGS |
| Author: RAMATHAL P and Dr. R. RAJASEKARAN |
| Abstract: Financial inclusion is a key driver of inclusive economic development, ensuring access to financial services for all segments of society. In India, India Post plays a significant role in promoting financial inclusion through its wide network and various small savings schemes. This study examines the contribution of post office savings schemes in enhancing financial inclusion and evaluates their effectiveness in mobilizing household savings in Tirupur District of Tamil Nadu. The research is based on primary data collected from 120 respondents using a structured questionnaire. The findings reveal that post office schemes are widely preferred due to their safety, reliability, and government support. Recurring deposits and savings accounts are the most popular schemes among households. However, the study also identifies moderate levels of awareness and limited adoption of digital services as key challenges. Despite the presence of commercial banks, post offices continue to serve as an important financial institution, particularly for rural and semi-urban populations. The study concludes that improving awareness and integrating digital technology can enhance the effectiveness of post office savings schemes in mobilizing household savings and strengthening financial inclusion. |
| Keywords: Financial Inclusion, India Post, Small Savings Schemes, Household Savings, Tirupur District |
| DOI: https://doi.org/10.38193/IJRCMS.2026.8247 |
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| Date of Publication: 14-04-2026 |
| Download Publication Certificate: PDF |
| Published Vol & Issue: Volume 8 Issue 2 March-April 2026 |