The financial inclusion plan of the Reserve Bank of India has led to huge penetration of banking facilities in the villages of Bihar. As many as 9230 villages of the state have been brought under the umbrella of financial inclusion.

Inclusion in these villages has taken place in the form of smart cards being distributed to villagers.

These cards are related to no frills savings accounts and will be associated to the unique identification number being given out to villagers.

These smart cards would also benefit villagers in getting government benefits like MNREGA wages, Indira Awas Fund and also the proposed PDS subsidy.

As part of the central bank's initiative to make banking reach doorsteps of the unprivileged, more than 1000 villages in Bihar have been benefitted.