This study looks at how banking services, financial inclusion, and financial literacy are related in India. A sizable section of India's population, especially those living in rural and underserved areas, is still not included in the financial system, despite notable advancements in the expansion of access to formal financial services. Financial inclusion is greatly aided by financial literacy, which is the capacity to comprehend and handle financial products and services. This study examines how the banking industry may support inclusion and financial literacy by examining the function of banking services. The study also evaluates the efficacy of several government initiatives, such as the Financial Literacy Campaigns and the Pradhan Mantri Jan Dhan Yojana (PMJDY), in closing the gap between banking service accessibility and financial literacy. The importance of banking services and financial literacy programs on enhancing access to financial services, especially in underserved populations, is highlighted in the research through secondary data analysis.