BIRGUNJ: People of rural parts adjoining Birgunj, the commercial hub in Parsa, are compelled to make financial transactions from Indian banks due to lack of banking services in their locality.
Most of banks in the country have opened their branches in Birgunj. Besides, there are over a dozen banks and financial institutions with the headquarters in Birgunj. But, many rural people have no access to banking services as no banks have reached there yet.
It is learnt that farmers and youths gone for abroad jobs have no way except for making financial transactions in the Indian banks because of the lack of banking services in their villages.
"Rural people feel insecure to visit the district headquarters to make banking transactions. Besides, it takes more time for them to reach the district headquarters than the Indian banks near the border areas", said former chairman of Parsa Nirmalbasti VDC, Lal Bahadur Shrestha.
However, the government had established banks at Pokhariya, Bhiswa, Langadi, Janakitola and Sedhawa villages to ensure people's access to banking services in the past. But, they had been displaced during the conflict and have not been reinstated yet.
Most of the rural folks in the district are in trouble due to lack of financial institutions in their locality, said one Rajesh Shrestha of Thori VDC.
Moreover, rural folks have to visit the district headquarters to receive amount distributed under the Poverty Alleviation Programme with a view to improving economic condition of the poor in the district.
According to Programme's district coordinator Ramakanta Patel, one has to spend Rs. 200 to Rs. 500 together with a day-long trek to reach the district headquarters to receive the amount.
It would be a great relief to rural people if the State feels the necessity of establishing banks in their locality, said Patel.