The present scenario especially in rural areas where in women are much talented and skilled needs to be empowered to bring about economical and social development. This could be possible only through Micro Finance by various financial institutions such as commercial bank, co-operative units and other organization. Microfinance 's position in women empowerment includes economic, social, and political empowerment, education , skills, and empowerment training. Micro-Finance increases women's contribution to household income through credit access. Micro-Finance helps women gain trust, family respect, and increase women's role in household decision-making. Microfinance increases family members literacy level, raises awareness of children's education.

Keywords : Economical and Social development, Micro Finance, Commercial bank, Political Empowerment