This study investigates the determinants of financial inclusion and its impact on the socio-economic status of women in Tamil Nadu, India. The research emphasizes key dimensions such as bank account ownership, access to credit, and the use of digital financial services like mobile banking. A structured survey was administered to 420 women in the Madurai district using stratified sampling. The findings reveal that financial literacy, geographical access to banking infrastructure, and digital literacy are significant predictors of women’s participation in formal financial systems. Notably, women with higher financial awareness were more likely to use mobile banking and obtain credit, especially in rural and hilly regions. The study also identifies persistent gender gaps in access to digital platforms and credit, underscoring structural barriers to inclusion. The results affirm the need for targeted financial education, gender-sensitive policies, and infrastructure development to foster inclusive financial systems that enhance women’s socio-economic empowerment.