Financial inclusion is delivery of financial services at an affordable cost to the vast section of the disadvantage and low income members, providing them with timely and adequate access to the financial products, services like bank accounts, savings, insurance and entrepreneurial. There were still many obstacles cropping up in attaining financial inclusion. Hence, both public and private sector institutions should work together to overcome these challenges and contribute towards inclusive growth. Inclusive growth is much needed to include common people into the orbit of development. Self Help Groups are primarily community based organizations which grow through a process of social mobilization wherein the poor are organized and their capacities built up to tackle various issues that are critical for mitigating poverty and finally overcoming it. Needless to emphasize, self help groups offer an enabling platform for unleashing the innate abilities of the rural poor women to overcome poverty. The present study is an attempt to examine the financial inclusion activities and to explore the impact of self help groups, and the areas of women empowerment as members of Self Help Groups. A descriptive study was conducted among 160 women members of self help groups situated in Jamkhandi Talluk of Bagalkot District in Karnataka. The socio-demographic profile, awareness about savings in the group, self help activities and the area of members’ empowerment is examined. Most of the respondents able to decide for their children and family, acquired everyday skills related bank operation, conducting meeting, reporting, sharing opinion in groups, improved knowledge and standard of living. Thus we can say that the self help groups have created a sound social and financial improvements in rural poor women.