Bank Branch in Palamu, Jharkhand

Pillar: Connectivity

Palamu has 6.6 bank branches per lakh population, behind the typical district. The district's credit-deposit ratio is 42.2, behind the typical district. Every branch here is a physical point of access to savings and credit.

Youth opportunity in Palamu

82% of registered enterprises are in services while 18% are in manufacturing. Only 3% of employment is in small and medium enterprises. 67% of school-age children are enrolled in higher secondary school (classes 9–12). Only 20% of ITI trainers are certified.

In Palamu, which ranks 19 of 24 in Jharkhand for youth opportunity, the overall opportunity score is 43.5 out of 100. It runs ahead of the national picture on women with a bank account at 87.9%. On small-business loans per lakh people at ₹27,471 and credit going to productive use at 61%, it sits close to the national mark. The district has 30,288 registered enterprises.

Mandated services and how to locate the Bank Branch in Palamu are in the Palamu district course and the English reference guide (Hindi). See the Palamu youth opportunity scorecard for the full district picture.