Financial inclusion contributes significantly to the economic empowerment of women, poverty reduction and overall wellbeing, especially those who come together in Self-Help Groups (SHG). There are financial inclusion level, factors influencing financial inclusion and negative factors influencing the utilization of formal financial service towards women members of SHG in Coastal Karnataka region that is covered in this study. Sometimes the financial literacy, education level, income level, awareness of digital banking, availability of banking infrastructure, participation in SHG activities, debt availability, habit of saving, and the financial inclusion programs implemented by the government are important determinants. The information has been collected among the female people of SHG members using the predefined questionnaire and analysis of the correlation between the identified variables and financial inclusion level is done by the use of suitable statistical method. Results demonstrate that financial means of communication, frequent involvement in SHG, financial awareness and availability of formal financial institutions (bank or other) have played a strong role in improving financial inclusion, whereas low level of education, financial illiteracy and geographical barriers are still perceived barriers in supporting people to actively access formal financial institutions. The study outputs have revealed that there is a significant scope for improving financial literacy; build digital banking infrastructure; positive policy interventions through SHGs can help achieve financial inclusion and sustainable socio-economic empowerment of women in the Coastal Karnataka context