Women in developing countries are far less empowered economically than their counterparts in developed countries. In the context of India, this study investigates the connection between financial inclusion and women's economic empowerment via financial literacy. With a special emphasis on women, academics and development professionals have long argued that equitable economic growth and poverty reduction depend on having access to financial products and services. However, little is known about the precise effects of financial inclusion on women's economic empowerment in India and there is scant data on the factors that influence women's financial inclusion in the nation. For women to be empowered, financial literacy is essential. In order to achieve gender equality in society, women's economic inclusion is crucial. These research gaps are attempted to be filled by this study. This study's first goal is to investigate the financial implications over women's empowerment by examining the financial literacy of women from particular castes, which is influenced by socioeconomic factors like age, income, educational attainment, and the percentage of household income saved. This primary research's methodology is founded on quantitative research techniques. This study first uses a priori reasoning from an individual to general approach in order to elucidate the impact of financial inclusion for women's empowerment through financial literacy of other backward caste women in Chennai District, Tamil Nadu, India. A conceptualization model has been tested to investigate the mediating role of financial inclusion in the effects of female literacy empowerment. The impact of financial inclusion on women's empowerment through financial literacy, which is influenced by socioeconomic factors like age, education, family size, and income and moderated by backwardness, can be assessed using a quantitative conceptual framework. According to the estimated regression coefficient, financial inclusion and women's empowerment have a positive and significant impact. Increased access to financial services leads to better economic outcomes for women, according to the findings, which show a beneficial and statistically significant effect of financial inclusion on women's economic empowerment in India.