Assessment of Socio-Economic Factors Affecting Individual Deposit Policies in Commercial Banks

In order to fill the knowledge vacuum regarding consumer behavior regarding deposits, this study examines the socioeconomic factors impacting individual deposit policies in Uzbekistan's commercial banks. The study used a methodical approach, surveying 522 people to examine economic and demographic factors such as employment, education, and income. Stata software was used to examine the data and model the correlation between deposit tendencies and socio-economic characteristics. The findings show that age, marital status, and income have a sub-stantial impact on deposit preferences; younger people prefer foreign currencies, while more educated participants are more likely to invest in stocks. The study highlights the necessity of deposit rules that are client-oriented and take societal concerns into account. These results offer vital information to banks hoping to draw in and keep depositors, enhancing financial inclusion and operational effectiveness in the banking industry in Uzbekistan.