The objective of this thesis is exploring the correlation between institutional enforcement of Property rights (PRs) on financial development ? Financial depth and Financial inclusion.Previous researches find positive impact of property right on financial development. The empirical analysis of this thesis is based on five selected SAARC countries including; Pakistan, Sri Lanka, Nepal, India and Bangladesh from 2007 to 2016. For this purpose, two proxies have been used for financial depth (i.e., private credit to GDP ratio, broad money to GDP ratio) while to examine financial inclusion and inequality effect, ease of access to loans is used as a proxy for financial inclusion. We used OLS regression to estimate the impact of private property on financial development. In order to account for omitted variable bias, different country specific control variables have been used. Furthermore, the impact of unobservable variables has been mitigated by adding country fixed effects. The statistical results show that the institutional protection of property rights significantly strengthen financial depth when we use private credit to GDP as a proxy of financial depth. But, in case of broad money as an indicator, this relationship becomes moderately meaningful.On the contrary, in case of ease of access to loan, no statistically significant relationship between private property rights and financial inclusion is observed.