The adoption of digital banking services is increasingly vital in today’s financial landscape, yet various factors influence its uptake among different demographic groups. This research examines demographic influences, technological and psychological barriers, and cultural and societal factors affecting digital banking adoption. Using a mixed-methods approach, the study integrates quantitative data from a survey of 1,000 respondents and qualitative insights from focus group discussions. The findings highlight that demographic factors such as age, income, and education significantly impact digital banking adoption rates. Technological barriers, including internet access and device availability, alongside psychological barriers like perceived ease of use and security concerns, also play crucial roles in hindering adoption. Based on these insights, the research proposes targeted strategies to enhance digital banking adoption. Key strategies include improving user-centric design and usability, implementing robust security measures, launching educational and awareness campaigns, employing personalized marketing, enhancing infrastructure and accessibility, and building trust and reliability. By addressing these factors, financial institutions can foster a more inclusive and user-friendly digital banking environment. The study’s comprehensive approach offers actionable insights for financial institutions aiming to increase digital banking adoption. It emphasizes the importance of understanding and mitigating technological and psychological barriers while leveraging cultural and societal influences.