The region covered by the present district of Auraiya had flourishing trade with the adjoining regions, represented by the present district of Farrukhabad, Mainpuri, Agra, Gwalior and Kanpur, since early times. Trade was huge when law and order prevailed and tended to decrease sharply in chaotic conditions. Although there was a lack of means of communications trade was carried on horses, ponies, and boats which sailed on the rivers Yamuna and Chambal. Chambal was mostly used by the trader to cross over to Bhind and Gwalior in the south of the district, while Yamuna was extensively used for trade with Delhi and Agra in the west and Kalpi and Allahabad in the east. As far back as the fifth and sixth centuries B.C. wealth was hoarded in brazen jars or in houses. Usury was frowned upon even when indulged in by members of traditional high castes though the Vaishyas charged more than the prescribed rates of interest. In the mediaeval period particularly in the reign of Akbar and his two successors, trade was flourishing and the money was available with the rich and affluent. Auraiya being situated between Agra and Allahabad was an important centre of trade for agricultural commodities, ghi and handloom cloth.
There was a government treasury at Auraiya and a few sub treasuries at important places like Phaphund and Auraiya. The treasuries served as government banking institution for the collection of government dues, and for incurring expenditure on behalf of the government. The British established their own treasury at Auraiya after 1801, on taking the administration of the district.
In the beginning of the twentieth century there were a number of firms that advanced money. In large transactions, when valuables such as jewellery were deposited with the lender as security, the rate of interest varied from 6 to 12 per cent per annum, according to the proportion that the value of the property deposited bore to the sum advanced to the debtor. For loans advanced on personal security only, the interest charged was higher, the average being 18 per cent per annum.