Financial Literacy Centre

Objectives:

The broad objective of the FLCs is to provide free financial literacy/education and credit counseling.

The specific objectives of the FLCs would be:

• To provide financial counseling services through face-to-face interaction as well as through other available media.
• Education on responsible borrowing ,
• Proactive and early savings,
• Offering debt counseling to individuals who are indebted to formal / informal financial sectors;
• To educate the people in rural and urban areas with regard to various financial products and services available from the formal financial sector.
• To make the people aware of the advantages of being connected with the formal financial sector.
• To formulate debt restructuring plans for borrowers in distress.
• To take up any such activity that promotes financial literacy, awareness of the banking services, financial planning and amelioration of debt-related distress of an individual.
• To make people aware of the social security schemes available and help them to utilize the benefits of the schemes like pension, health insurance etc.,

Role of FLCs Counselor:

• Counselors have to conduct Literacy Camps at villages, schools, farmers clubs, social clubs etc.
• Educate the public on banking, finance, Govt schemes and guide the public in this filed.
• Associate with BLBC, DCC meetings and other Govt Depts for spreading the Financial Literacy.
• Address the trainees in the training centers like RSETI, RUDSETI and guide those who come to the centers. Visit 10-12 villages in a month to educate villagers on banking and finance.
• Bank neutral job.
• Organize Literacy stalls in Melas, large gatherings, meetings social functions etc.

For further detailsClick Here