Financial literacy refers to “Knowledge and understanding of financial concepts and risks, and the skills as well as motivation and confidence to apply such knowledge and understanding in order to make effective decisions across a range of financial contexts, to improve the financial well-being of individuals and society, and to enable participation in economic life” (OECD). It is a combination of awareness, knowledge, skill, attitude, and behavior necessary to make sound financial decisions and ultimately achieve individual financial wellbeing. Financial literacy allows an individual to make informed and effective decisions with all of their financial resources. Raising interest in personal finance understanding basic financial concepts allows people to know how to navigate in the financial system.

People with appropriate financial literacy training make better financial decisions and manage money better than those without such training. Through financial literacy training, seminar and projects we have a vision to

• Enhance the Financial Capability Financial capability of an individual to act with confidence & help in making the optimal choices in the management of his/her money matters.
• Enhance Financial Knowledge in various economic and money issue, through education and training; experience; and information flows from various sources.
• Enhance Financial Skill, knowledge, financial behavior, help in rational financial decision making, help in rational financial behavior.
• Create awareness on access to financial services and availability of different banking products and services to the general public
• Motivate people to get accustomed to formal banking practices and help in improving their financial conditions.
• Literate consumers and the general public to understand the rights and responsibilities regarding the use of financial services and products.
• Help financially excluded individuals to comprehend and access financial products and services at affordable costs
• Enhance awareness of the availability of digital financial services and its benefits, impart use and advantages of management of personal finance through budgeting.