kudumbashree logo

Financial Literacy Campaign

Kudumbashree programs cover 41 Lakhs families organized under 2.59 Lakhs NHGs through 1071 CDSs. All NHGs have bank accounts through which members of NHGs have access to savings and credit services of banks. The NHG is acting as intermediary between banks and ultimate beneficiary. At NHG level, it is observed that there is lack of knowledge about banking procedures, misconceptions regarding interest rates and lack of awareness about banking ombudsmen and so on . Kudumbashree has chalked out a comprehensive Financial Literacy Campaign in order to provide a platform for NHGs to be aware of and benefit from formal banking services.



Now there are annual financial literacy programs of various kinds to address both NHG members and Balsabha Children.