Financial Literacy Course PDF

# Financial Literacy ## Course Content/Syllabus | **Course Contents** | **Weightage of the Syllabes** | |---|---| | Module 1: Introduction to Financial Literacy | 5% | | Module 2: Banking-Related Products | 30% | | Module 3: Various Savings and Investment Options | 15% | | Module 4: Insurance, Pen...

# Financial Literacy ## Course Content/Syllabus | **Course Contents** | **Weightage of the Syllabes** | |---|---| | Module 1: Introduction to Financial Literacy | 5% | | Module 2: Banking-Related Products | 30% | | Module 3: Various Savings and Investment Options | 15% | | Module 4: Insurance, Pension, Housing Services | 30% | | Module 5: Skill Development & Entrepreneurship | 20% | ### Module 1: Introduction to Financial Literacy * **Descriptors/Topics** * Need for Financial Literacy for financial freedom and in achieving financial well-being. * Need for and importance of savings, investments, and wealth creation. * Financial Concepts-Time value of money, Power of compounding, risk * Economic Concept: effect of Inflation, nominal and real returns, taxes ### Module 2: Banking-Related Products * **Descriptors/Topics** * Types of bank accounts: Savings account, Current account, Pradhan Mantri Jan Dhan Yojana (PMJDY) * Various modes of transfer through banking channel: UPI. * Account opening process- Importance of Know Your Customer (KYC) norms, Passbook, Chequebook, Adhaar card. * Digitization of financial transactions: Debit Cards (ATM Cards), digital wallet Paytm, UPI-Phone Pay, Google Pay ### Module 3: Various Savings and Investment Options * **Descriptors/Topics** * Savings through Banks-Time deposits (FDs), Recurring deposits (RDS) * Post office Savings Schemes- Savings account, Recurring deposit, Term Deposit, Sukanya Samriddhi Yojana for girl child. ### Module 4: Insurance, Pension, Housing Services * **Descriptors/Topics** * Importance of Insurance protection * Health Insurance- Ayushman Bharat * Postal Life Insurance Schemes of Government of India-Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY) * Pension schemes of Government of India-Atal Pension Yojana (APY) * Housing Loans - Pradhan Mantri Awas Yojana ### Module 5: Skill Development & Entrepreneurship * **Descriptors/Topics** * Concept of empowerment-job seeker vs job creator * Government Initiatives/Schemes for Skill Development- Pradhan Mantri Kaushal Vikas Yojana for Technical Institutes (PMKVY-TI) * Financial Assistance schemes of Government of India- Pradhan Mantri Mudra Yojana, Stand Up India Scheme ## Pedagogy This course will be delivered through lectures, guest sessions, interactions, case studies, and videos supported with practical examples from the current business environment. ## List of Skill Development Activities 1. Visit a nationalized bank near your area and collect information about different accounts and services offered by the bank. 2. Visit a post office in your area and collect information about various deposit schemes available. 3. Collect an account opening form from a nationalized bank and fill up the form with the necessary enclosures. 4. Collect an account opening form from a post office and fill out the form.