Financial Literacy Centres

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Details On Financial Literacy Centres (FLCs)

Bank has set up Canara Financial Advisory Trust (CFAT) in 2010 for spreading financial literacy through Financial Literacy Centers.
CFAT is headed by Principle trustee (retired GM of our bank).
Trust is functioning since October 2010.
There are eight trustees in the trust.
FLCs are Managed/ Monitored by the Trust (CFAT).

We are having 115 FLCs across India. As per guidelines FLCs should try to get on board as many stakeholders as possible at the district/ Panchayat / village level viz.,LDM, DDM of NABARD, LDO of RBI, District and local administration, Block level officials, NGOs, SHGs, BCs, Farmers clubs, Panchayats, PACs, village level functionaries during the conduct of the camps.

1. 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.,

2. 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 15 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.

3. State wise number of FLCs:

No. of FLCs
S.No.	State	Canara Bank	Karnataka Grameena Bank
1	Andhra Pradesh	5
2	Bihar	1
3	Delhi	3
4	Haryana	10
5	Karnataka	50	32
6	Kerala	22
7	Lakshadweep	1
8	Tamil Nadu	8
9	Telangana	2
10	Uttar Pradesh	13
TOTAL		115	32

4. Eligibility for counselor:

The FLCs are expected to play a crucial role in assisting and guiding the distressed individual borrowers.

Credit counselors should have sound knowledge of banking, law, finance, requisite communication and team building skills, etc.

Individuals such as retired bank officers, with domain knowledge in agriculture, ex-servicemen, etc. may be engaged as credit counselors.

5. State wise list of FLCs of Canara Bank is mentioned below;

S.No	State	Financial Literacy Centre
1	Andhra Pradesh	Anantapuram
2	Andhra Pradesh	Kadapa
3	Andhra Pradesh	Kurnool
4	Andhra Pradesh	Nellore
5	Andhra Pradesh	Ongole
6	Bihar	Sheikpura
7	Delhi	New Delhi
8	Delhi	West Delhi
9	Delhi	Central Delhi
10	Haryana	Hansi
11	Haryana	Gharunda
12	Haryana	Punhana
13	Haryana	Kanina
14	Haryana	Safidon
15	Haryana	Faridabad
16	Haryana	Farrukhnagar
17	Haryana	Mewat
18	Haryana	Prithla
19	Haryana	Radaur
20	Karnataka	Kolar
21	Karnataka	Chikkaballapur
22	Karnataka	Chitradurga
23	Karnataka	Bangalore Rural
24	Karnataka	Hassan
25	Karnataka	Davangere
26	Karnataka	Bangalore Urban
27	Karnataka	Sira
28	Karnataka	T Narasipura
29	Karnataka	Hubli
30	Karnataka	Hospet
31	Karnataka	Shiggaon
32	Karnataka	Gokak
33	Karnataka	Haliyal
34	Karnataka	Ron
35	Karnataka	Hosanagar
36	Karnataka	Chittapur
37	Karnataka	NRpura
38	Karnataka	Sindhanur
39	Karnataka	Jagalur*
40	Karnataka	Anekal
41	Karnataka	Arsikere
42	Karnataka	Athani
43	Karnataka	Bagalkot
44	Karnataka	Ballari
45	Karnataka	Belagavi
46	Karnataka	Belthangady
47	Karnataka	Bhatkal
48	Karnataka	Byadgi
49	Karnataka	Holalkere
50	Karnataka	Indi
51	Karnataka	Jamakhandi
52	Karnataka	Karkala
53	Karnataka	Karwar
54	Karnataka	Kollegal
55	Karnataka	Kumta
56	Karnataka	Kundapur
57	Karnataka	Kustagi
58	Karnataka	Mangaluru
59	Karnataka	Mundargi
60	Karnataka	Puttur
61	Karnataka	Raibag
62	Karnataka	Ramdurg
63	Karnataka	Sakaleshpura
64	Karnataka	Shikaripura
65	Karnataka	Sirsi
66	Karnataka	Sringeri
67	Karnataka	Sullia
68	Karnataka	Udupi
69	Karnataka	Vijayapura
70	Kerala	Palakkad
71	Kerala	Malappuram
72	Kerala	Thrissur
73	Kerala	Sulthan Batheri
74	Kerala	Balussery
75	Kerala	Kunnamangalam
76	Kerala	Irrity
77	Kerala	Athiyannur
78	Kerala	Ithikara
79	Kerala	Veliyanad
80	Kerala	Madapally
81	Kerala	Pampakuda
82	Kerala	Chowannur
83	Kerala	Attapady (Agali)
84	Kerala	Angamaly
85	Kerala	Thodupuzha
86	Kerala	Kannur
87	Kerala	Kasaragod
88	Kerala	Kodakara
89	Kerala	Perumkadavila
90	Kerala	Uzhavoor
91	Kerala	Vazhakulam
92	Lakshadweep	Kavaratti
93	Tamil Nadu	Dindigul
94	Tamil Nadu	Erode
95	Tamil Nadu	Madurai
96	Tamil Nadu	Theni
97	Tamil Nadu	Tiruppur
98	Tamil Nadu	Coimbatore
99	Tamil Nadu	Nilgiris
100	Tamil Nadu	Pudukottai
101	Telangana	Medchal
102	Telangana	Yadadri
103	Uttar Pradesh	Agra
104	Uttar Pradesh	Aligarh
105	Uttar Pradesh	Etah
106	Uttar Pradesh	Kanshiramnagar (Kasganj)
107	Uttar Pradesh	Mahamayanagar (Hathras)
108	Uttar Pradesh	Amroha
109	Uttar Pradesh	Baghpat
110	Uttar Pradesh	G B Nagar
111	Uttar Pradesh	Ghaziabad
112	Uttar Pradesh	Hapur
113	Uttar Pradesh	Mathura
114	Uttar Pradesh	Meerut
115	Uttar Pradesh	Moradabad