In an effort to promote financial literacy and strengthen the capacity of Self-Help Group (SHG) members under the DAY-NRLM programme, the State Bank of India (SBI) and Rural Self Employment Training Institute (RSETI), Sri Vijaya Puram, conducted a series of awareness sessions in collaboration with the Directorate of Rural Development, PRIs & ULBs.
The sessions were part of the ongoing orientation and assessment programme for DAY-NRLM staff and SHG community cadres at Marine Hill. Conducted in four batches, the modules covered topics such as savings, debt management, investment, and financial planning.
Participants were also introduced to various government-linked financial products, including Pradhan Mantri Jeevan Jyoti Bima Yojana, Pradhan Mantri Suraksha Bima Yojana, and Atal Pension Yojana, along with detailed application procedures. Officials also addressed practical queries regarding bank account opening, loan processing, and claim settlements for insurance and pension schemes.
SHG members raised concerns about delays in credit linkage and were guided on proper application documentation to ease loan access. SBI officials responded to individual queries and encouraged wider participation in formal banking and social security networks.
The Director of RSETI urged participants to take advantage of the training facilities available through the institute. He added that RSETI offers a variety of skill-building courses and helps trained SHG members secure bank linkages to start small businesses.
SBI officials assured that similar financial literacy camps will be held regularly at Block and Gram Panchayat levels to enhance awareness of economic opportunities and support sustainable livelihoods in rural areas.
