9, Arera Hills, Central Bank of India,
Zonal Office, Bhopal

1800 233 4035


All segments of the society need financial literacy in one form or the other. However, considering that a large segment of our society is financially excluded, financial literacy programs, at present, should primarily focus on the individuals who are vulnerable to persistent downward financial pressures due to lack of understanding in the matters relating to personal finance. Financial inclusion is a key agenda of the Government. If financial inclusion is to be achieved, financial literacy has to be addressed first. It creates demand for financial products & services. It would help banks to capture the untapped business opportunities.

Financial Literacy Centres (FLCs) and rural branches of banks are in forefront of financial literacy. Farmers, micro and small entrepreneurs, schoolchildren, SHGs, senior citizens etc. are target groups. Different stakeholders 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 etc. are adherents. The Financial Literacy Counsellor/Director heading the Financial Literacy Centre is the key stakeholder in driving the financial literacy initiatives at the ground level.

As per census 2011, literacy rate in Madhya Pradesh was 69.32% out of which 78.73% are male literate & 59.24% are female literate.

Total number of Financial Literacy Centres in Madhya Pradesh - 52


Bank No. of FLCC
Central Bank of India 18
State Bank of India 12
Bank of India 10
Punjab National Bank 1
Union Bank of India 1
Indian Bank 1


  • As per directives of DFS, MOF, Govt. of India, one-day workshop for FLC Councilors of M.P is organized at “Central Bank of India Officers Training College, Bhopal” on 02nd April 2016. 48 FLC councilors of the State are participated in the workshop. Representatives from RBI, Bhopal also invited in this workshop.
  • A major thrust has been given to the development of rural sector. TheFLC Councilors and R-SETI Directors have to play a vital role in the development of rural sector by spreading financial literacy and training people in self-employment. It is therefore suggested that whenever district level meetings are held, the FLCC in-charges should also be invited so that during their field movement, they can percolate information to the people.
  • NABARD provides grant to RRBs & Co-operative Banks for setting up FLCC at district level. Regional Rural Banks & Co-operative Banks are requested to inform the progress of such centres to SLBC on monthly basis.

If you have any query ... We are available

Contact us