1580 MGL Disha Project: Financial Literacy for Women

Mumbai, October 2022: The Don Bosco Development Society (DBDS) organized ten Financial Literacy sessions for 310 women under the aegis of MGL Disha Project supported by Mahanagar Gas Limited. The details are as follows:

The resource persons were from the nearest post offices where these sessions were conducted. Resource Persons covered following topics in their session:

  • SB Account

  • Recurring deposit (RD) and Fixed Deposits

  • Monthly Income Scheme(MIS)

  • Senior Citizen Scheme (SCS)

  • India Post Payment Bank

  • Public Provident Fund (PPF)

  • National Saving Certificate (NSC)

  • Kisan Vikas Patra (KVP)

  • Sukanya Samruddhi Yojana

  • Ponzy schemes

310 people participated in these sessions and 129 opened accounts of various saving schemes. These sessions were interactive where the participants asked questions which were answered by the resource person. During the session 14 Saving Bank, 37 Sukanya Samruddhi Yojana, 16 India Post Payment Bank, 2 PMJJY, 3 PMSBY, 24 Public Provident Fund, 3 Recurring Deposit and 29 GAIP accounts were opened.