CFA Society India

A Member of the CFA Institute Global Network of Societies

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CFA Society India and NSDL jointly bring financial literacy and awareness to communities
in Maharashtra, Gujarat, Rajasthan and Madhya Pradesh.

Our Mission:

The Research & Advocacy committee of CFA Society India has embarked on an ambitious outreach program as part of the CFA Institute’s mission to be of “ultimate benefit to society.” As part of this endeavor, CFA Society India is flagging off a cycle tour with 15 volunteer cyclists including women, simultaneously from Mumbai, the financial capital and Delhi, the political capital, in an effort to spread financial awareness amongst the general populace.

The distance from Mumbai and Delhi to Indore is roughly 1300 Km covering an expanse of the country’s North West corridor; includes 22 halts and over 50 pit stops across the states of Maharashtra, Gujarat, Rajasthan, Haryana and Madhya Pradesh.

At each stopover the CFA Society India will hold community awareness sessions about the various policies that promote thrift as well as educate them on the various measures that the regulators and policy makers have undertaken to create a healthy eco-system for individual savings and investments.

One of the key reasons for embarking on this mission is the growing realization that despite the rise in GDP and the high individual savings rate the level of financial literacy in India is amongst the lowest in the world. Hence our efforts to reach out to this largely under-serviced segment of people complements the efforts of other institutions in the financial services industry.

10 Point Plan For Financial Well Being:

CFA-Society-India---Jan-Nivesh-Abhiyaan01.jpg
   

download001.pngDownload Report


Tentative Cyclists Route & Itinerary:



Mumbai Leg Route Map https://goo.gl/maps/x4tnwzhCLzMgyea49










Day Date From To Activation Stop 01 Activation Stop 02





Location Location Route Link
Day 01 Friday, November 15, 2019 Mumbai Lonavala Panvel Khopoli (ST Stand) https://goo.gl/maps/oQDQnUzJxHxGU1vb9
Day 02 Saturday, November 16, 2019 Lonavala Chakan (Pune) Kamshet Somatane (Dehu Road) https://goo.gl/maps/ev3g4jqHt9raYCYP9
Day 03 Sunday, November 17, 2019 Chakan (Pune) Sangamner Manchar Ale Phata https://goo.gl/maps/FtrqXbzZzS193FtZ9
Day 04 Monday, November 18, 2019 Sangamner Nasik Sinnar NA https://goo.gl/maps/6yypQK3cAoERqgN86
Day 05 Tuesday, November 19, 2019 Nasik Silvassa Panchavati, Nasik Peth Karanjali https://goo.gl/maps/WpRCwQREji5grsNi8
Day 06 Wednesday, November 20, 2019 Silvassa Navsari Valsad Samroli (Chikhli) https://goo.gl/maps/RW5ayFtHL4L1wzFh8
Day 07 Thursday, November 21, 2019 Navsari Bharuch Udhna (Surat) Ankleshwar https://goo.gl/maps/ddv9hStGACYcV8oK9
Day 08 Friday, November 22, 2019 Bharuch Vadodara Palej Karjan https://goo.gl/maps/VpbhbXKDzB6ZD4t49
Day 09 Saturday, November 23, 2019 Vadodara Nadiad Vasad Boriavi https://goo.gl/maps/r5CtU7NiWkSeoK28A
Day 10 Sunday, November 24, 2019 Nadiad Ahmedabad Sandhana Jetalpur https://goo.gl/maps/2hZPfkDeJY3tu7kW9

















Gurugram Leg Route Map https://goo.gl/maps/ZoY4H3shHRnmEDBt7










Day Date From To Activation Stop 01 Activation Stop 02





Location Location Route Link
Day 01 Friday, November 15, 2019 Gurugram Behror Dharuhera Shahjahanpur https://goo.gl/maps/Gdiay9tJjkg5kDBXA
Day 02 Saturday, November 16, 2019 Behror Jaipur Kotputli Shahpura https://goo.gl/maps/SThLxLbpxqbvRxet5
Day 03 Sunday, November 17, 2019 Jaipur Kishangarh Dudu Tolamal (Ajmer Road) https://goo.gl/maps/4RGHUnnKcUh8f1pR7
Day 04 Monday, November 18, 2019 Kishangarh Beawar Makhupura Kharwa https://goo.gl/maps/5iTA5xh2ZXUbuCAF9
Day 05 Tuesday, November 19, 2019 Beawar Pali Sojat Jadan https://goo.gl/maps/2vcpGhV7BYWv8nJY8
Day 06 Wednesday, November 20, 2019 Pali Vera Vilpur (Sirohi) NA NA https://goo.gl/maps/SoStpxfoEJqTxviC7
Day 07 Thursday, November 21, 2019 Vera Vilpur (Sirohi) Abu Road Swaroopganj NA https://goo.gl/maps/UC3KbYccuVCRkLpG6
Day 08 Friday, November 22, 2019 Abu Road Sidhpur Palanpur NA https://goo.gl/maps/VWofH9jwG3cQQUbF9
Day 09 Saturday, November 23, 2019 Sidhpur Mehsana NA
https://goo.gl/maps/dwHR3NzPuVMeNr5j7
Day 10 Sunday, November 24, 2019 Mehsana Ahmedabad Kalol NA https://goo.gl/maps/vDXoFDGLqYzStBEt7

















Indore Leg Route Map https://goo.gl/maps/3YghLebTZMKi3sz78










Day Date From To Activation Stop 01 Activation Stop 02





Location Location Route Link
Day 11 Monday, November 25, 2019 Ahmedabad Godhra Pithai Kathlala Godhra https://goo.gl/maps/vzvdKr1zzvpeBeVd6
Day 12 Tuesday, November 26, 2019 Godhra Jhabua Piplod Gelar Kalan https://goo.gl/maps/uF6wHAr49wMoAKLRA
Day 13 Wednesday, November 27, 2019 Jhabua Dhar Rajgarh Tirla https://goo.gl/maps/BF7k2aDgNVTBMkdo8
Day 14 Thursday, November 28, 2019 Dhar Indore Ghatabillod NA https://goo.gl/maps/1doo9uhFGCEmMeQV8

Government Schemes

1). Pradhan Mantri Jan Dhan Yojana (Hindi available; all schemes description Who: 10 years and above, citizen, who does not have a bank account What: Bank account with benefits, Rs 1 lac accident insurance, Direct Benefit Transfer, RuPay Vendor: Public sector banks, most private sector banks too Document: Aadhar card (PAN, Address proof, voter id will do)
For More Information Click Here

2). Pradhan Mantri Jeevan Jyoti Bima Yojana Who: 18-50 years What: Life cover of Rs 2 lac in case of death of insured Premium: Rs 330 per year Vendor: LIC and General insurance companies or public sector insurance companies Document: Savings bank account, bank needs to make form available
For More Information Click Here

3). Pradhan Mantri Suraksha Bima Yojana Who: 18-70 years What: 2 lac Rs accidental death and full disability; 1 lac Rs for partial disability Premium: Rs 12 per year Vendor: General insurance companies or public sector insurance companies Document: Aadhar card
For More Information Click Here

4).Sukanya Samruddhi Yojana Who: Parent or legal guardian of girl child less than 10 years of age. Beneficiary is the girl child. What: Upto 1.5 lac Rs can be deposited in one year. Interest rate set annually. Current interest rate 8.4%. Payoff: after 21 years of lock-in. Procedure: PSU and private banks offer the scheme. Post offices seem to have the forms.

5).Postal savings schemes: Who: Those with a postal savings account What: Highest highly secured interest on deposits, currently, 6.9% annual; national savings schemes: 7.9%. Payoff: After maturity Vendor: Post office Procedure: Have a regular postal account

6).Senior citizen postal savings scheme: Who: Senior citizens (60 years and above) What: 5 years savings, interest rate: 8.6% Vendor: Post office Procedure: Open a postal account
For More Information Click Here

7).Pradhan Mantri Fasal Bima Yojana Who: Farmers growing notified crops What: Protection against yield and or crop losses Vendors: Notified agencies Procedure: Aadhar, need to have crop accounts. Online application.
For More Information Click Here

8).Pradhan Mantri Mudra Yojana Who: Micro and small business entities What: Term loan, overdraft limit, working capital Vendors: Notified organisations Procedure: Apply through Banks, Micro Finance Institutions and Non-Banking Finance Companies
For More Information Click Here


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