F. I.

FLCCC

FLCCs_Contact Details

SETTING UP OF FINANCIAL LITERACY & CREDIT COUNSELLING CENTRES (FLCCC)

In order to provide free financial literacy /education and credit counselling, RBI had advised Banks to set up FLCCC. The High Level Committee set up by RBI had also reiterated the necessity to cover initiatives under financial literacy and credit counselling while broad basing the Lead Bank scheme. On the basis of the above recommendation, RBI advised Lead Banks to open a Financial Literacy and Credit Counselling Centre (FLCCC) in every district where they have lead responsibility.

The details of allotment and progress made in setting up FLCCCs by Lead Banks are furnished below:

Sl.No.	Name of Lead Bank	Districts Allotted for setting up FLCCCs	Districts where FLCCCs were set up	Pending if any (Nos.)
1	Indian Overseas Bank	Kanyakumari Tiruchirapalli Karur Virudhunagar Tirunelveli Sivaganga Tiruvarur Pudukottai Thanjavur Ramanathapuram Nagapattinam Perambalur The Nilgiris No. of Districts allotted : 12	Kanyakumari Tiruchirapalli Karur Virudhunagar Tirunelveli Sivaganga Tiruvarur Pudukottai Thanjavur Ramanathapuram Nagapattinam Perambalur Kothagiri No. of Districts where FLCCCs set up :13	NIL
Sl.No.	Name of Lead Bank	Districts Allotted for setting up FLCCCs	Districts where FLCCCs were set up	Pending if any (Nos.)
2	Indian Bank	Cuddalore Dharmapuri Kancheepuram Krishnagiri Namakkal Salem Thiruvannamalai Tiruvallur Vellore Villupuram No. of Districts allotted : 10	Cuddalore Dharmapuri Kancheepuram Krishnagiri Namakkal Salem Thiruvannamalai Tiruvallur Vellore Villupuram No. of Districts where FLCCCs set up : 10	NIL
3	Canara Bank	Coimbatore Dindigul Erode Madurai Nilgiris Theni Tiruppur No. of Districts allotted : 7	Coimbatore Dindigul Erode Madurai Nilgiris Theni Tiruppur No. of Districts where FLCCCs set up : 7	NIL
4	State Bank of India	Ariyalur Tuticorin No. of Districts allotted : 2	No. of Districts where FLCCCs set up : NIL	NIL

The following FLCCCs are also functioning in Tamil Nadu :

Sl.No.	Name of FLCC	Sponsoring Bank	Place/District
1	ABHAY	Bank of India	Chennai
2	DISHA	ICICI Bank Ltd	Chennai

It is clarified that any Bank can set up FLCCC anywhere and clearance from the concerned Lead Bank is not a pre-requisite. However, SLBC should be kept informed of all FLCCC opened.