Description

SYLLABUS

MODULE – I:

(1)     Financial Products:

• Introduction to Saving, Management of Spending and Financial Discipline, Banking Products and Services, 5Cs for Credit: (Character, Capacity, Collateral, Capital and Conditions), Credit Information Organizations and Credit Score.
• Investment Opportunity and Financial Products, Insurance: Life and Non-Life Insurance including Medical Insurance Scheme. Power of Compounding and Rule of 72 Concept of Risk and Return National Pension System and Retirement Planning Estate Planning, Importance of Nomination, Will and Power of Attorney.

(2)     Financial Planning and Management:

• Financial Planning, SMART Financial Goals, Budgeting, Introduction to Basic Tax Structure in India, Aspects of Personal Tax Planning (Exemptions and Deductions for Individuals) e-filing, Digitalization of Financial Transactions: Debit Cards, Credit Cards, Net Banking; UPI, Digital Wallets, and Digital Currency.
• Financial Frauds: Investment Frauds, Lottery Frauds, Marketing Frauds, Credit Card Frauds Government Scheme for Various Savings, Investment Options, Case Studies on Financial Frauds in India.

 

MODULE – II:

(3)     Financial Services from Post Office and Insurance Services:

• Post Office Savings Schemes: Savings Account – Recurring Deposit – Term Deposit – Monthly Income Scheme – Kissan Vikas Patra – NSC – PPF – Senior Citizen Savings Scheme – Sukanya Samriddhi Yojana/Account – Indian Post Payments Bank – Money Transfer – Money Order.
• Insurance Services: Life Insurance – Life Insurance Policies – Term Insurance and Endowment Policies – Pension Policies – Health Insurance Plans – ULIP – Property Insurance – General Insurance – Types, Postal Life Insurance Schemes – Housing Loans – Institutions providing Housing Loans, Pradhan Mantri Awas Yojana: Rural and Urban.

(4)     Personal Tax & Valuation:

• Introduction to Basic Tax Structure in India for Personal Taxation, Aspects of Personal Tax Planning, Exemptions and Deductions for Individuals, e-filing.
• Time Value of Money, Present Value, Internal Rate of Return, Bonds Returns, Returns from Stocks, Annuity Techniques of Discounting.