admin July 12, 2019 No Comments

Release of Annual Report of Jnana Jyothi Financial Literacy & Credit Counselling Trust for the year 2018-19

The Annual Report of Jnana Jyothi Financial Literacy & Credit Counselling Trust (Regd.), sponsored by Syndicate Bank for the financial year 2018-19 has been released by Sri Mrutyunjay Mahapatra, Managing Director & Chief Executive Officer of Syndicate Bank on 28.06.2019 at Trust’s Registered Office, Manipal. He has appreciated the performance and activities of the Trust and wished the Trust good luck.

On this occasion, Managing Trustee of the Trust Sri I N Raghavendra Bhat, Syndicate Bank’s Executive Directors Sri S Krishnan, Sri Ajay K Khurana & Sri Y Nageswara Rao and Directors Sri Jayant P Ghokale, Sri Sunil Vashisht, General Managers Sri C B L Narasimha Rao, Sri T Manivannan, Sri Daljit Singh Bedi, Trustee Sri N Jagathpala, Secretary K Raviraja and other Officers & staff were present.

Success Story – Jnana Jyothi FLC, Savanur

April 30, 2019 No Comments

Jnana Jyothi FLC, Savanur conducted FLAP at Kalival Village. They explained to the participants on Social security schemes such as PMJJBY, PMSBY, APY & Sukanya Samruddhi Scheme. Inspired by the literacy programme, Smt. Mahadevi Krishnappa Koradur insured under PMJJBY at Karnataka Vikas Grameena, Kadakol Branch. She expired on 02.11.2017. Her father Sri Krishnappa Koradur requested the Counsellors of JJFLC, Savanur to help them to get insurance benefit. The Counsellors collected the necessary documents and submitted to KVG Bank, Kadakol. In view of the continuous efforts of Sri Sukhadev B Mattur, Sr. Counsellor and Sri Harisha Hiralli, Jr. Counsellor, the nominee Kum. Ranjita R Koradur, D/o late Mahadevi could get the insurance amount of `2 lakh on 01.01.2019. The family members of late Mahadevi conveyed their gratitude to the Counsellors for their efforts.


Success Story – Jnana Jyothi FLC, Mundgod

April 30, 2019 No Comments

Karnataka Vikas Grameena Bank and Jnana Jyothi Financial Literacy Centre, Mundgod have jointly organized economic literacy programme in a village under Hunagunda KVG Bank Branch. The advantages of the schemes like PMJJBY, PMSBY, APY etc. were informed to the people gathered. Because of the awareness programme many have started using the schemes.

Sri Basavaraj Gangadhar Bendigeri was one of the customers of the Bank. He paid every year an amount of `12/- under PMSBY Scheme. He passed away recently. The same was reported to the Bank by his relatives. The relevant documents of the hospital were also submitted to the Bank. The same has been verified by the Bank and the insurance amount of `2 Lakh paid to the nominee Mrs. Tippavva Bendigeri, wife of late Basavaraj Bendigeri.

This particular customer has been a role model for many other people. The benefit was available to the family of late Basavaraj Bendigeri since the information regarding PMSBY scheme was conveyed effectively to him and his family members by Sri Manjunath V Kulkarni, Senior Counsellor, Jnana Jyothi FLC, Mundgod.

Date: 12.03.2019


April 30, 2019 No Comments

Mr. Chandranaik of Kudineerukatte Lambanihalli was having SB a/c with Canara Bank. He subscribed to Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) during the year 2015 paying `330/- and renewed it in May 2016. Unfortunately in November 2016 he died of heart attack. His wife Mrs. Parvathibai approached Canara Bank and requested to give her the Insurance benefit. However, in spite of submitting all required documents, Bank did not settle her claim.

In August 2018, the Counsellor of Jnana Jyothi FLC, Holalkere conducted a financial literacy awareness session for BA students in the First Grade College, Holalkere. Sri Srinivas, son of late Chandranaik, was one of the students attended the session. After the programme, he approached the Counsellors of the FLC and informed about non-availability of his father’s PMJJBY insurance benefit. After verifying the pass-book that the premium amount was deducted in the year Sri Chandranaik expired, the Counsellors took up the matter with the Lead District Manager of Chitradurga. As per LDM’s direction, the Counsellors arranged to re-submit all relevant documents pertaining to late Chandranaik to Canara Bank branch and requested them to settle the insurance claim so that the nominee Mrs. Parvathibai, w/o of late Chandranaik gets the benefit.

Due to the efforts of the Counsellors of Jnana Jyothi FLC, Holalkere, Smt. Parvathibai, nominee of late Chandranaik received the insurance benefit of `2.00 Lakh in February 2019. Mrs. Parvathibai and Sri Srinivas thanked the Counsellors for their efforts in this regard.

adminjj January 2, 2019 No Comments

Coverage of Arecanut tree climbers under PMSBY

Sringeri Taluk is a small one consisting of 9 Panchayats and 45 villages. Main activity is agriculture. Arecanut is the main crop of this area. This area is called malenadu area.

Arecanut trees grow up to 60 feet in length. Before monsoon starts, bordo mixture is sprayed on the crop to protect it from diseases. Crop picking starts from October. For spraying and picking, manual labour is required. A section of agriculture labourers are skilled in this job. They are paid a little bit higher wages. In the recent past a disease called yellow disease attacked the arecanut trees throughout malnad area, specially Sringeri region. Once the disease is attacked, the arecanut trees will become weak and the work of climbers is highly dangerous. Many of them lost their life or became partial handicap. On an average 10 to 12 persons are meeting with accident and death annually. We have observed that except MAMCOS, a society, no other institutions are taking care of arecanut tree climbers. Several attempts made to assemble these persons were failed due to the objections of the farmers, because if climbers are gathered at one place, they may raise the daily batta. Hence they prevent the arecanut tree climbers to assemble.

The Counsellors of Jnana Jyothi Financial Literacy Centre, Sringeri could collect phone numbers of 174 arecanut tree climbers so far and able to cover them under Pradhan Mantri Suraksha Bima Yojana individually.

Family members and social leaders are appreciating the work of JJFLC, Sringeri in this regard. In the recent financial literacy awareness programme, Sri D K Suresh, President of Addagadde village Panchayat has opined that all the villagers have to be covered under this scheme. He assured his co-operation in this regard. Efforts to cover all the villagers under PMSBY are going on specially with the co-operation of Syndicate Bank branches in this area.

adminjj January 2, 2019 No Comments

Success story of Sri Sagar Hullukatte due to his visit to Jnana Jyothi Financial Literacy Centre, Tiptur

Tiptur JJFLC had conducted a financial literacy programme at Hullukatte village. Sri Sagar is one of the participants. Sri Vivek, Jr. Counsellor of Tiptur Centre explained about various loan facilities in Banks and also availability of subsidy from Government Departments. After a week of this programme, Sri Sagar visited Tiptur Centre and got further information on various activities and about subsidy from small industries. Then he decided to establish Vehicle Water Service Station.

Sri Sagar is a son of farmer. He faced financial difficulty to open the Serve Station. He again visited Tiptur JJFLC and obtained information on different loans from Banks. He tried loan with a few Banks and finally got loan of Rs.5.00 lakh from Syndicate Bank, Eachanoor Branch. To this loan amount he added capital of Rs.4.2 lakh and started Vehicle Water Service Station.

Now his business is doing well. He is paying the loan instalments promptly. In a few days he is getting subsidy from Small Industries Department. He is also making payments of his father’s agriculture loan.

He and his family happily informing that because of the help of Syndicate Bank and advice of Jnana Jyothi Financial Literacy Centre, Tiptur, their financial condition has improved and their future has become bright.

His address:

Sri Sagar
Bin Paramashivayya
Eachanoor Post, Tiptur
Ph: 9535534416




adminjj January 2, 2019 No Comments

Success story of Smt Shankaramma due to her visit to Jnana Jyothi Financial Literacy Centre, Tiptur

This is the success story of Shankaramma due to her visit to Jnana Jyothi Financial Literacy Centre, Tiptur.

One day Smt. Shankaramma, w/o Sri Somashekar G Kalkere, Halepalya Post visited our Tiptur Centre along with a list of loans she borrowed from various sources. Literarily crying she told that it is impossible to clear loans or face the persons who lent her in her needy time. Hence she wants to commit suicide so that the amount being received from office and LIC may help her family (husband, mother-in-law and two kids). Mrs. P Rekha, Sr. Counsellor made her to sit, offered a glass of water and then asked her to explain her problem.

Smt. Shankaramma (ITI passed, worked in Bengaluru for a few months) is living with her family. Her husband is working on a power loom for his owner earning about Rs.5000-Rs.6000 per month. They have been allotted a plot from Municipal Office, where they began to construct a house. During that time she sold all her gold. Before completion of the house, her father-in-law got admitted to hospital for cancer treatment. She started borrowing from all sources including moneylenders and credit co-op society at interest rate from 2% to 5% per month. Her father-in-law breathed his last. She was left with an unfinished house and Rs.5 lakh loan on the family. Added to this, her husband got problem in his nose and doctor suggested operation costing Rs.25 to Rs.30 thousand. Her piles problem also increased. At this juncture she approached JJFLC at Tiptur.

As the Counsellor silently listened to her problem, Shankaramma got her confidence back. Then first thing the Counsellor did was got their family covered by (Rashtriya Swasthya Bima Yojana (RSBY), by which her husband got free operation and became fit to work. Then her kids got admitted to Morarji Desai Residential School. Away from family problems, she could give more time to do her tailoring and tuition work adding Rs.5-6 thousand extra earning.

Then through Pradhan Mantri Awas Yojana loan from Pragathi Krishna Grameena Bank, she got Rs.2.00 lakh loan sanctioned with a repayment holiday period, giving her opportunity to repay the hand loans got from moneylender and other sources. She completed her house.

Meanwhile, she got a job at Anganwadi at Edenahalli. Now the family is planning to have their own power loom. They are now living happily with mother-in-law Smt. Savithramma, husband Sri Somashekhar, daughter Gayathri (10th standard) & son Punith Kumar (7th std). Both the children are good at studies and extra-curricular activities. Son is qualified for district level competition this year.

Now she feels happy that her visit to Jnana Jyothi Financial Literacy Center helped her to come out of her problems. She is now advising everyone to have insurance for family, save for emergency situation and to avail loan from Bank only. She also sends needy persons to JJFLC for obtaining financial literacy details like knowing about deposit schemes, Scholarship schemes for students, Government schemes etc.

Her address:

Smt. Shankaramma H.N.

Anganwadi Worker


Contact Number: 9164134718

adminjj January 2, 2019 No Comments

Success story of Mrs. Nalina Ravish in view of her visit to Jnana Jyothi Financial Literacy Centre, Tiptur

This is the story of udyogini beneficiary due to the efforts of Jnana Jyothi Financial Literacy Centre, Tiptur.

The family of Mrs. Nalina Ravish from S. Lakkihalli consists of 5 members with a small piece of land and a flour mill. She has to feed her parents, wife and daughter who was in 10th standard. Because of drought in this area they could not grow anything in the land and were in financial problems. In the meantime, she attended a Financial literacy camp conducted at S. Lakkihalli. Actually the camp was done on social benefit schemes. More than 70% were covered under PMSBY and PMJJBY in the village ( with the help of SBI BC).

In the 2nd programme conducted for Self help group, the participants were explained about income generating activities and loans available under different schemes including OD facility in PMJDY A/c, Udyogini, CMEGP,PMEGP etc. A few examples of income generating activities were also explained along with success stories, video on various SHGs.

As dairy activity is one of the main occupations in this area, Counsellor asked them to start any activity supporting dairy unit. Mrs. Nalini Ravish accepted our suggestion and wish to start a Cow feed unit. As they were having one flour mill, by getting Udyogini loan through Corporation Bank, they started Cow feed unit by adding a cleaning mill, sealing machine, weighing machine and one more flour mill exclusively for cow feed making. Along with udyogini loan, she had a working capital loan also for purchase of maize, wheat, paddy etc., essential for cow feed.

Now she has cleared 40% of loan, and her daughter is studying Paramedical course in Bengaluru. Mrs. Nalina Ravish expressed her thanks to Jnana Jyothi Financial Literacy Centre and Corporation Bank for the timely advice/help.

adminjj October 12, 2018 No Comments

Felicitation to Sri Amit Chaturvedi, Senior Counsellor, Mathura JJFLC on 02.10.2018

On the occasion of 150th Birthday of Mahatma Gandhiji on 2nd October 2018, Nehru Yuva Kendra, Mathura felicitated Sri Amit Chaturvedi, Senior Counsellor of Jnana Jyothi Financial Literacy Centre, Mathura by giving an Award for his outstanding service in spreading financial literacy to rural people and educating them on various social security schemes of Government. The award was handed over to Sri Amit Chaturvedi by Sri Nihal Singh, District Co-ordinator of Nehru Yuva Kendra (Ministry of Youth Affairs & Sports, Government of India).