This research paper is concentrated on probing into the financial awareness levels of respondents working with the railways sector in the region of Jharkhand, who have the intent to invest in various investment products and simultaneously assess their investment capacity as per their understanding pertaining to the altered market situations. Methodology: Regression Analysis test was undertaken and SPSS software was used for data analysis. Level of financial awareness was used as independent variable and investment capacity was taken as the dependent variable. Stratified sampling method of data collection was chosen and total 385 samples from East and West Singhbhum region of Jharkhand were considered for the study. Findings: The proposed research paper was undertaken with the objective to appraise the effect of financial awareness level of the railway employees working in the Jharkhand region and their capacity to invest in different financial instruments. An experimental study was administered and upon final observation it was instituted that the analysis did not directly bring out any conclusion pertaining to the respondents’ investment capacity but emphasized on the need of financial awareness and decision-making in shaping up their overall investment preferences. Practical Implications: It was gauged and iterated that the financial awareness level of an investor is an important indicator and a guiding force to investors in various market situations thereby enabling them to make investment decisions in a sensible manner. Investors are required to be educated, rational and not too judgmental, act as per their own intuitions to exhibit apt investment behaviour and focus on returns maximization. Originality: As per the literature review, the study vested to assess the investor’s behaviour in the financial markets and their investment capacity in various available investment options.