Economic growth and development of any country depends upon a wellorganisedfinancial system. Financial system comprises, a set of subsystem of financial institution, financial markets, financial instruments,andservices,whichhelptheformationofcapital.Itprovidesamechanismthrough which saving are transformed to investment. For centuries Indiahasbeena“saving”countrythatconventionallyorunconventionallyinvestincashorkind.However,thissavingmaynotbeinformalmanner.Itcouldhavebeeninthehousehold.ThemostpreferredInvestmentAvenueforthepeople of our country from generations are in saving accounts, fixeddeposits,gold and land.Financial literacy and investments from different layers of economy boostupthecountry’seconomicdevelopment.Financialliteracyistheroadmapfor the success of efforts put forward by government for the financialinclusioninthecountry