‘Pahel’ delivers banking services at an affordable cost ('no frills' accounts,) to the vast sections of disadvantaged and low income group with a focus on unrestrained access to public goods and services which is the sine quanon of an open and efficient society. As banking services are in the nature of public good it is essential that availability of banking and payment services the entire population without discrimination.
Simultaneously, 'Financial Literacy' is the ability to understand how money works in the world; how someone manages to earn or make it, how that person manages it, how he/she invests it (turn it into more) and how that person donates it to help others. More specifically, it refers to the set of skills and knowledge that allows an individual to make informed and effective decisions with all of their financial resources. Keeping the core values of 'financial literacy' intact 'Pahel' keeps organizing training sessions and orientation meets within rural communities to enhance their cumulative knowledge and understanding of savings and income generation.