Our mission is to make savers & investors financially aware, empower consumers to fight for their rights and citizens to think and act responsibly. We want be the voice to those of us who work hard, earn, save but don t have a say in the decisions that affect us, because we are neither a vote bank nor part of any vested interests.

Founders & Trustees

Our Work

Our work encompasses the following areas:

1. Awareness Sessions: We spread financial literacy and awareness about the rights of consumers and citizens through workshops, lectures, articles and awareness campaigns. We have conducted sessions on banking, aadhaar, real estate, consumer awareness, right to information, food & health, senior citizens issues, taxation and documentation, and many others.

2. Daily Counselling Sessions: As direct solutions to the problems that savers, consumers and citizens face, we guide them through one-on-one counselling.

3. RTI Centre: We run a Right to Information Centre that was launched in September 2017 to create awareness on the Right to Information Act. More about it, below.

4. Research Projects: We take up specific issues that affect a large number of people look influence policy changes through in-depth research and recommendations that can benefit a large section of the population whose voice today does not reach the policymakers. We published research reports on Retirement Homes in India and on Reverse Mortgage Loans in India.

5. Representations: We advocate for safe and fair market practices through workshops, round table meetings, research and memorandums. Here are some of our important representations:
- Letter of Suggestions on improving BEST
- Memorandum to RBI on Bank ATM Charges
- Senior Citizens Issues
- Memorandum on Improving Mumbai Suburban Rail Network
- Memorandum on excess interest charged by banks under base rate and MCLR regime
- Letter to IRDA on fraud selling of Life Insurance products by Reliance Life and Bharti Axa Life

6. Legal Action: At times, we have also filed public interest litigations (PILs) on matters that have affected our members and have taken it up with the Supreme Court. Our recent PILs have been on LIC s Jeevan Saral and egregious bank charges that consumers are paying.

The foundation has set up Moneylife Knowledge Centre, a lecture hall and reading room with more than a thousand books on business, economics and finance. Although among the smallest, Moneylife is the only media company to have taken this kind of non-profit initiative.

RTI Centre

The Right to Information (RTI) Centre was launched in September 2017 with generous support from Mr Dinesh Thakur (Whistleblower of Ranbaxy s practices). The Centre s aim is to spread the awareness on Right to Information (RTI) Act and to bring about more transparency and accountability in governance. The RTI Centre conducts seminars, workshops, events and programmes in colleges, institutes in and around Mumbai and Pune for spreading awareness about the Act. Besides this, it also conducts special workshops for the Public Information Officers (PIOs) on RTI. The programmes are conducted by eminent RTI experts such as Central Information Commissioner (CIC) Mr Shailesh Gandhi, Mr Vijay Kumbhar, Mr Anil Galgali, Ms Vinita Deshmukh and others. The centre also runs a guidance clinic every Wednesday to help in resolving queries of people and on-spot filing of RTI applications.




Moneylife Foundation was set up in 2010 with the realisation that consumers, savers, investors or essentially tax-paying middle class Indians, need advocacy, counselling, and sometimes litigation to make their voices heard. As part of this effort, over the years Moneylife Foundation has submitted over 50 Memorandums & Representations.

Such representations on behalf of concerned citizens and consumers have been covered topics such as financial concerns of senior citizens, nefarious MLM schemes, Life & Health insurance, mis-selling by banks, ATM charges, LIC Jeevan Saral, reckless lending by mutual funds and more.


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