This study examines the status of financial literacy among Scheduled Castes in Chhatrapati Sambhajinagar district.Although the district is historically, culturally, and educationally developed, significant gaps exist in financial awareness,especially among socially and economically weaker sections. The study is based on both primary and secondary data, withprimary data collected from 470 respondents through a structured questionnaire. The findings reveal that while somerespondents have basic knowledge of financial concepts like income planning and expense management, awareness aboutadvanced aspects such as investment, insurance, digital finance, and banking regulations remains limited. A considerableproportion of respondents lack clear understanding of key institutions like the Reserve Bank of India (RBI) and its policies.Many respondents depend on banks and educational institutions for financial information, but a significant number stillremain unaware or rely on informal sources. The study also highlights major challenges such as lack of proper financialeducation, limited access to reliable information, digital illiteracy, and socio-cultural barriers. These factors directly affectfinancial decision-making, savings behavior, and overall economic progress. Based on the findings, the study suggests variousmeasures, including the active involvement of educational institutions, awareness campaigns by banks, use of digital and socialmedia, and coordinated efforts by government and non-government organizations to improve financial literacy. Overall, thestudy concludes that improving financial literacy is essential for enhancing financial inclusion, empowering individuals, andensuring sustainable economic development.