Micro Savings
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Micro Savings
Recognising the need for easy savings facilities for its low-income customers, ICICI Bank has pioneered the launch of micro-savings products under its 'Business Correspondent' model. ICICI Bank has partnered with NGOs, Societies, and Trusts - its 'business correspondents' - to deliver savings services to its low-income customers.
The micro-savings product provides the customer with access to a savings account with convenient features. The product combines security, convenience (proximity, convenient opening times and minimal paperwork), appropriate design (frequent deposits, small variable amounts and quick access) and positive returns.



