Commonwealth Inclusive
Growth Foundation
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General Information
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Name of BC Company
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Commonwealth Inclusive
Growth Foundation(CIGF)
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States of Operations
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Tamil Nadu, Karnataka
(Proposed to commence), Andhra Pradesh (Proposed to commence)
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Banking Partners
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(In Tamil Nadu - ICICI
Bank, Indian Bank, Lakshmi Vilas Bank)
(In Karnataka - Indian Bank)
(In Andhra Pradesh - Indian Bank)
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Technology Partner
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CIGS; TCS; Atom
Technologies
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Year Established
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2009
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Overview
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Commonwealth Inclusive Growth Foundation (CIGF) is a Section
25 Company and it is a non-profit Organization. CIGF will engage Business Correspondents
(BC) for ‘last-mile’ delivery of financial Services like micro-finance,
savings and other financial services, through the Commonwealth Financial
Inclusion Card Solution on behalf of banks in India.
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Mode of Operations
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1) Name of the Product: Financial Inclusion
2) Category of Product: Savings, Remittance, Insurance
3) Outreach (Number of Clients): ~
50,000 customers
4) Key Feature and Benefits of the Product:
The Financial Inclusion Solution of CIGS, one of the TSP Partners of CIGF, is
Inter- operable, across the BC Agents of the same bank as well as other
banks. Further, a host of Delivery Channels, like, EDC Machines,
ATM, Mobile, IVR, Internet Banking, etc., could be enabled, to give the
customers a wide variety of choices & convenience.
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Product Offered
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Currently, customers would be able to get the services from
any of CIGF’s BC Agents of the
Partner Bank. As and when FI Inter-operability gets regulatory approval,
these customers would be able to avail of the FI services from any of the BC
Agents / CSPs. Inter-operability, besides improving the customer service, also
improves the chances of BC viability. Similarly, as and when the Partner Bank
and regulatory mandate is in place, the FI customers would be able to enjoy
the benefit of accessing multiple Delivery Channels, like, ATM, Mobile
Banking, etc.
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Contact Details
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Email
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Website
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Fax
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91-44-2372 0161
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Telephone
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91-44-3098 9999
91-44-2372 0160 |
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Postal Address
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#27, Dr. Ambedkar Road
Kodambakkam Chennai – 600 024 Tamil Nadu, India
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Contact Person
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Mr. Mahesh Ramachandran
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GDATA DATABASE
Monday, March 9, 2015
Commonwealth Inclusive Growth Foundation
Labels:
BANK MITRA,
Bank of Barosda Kiosk Banking,
Bank of India Kiosk Banking,
BC AGENT,
BOB,
BOI,
BUSINESS CORRESPONDENCE,
Career as Bank Mitra,
Category C,
Central Bank Kiosk Banking,
Central Bank of India,
Financial Inclusion,
job at bank mitra,
Kiosk Banking,
No Frill Account,
PMJDY,
SBI,
SBI Kiosk Banking,
Union Bank Kiosk Banking,
Vijaya Bank
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