SEED Financial Services

SEED Financial Services
General Information
Name of BC Company	SEED Financial Services
States of Operations	Andhra Pradesh, Assam, Bihar, Chhattisgarh, Delhi NCR, Goa, Gujarat, Haryana, J&K, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Orissa, Punjab, Rajasthan, Tamil Nadu, Uttar Pradesh, West Bengal
Banking Partners	Indian Bank, State Bank of Hyderabad, Punjab National Bank, ICICI, Union Bank of India, State Bank of India, State Bank of Patiala, Federal Bank of India, Bank of India, Central Bank of India, State Bank of Bikaner & Jaipur Bank, Aryavrat Grameen Bank, Bank of Baroda, IDBI Bank, Dena Bank, UCO Bank,   Marwar Grameen Bank, State Bank of Mysore, Deccan Grameen Bank
Technology Partner	Tata Consultancy Services, Coromandel Infotech
Year Established	2006
Overview
Leveraging its strong grass-root level understanding and diverse outreach, SEED is currently assisting the Indian Banking Fraternity towards the shared agenda of including the isolated by reaching out to the under-banked and unbanked communities. Partnering with leading public sector private banks of the country as their Business Correspondent, SEED is conclusively supporting Government of India’s ambitious Financial Inclusion program to mainstream the target communities with the formal financial system and subsequently provide avenues to help them to participate in the development process of the nation.
Mode of Operations
1.  To provide a range of financial services to the costumers at very reasonable cost including saving, credit, insurance, money transfer and remittance. 2.  Financial and institutional sustainability as a mean of providing access to financial services overtime. 3.  Multiple provider of financial services wherever feasible so as to bring cost effective and wide variety of alternative to costumers.
Product Offered
A) Savings: 1. Name of the Product: No frills Savings Account 2. Outreach: 1.8 million customers all over India 3.Key Features: It is no frills zero balance account designed to mainstream the unbanked customer and increase the outreach of the banking industry to the last mile customer B) Insurance: 1. Name of Product: Life Insurance 2. Outreach: 1000 3.Key Features: It is a hybrid product with a combination of Savings and Risk with low premium, specially designed for the rural customer. C) Pensions: 1. Name of Product: Swavalamban scheme 2. Outreach: 500 3.Key Features: It is PFRDA product under which small/regular savings upto Rs.1000 attracts an equal contribution from the Government which after a specifc period of time culminates into a pension account.
Contact Details
Email	contact@seed.net.in
Website	http://www.seed.net.in/
Fax	91-3862-224635
Telephone	91-3862-224635
Office Address	1st Floor, Opp. Ana-Ki building Near Tata Parking Dimapur - 797112 Nagaland (India)
Contact Person	Anirban Roy
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