Description
Invest India Micro Pension Services Private Limited educates, encourages, and enables low income informal sector workers to accumulate micro-savings for their old age. The company develops a Micro Pension model and a technology-led platform that delivers non-credit financial services to the working poor, including pension and micro-insurance products through independent contract agreements in collaboration with national and regional banks, microfinance institutions, employers, self-help groups, NGOs, cooperatives, and worker associations and unions. It develops a field-tested financial literacy strategy and a retirement literacy toolkit to inform and educate farmers, head-loaders, small shopkeepers, daily wage earners, street venders, rickshaw pullers, and domestic workers about pensions, savings, and insurance concepts and products. The company also provides financial solutions, including long-term retirement savings, micro mutual funds, micro-insurance, and new financial and risk management solutions; micro-payment solutions for banking customers of partner banks, unbanked rural and urban poor, and other low income workers with bank accounts; and policy advisory and consulting services. In addition, it develops sCube, a Web-based micro-pension transactional and administrative IT platform for real-time electronic transactions reconciliation and processing with financial product providers and payment solutions partners. The company serves urban and rural low income individuals in India. Invest India Micro Pension Services Private Limited has strategic partnerships with MicroSave, Accion Technical Advisors India, and Invest India Economic Foundation. The company was founded in 2006 and is based in Noida, India.
Corporate Address
D26 Sector 3 Noida, 201 301 India
India
91 12 0466 3900
Tags:
Banking Institutions, Banking Products and Services, Banking Consulting, Private Banking, Banking Sectors, Bank Group, Savings Bank, Bank Management, Development Bank, Investment Banking Services, Banking Insurance, Banking Financial Services