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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.

 



Along with Commonwealth Inclusive Growth Services Ltd., (CIGS) previously know as Commonwealth Micro Finance (India) Ltd. (CMFIL), as the technology partner, CIGF would be able to deploy the Commonwealth Financial Inclusion Card Solution to the unbanked or under-banked population of India and include them into the formal banking channel in India.

CIGF has formed transparent business processes to enroll Business Correspondents, as per the criteria set by the Reserve Bank of India, on behalf of the Banks. The team of CIGF works to ensure all financial services are rendered by the Business Correspondents in a cost-effective and efficient manner with reasonable charges to the Commonwealth FI cardholders.