ESAF Small Finance Bank Ltd has launched a ‘Rainbow Savings Account’ for the Transgender community. Rainbow Account aims to offer a hosted feature such as high savings rates and advanced debit card facilities. the Reserve Bank of India (RBI) directed all the banks to have a separate column ‘Third Gender’ in all their forms and applications in the year 2015.
Rainbow Savings Account
- The ‘Rainbow Savings Account scheme offers a high-interest rate and advanced debit card facilities.
- The Rainbow Savings Account logo events were conducted and were attended by many Transgenders in Kerala.
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