This Note focuses on comparing informal saving avenues with “Business Correspondent” (BC) services on a variety of attributes. The dimensions for comparison have been derived from respondents’ perception of qualities that should characterise an ideal saving avenue. These primarily include trust, frequency and convenience of small deposits, benefits such as rate of return, ease of withdrawal, security of the deposits, cost incurred, understanding of the procedures for accessing a particular saving avenue, and other product offerings such as credit.

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