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ESAF SFB's "Rainbow Savings Account"

Published on September 08, 2022
Current Context: To promote a trans-friendly and inclusive culture, the ESAF Small Finance Bank (SFB) has launched "Rainbow Savings Account", specifically for the transgender community.
ESAF SFB's "Rainbow Savings Account"
  • The inaugural event was launched by the bank in collaboration with Navodaya Movement.
  • To achieve the goal of financial inclusion of the trans-community, the savings account will have a high rate of interest.
  • It will also have advanced debit card capabilities along with default credit of interest.
  • ESAF is a Small Finance Bank that was established in 2017 with its headquarters in Thrissur, Kerala. The current MD and CEO of the bank are Kedambelil Paul Thomas.


Q.1 The "Rainbow Savings Account" launched by the ESAF-SFB is for?
a. Infants
b. Senior Citizens
c. Transgender Community
d. Divyangs
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