Cool Financial Services Limited

It focuses on providing financial solutions to the economically underprivileged. The term is broadly used to describe the provision of savings and loan services to the poor in an inexpensive and easy-to-use form. It aims to ensure that the poor and marginalised make the best use of their money and attain financial education. With advances in financial technology and digital transactions,

Financial inclusion definition

Financial inclusion is the process of ensuring access to financial products and services needed by vulnerable groups at an affordable cost in a transparent manner by institutional players.

Objectives of financial inclusion

. The objectives of financial inclusion are to provide the following
. A basic no-frills banking account for making and receiving payments
. Saving products (including investment and pension)
. Simple credit products and overdrafts linked with no-frills accounts
. Remittance, or money transfer facilities
. Micro insurance (life) and non-micro insurance (life and non-life)
. Micro pension