Don’t use credit cards like this!

Ujjivan Small Finance Bank has started giving 7% interest on saving accounts to economically active women.

This will encourage more women to get into economic activities. Women in India endure several hardships while being engaged in economic activity.

This could be one of the ways to alleviate their hardships. To help women with financial inclusion, more banks should come out with such schemes, not only in savings but also for fixed deposits, home loans and credit cards.

This could be a small beginning to make women secure and financially independent.