SAVE (Society for Advancement of Village Economy) was established in 2009 in Gaya, Bihar with the aim to include the highly populated, untapped Rural Economy in the Indian Financial Landscape. SAVE was initially incorporated as a Society in year 2009 with the motive to promote various aspects of social development of rural populace in the states of Bihar, Jharkhand, U.P. Odisha and Chhattisgarh.
Later, it was converted into a Private Limited Company as Save Solutions Private Ltd. and started operations and soon became one of the largest Banking Business Correspondents (BCs) in India. Through a robust network of more than 10000+ Customer Service Points (CSPs), SAVE aims to provide end-to-end banking services to rural India with an objective of inclusive growth.


In the year 2017, SAVE further diversified into microfinancing as SAVE Microfinance Private Ltd. (SMPL), to work as an NBFC-MFI (Non-Banking Finance Company ­ Micro Finance Institution). It is a new generation tech savvy microfinance institution which operates through Joint liability group (JLG) lending methodology and provides micro-credit services exclusively to women entrepreneurs. SAVE leverages on its wide network of CSPs (Customer Service Points) to provide both cash-in & cash-out services at the door step of these women micro-entrepreneurs.