The gig economy includes a wide variety of professionals, from management consultants and software developers to delivery partners and caregivers.
Main features of GIGA
GIGA Savings Account: Self-employed individuals can choose to maintain a quarterly balance (₹10,000 for metros/urban areas and ₹5,000 for semi-urban/rural areas) or start an investment plan, such as a fixed deposit or recurring deposit.
GIGA Business Debit Card: This card offers cash back on spending and comes with a complimentary personal accidental death cover of up to ₹10 lakh.
GIGA Business Credit Card: Designed for self-employed workers, this card offers a 55-day interest-free credit period and features an accelerated rewards program.
Featured Offers: GIGA debit and credit cards come with a variety of value-added offers such as discounts on coworking spaces (WeWork, Awfis), training programs (Harappa, 42 Courses), accounting services (Zoho, LegalWiz), health and wellness programs (Earthful, Frido), and discounts on gig platform memberships (Truelancer, Refrens).
Health Insurance: GIGA offers health insurance through Therefore, HDFC Starting at ₹20 per day, covering self-employed workers and their families.
Retail Asset Products: The suite includes several financial products such as:
Business Loans: Unsecured loans for business needs.
Auto Loans: Financing up to 100% of the total on-road value.
Two-wheeler loans: from ₹26,000 to ₹50 lakh.
Gold Loans: Quick Disbursement and Easy Access.
Flexible Investment Options: HDFC AMC offers a tool to help self-employed individuals schedule and manage their investments in a flexible manner.
SmartHub Vyapaar: A one-stop digital payment solution for domestic collections with instant onboarding.
Digital Payment Solutions: Through partnerships with Razorpay and Payoneer, freelancers can manage domestic and international payments, supporting transactions in 11 major currencies and accessing marketplaces in over 190 countries.
Who can benefit?
GIGA is designed for a broad spectrum of freelancers, including:
White-collar professionals: such as consultants, programmers and designers.
Gray-collar workers: With specific vocational or technical experience.
Manual workers and pink-collar workers: including delivery workers and caregivers.
READ ALSO | HDFC Bank launches new DigiPassBook feature on SmartWealth app to consolidate all your investments
Disclaimer:
The information contained in this post is for general information purposes only. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.
We respect the intellectual property rights of content creators. If you are the owner of any material featured on our website and have concerns about its use, please contact us. We are committed to addressing any copyright issues promptly and will remove any material within 2 days of receiving a request from the rightful owner.