Determinants of Saving Habits of Unbanked Urban Adults: An empirical study in Assam, India

Ajanta Phatowali, Subhrangshu Sekhar Sarkar


Saving has been the main mode adopted by poor to manage finance as raising loans at the time of need is difficult for them in general.  The paper presents a comparative analysis of the saving accounts and amounts in banks for a period of 20 years (1991-2011) between the state of Assam and India.  The paper presents an empirical analysis of various saving modes adopted by urban unbanked adults based on a primary survey conducted among urban unbanked adults in Assam.  The analysis is done using binary logistic regression to identify the factors having significant effect on prediction of choice of a particular saving mode and measured the extent to which these factors influence.



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