Pigmy Collection is a type of micro-savings scheme offered by banks in India. It is designed to help people who are unable to save large sums of money at once. Under this scheme, customers can deposit small amounts of money at regular intervals, usually daily or weekly, and earn interest on their savings. The minimum deposit amount is usually very low, making it an accessible option for people from all walks of life. The term “pigmy” refers to the small amounts of money that are collected over time. Sangrahak app empowers societies and agents with the technology to transform the pigmy collection process.