Demat Account Opening is now Simplified. The client can open an account at his/her option without bearing any cost at the time of account opening. The agreement to be executed between the client and Saraswat Bank is now replaced with a common document “Rights and Obligations of the Beneficial Owner and Depository Participant” which attracts no stamp duty charges. This document is mandatory and binding on all existing and new clients. A format of the document is present at branches and also made available on website.

The procedures for opening demat account in NSDL or CDSL are similar.The client who wishes to open a demat account with Saraswat Bank, can open two types of account:

Please contact us at or call us on 022-23480039-41 

Mile yahan, Dono Jahan

True to its new tag line, "Mile Yahan Dono Jahan", Saraswat Bank is committed to bridging the gap between technology and tradition by bringing to its customers the best of both worlds.

Keeping tradition intact and embracing technology, the Bank has matched strides with India's digital revolution by offering various digital banking services designed to make banking more easy and convenient like mobile banking, internet banking, international VISA EMV and RuPay chip cards, etc. Simultaneously, through its emphasis on personalized attention, the Bank has maintained its personal touch with customers. Agility of the small bank with the ability of the large bank has been Saraswat Bank's enduring heritage new.

Contact Saraswat Bank

Corporate Office
Saraswat Co-operative Bank Limited
Ekanath Thakur Bhawan 953, Appasaheb Marathe Marg, Prabhadevi. Mumbai- 400 025
Tel: [+91] (022) 6600 5555