Give your child a bigger Piggy Bank to save all their money. Regardless of their age, Our CUBS-Savings Account enables your little ones to possess a bank account like their parents. Your child also receives attractive gifts and personalised pass book.

Minimum Balance:

Minimum amount to open new account –
  1. Rs.50/- and further deposit in multiple of Rs. 10/-
  2. Average Quarterly balance Rs. 100 for all branches
  3. Minimum Balance Rs. 500/- after one year


  1. Special Pass Book
  2. Account can be opened by depositing Rs.50/- only and subsequent deposit in Multiples of Rs.10/-
  3. No charges for non-maintenance of minimum balance for the first year.
  4. Facility to deposit money in the school premises on predetermined days.
  5. After completion of 14 years of age minor/ student can operate the account.
Note: Cheque Book Facility not available on this account

Charges For non-maintenance of minimum balance -
  1. Conditions of minimum balance of Rs. 500/- is only applicable for first year.
  2. Charges for non-maintenance of minimum balance – Rs. 12 per quarter  applicable to Saving Account

Interest Rates:

Applicable on Savings Deposit Scheme is 3% p.a. w.e.f. 1st June 2020 quarterly rest


To qualify for a 'CUBS' account you should be a minor/student (upto the age of 21 years)


Click here to download KYC documents submission requirement.

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