For expansion, acquisition or for setting up a new business, Saraswat bank is happy to help its customers for every sort of financial need. For our existing and prospective customers, Corporate Loans can be sanctioned for all purposes for an amount ranging from Rs. 50 Lakh to Rs. 10 crores. This new scheme of Corporate Loan will help meet financial requirements of Private Limited or Public Limited companies without involving an acquisition of fixed assets. 

Corporate Loans can be sanctioned to a corporate customer for any purpose in line with the regular business activity, viz:

  1. Shoring up the net working capital (NWC)
  2. Ongoing capital expenditure such as replacement of machines, up gradation, renovation, etc.
  3. Replacement of high-cost debts
  4. Research and development expenditures
  5. Acquisition of tools and jigs etc
  6. Implementing voluntary retirement scheme in the company
  7. Acquisition of trademarks/patents/brand equity (in exceptional cases only)

Guidelines for sanction and conduct of the Corporate Loan are as under:

  1. Minimum loan amount will be Rs. 50.00 lacs
  2. Maximum Loan amount would be Rs.10.00 crores

Repayment Period:

Maximum time period of three years is allotted.

Processing Fees:

As applicable to term loan for existing/ prospective borrowers.


  1. Exclusive first charge on the fixed assets or on pari passu basis with other Term lenders.
  2. If first charge cannot be taken for valid reasons, a second charge on fixed assets may be obtained.
  3. Where the sole purpose is to shore up NWC, extention of charge on current assets should be obtained.

Collateral Security:

Personal guarantee of promoter directors, pledge of equity shares of promoters (upto an amount of Rs. 20.00 lacs), charge on unencumbered assets of the corporate, independent tangible security of promoter director/s etc. 


  1. As applicable to Term Loans in consultation with Legal Department/Legal advisers
  2. Charge to be registered with ROC as usual


2.5% of the loan amount, maximum upto Rs.25,000.

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