This loan is curated for specially-abled people to become economically independent by starting their own business and to purchase durable and sophisticated aids / appliances that promote their physical and social rehabilitation.

Limits of Loans:

  1. Maximum loan up to Rs.5.00 Lakh


  1. All specially-abled Individuals – both salaried and self-employed, All specially-abled Minors through their Parents. (No advances to middle-men and NGOs).
    Individual should be employed for a minimum period of 1 year

Basis of Advance:

  1. Salaried: 20 times of average monthly net salary
  2. Businessmen: 3 times of average Net cash accruals or latest audited gross cash accrual with justification.

Repayment Period:

  1. Maximum 60 months

Rate of Interest:

Fixed @ 9.25% p.a.


  1. Hypothecation of the current assets i.e stock and debtors / Hypothecation of Equipment purchased out of Bank Finance

Processing Fees:

  1. Nil


  1. As per extant shareholding norms

Documents Required:

  1. Duly filled prescribed application form
  2. Latest Photograph, Photo ID Proof and Residence Proof of the Applicant & Guarantor
  3. Salary slips for last 3 months and Bank statement for last 3 months or Form No.16 of the Applicant of last one year

      Conditions Apply*

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