It is never too early to start learning about financial  responsibilities. Your little ones can gain an upper edge by knowing technologically advanced banking during their budding years. It is a great way to lead your child towards a secured future.

Minimum Balance:

  1. Average Quarterly Balance: Rs. 1000


  1. Complimentary One DD/PO per month with an upper cap of Rs. 5000/-
  2. Complimentary SMS, Internet and Mobile banking
  3. Complimentary Debit card Classic or Rupay for the 1st year


Minors, above 10 years of age and up to 18 years of age (at the time of opening the account).

Mode of Holding:



  1. Maximum 1.00 Lakh credit balance allowed in the account during the calendar year.
  2. Maximum 2 debit transactions (inclusive of debit card, internet banking and mobile banking) allowed per month with total upper cap of Rs 10,000/-.
  3. No over drawings/debit balance be allowed.

Interest Rates:

Interest Rate earned on My Money Deposit Savings Account is 3% p.a. w.e.f. 1st June 2020


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