True to its name, Suvidha Savings Account is well equipped with all convenient features at a zero balance facility. A low maintenance account, it is specially designed for those who do not hold any form of Savings Bank accounts with us.

Minimum Balance:

  1. Zero Balance


  1. Cheque book facility will be provided as applicable to regular Savings Account
  2. RuPay Classic ATM-cum-Debit card will be issued free of cost and no annual maintenance charge will be applied
  3. 5 transactions(fin and non-financial) p.m are allowed free at other banks ATM.
  4. Receipt/ credit of money through electronic payment channels like NEFT/RTGS will be free.
  5. Deposit/ collection of cheques drawn by Central/State Government agencies and departments will be free.
  6. No limit on number and value of deposits that can be made at branch as well as ATM/CDMs in a month.
  7. Standing instructions facility will be provided as applicable to Regular Savings Account.
  8. Facility of Any Branch Banking will be allowed under this scheme.
  9. Internet Banking and Mobile Banking will be provided free of cost to the customer.

Interest Rates:

 3% p.a. w.e.f. 1st June 2020 with quarterly rest.


All resident individuals having valid KYC documents as per KYC-AML Policy of the Bank are eligible to open BSBD Account.

Mode of operation can be- Singly, jointly, or with Either or Survivor, Former or Survivor, anyone or Survivor etc.

Service Charges:

  1. No minimum balance charges applicable.
  2. No limit on the number of credit transaction during a month.
  3. Maximum of 4 withdrawals are allowed per month free of charge to the customer together for cash withdrawals at branch as well as ATM transactions done at our /other banks ATM. Thereafter, Cash Withdrawal is permitted with a levy of service charges of Rs.10/- + GST for every additional cash transaction.
  4. No charges will be applicable for non-operation of account or activation of inoperative account.

Terms and Conditions applicable:

Holders of Suvidha Savings Account will not be eligible for opening any other savings bank deposit account with our bank.
If a customer has any other existing savings bank deposit account in our bank then he/she will not be allowed to open Suvidha Savings Account with our bank. In case he/she desires to have a Suvidha Savings Account then the earlier account has to be closed. 
A declaration from the customer that he/she is not having a BSBD account in any other bank in prescribed format will be obtained at the time of account opening.


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