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Elite Current Account
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Elite Current Account

Elite Current Account Savings



Elite Current Account

Our Bank offers you freebies and add-ons that enhance your banking experience with us. Open an Elite Current Account and enjoy plethora of services all by maintaining a minimum balance of Rs 10,000/-. We offer Any Branch Banking to facilitate easy banking for you with the following salient feature.
Features & Benefits :
  • Minimum balance of Rs 10000/- only
  • Deposit / Withdraw cash from any of our branches
  • Transfer funds from one account to another within Saraswat Bank
  • Free Internet Banking and Mobile Banking facility that enables you to check your account balance and transactions in your account.
  • Shop using your International Rupay Debit Card
  • Free personalized cheque book with "Payable at Par" facility across all cities where Saraswat Bank has a branch
  • Free use of "Easy Pay Facility" to pay your electricity bills, telephone bills etc.
Eligibility:
You can open a Current account with us if you are:
  • Public or Private Limited Companies
  • Partnership Firms
  • Proprietorship Concerns
  • Trusts

      Officially Valid Documents :

(i) Passport, (ii) Driving license, (iii) PAN Card, (iv) Voter's Identity Card (v) NREGA Job Card (vi) Letter issued by the UIDAI containing details of name, address and Aadhaar number.

2 latest passport size photographs and any one of the officially valid documents as Identity and Address proof

If the address on the document submitted for identity proof is same as that declared by him / her in the account opening form, the document may be accepted as a valid proof of address also.

Public or Private Limited Companies

  • Certificate of Incorporation and Commencement of Business
  • Certified true copy of Memorandum and Articles of Association
  • Certified Board resolution authorising the opening and operation of the account
  • PAN or GIR No. or completed Form 60. 
  • Any officially valid document identifying the authorized signatories and their addresses as given above
    Partnership Firms
    • Partnership Deed and Registration Certificate
    • PAN or GIR No. or completed Form 60. 
    • Any officially valid document identifying the partners and authorized signatories and their addresses as given above

      Proprietorship Concerns

      Any two documents can suffice: 

      • Sales and/or Income tax returns
      • CST and/or VAT certificate
      • Certificate/Registration document issued by Sales Tax/Service Tax/Professional Tax authorities
      • Licence issued by the Registering authority like Certificate of Practice issued by Institute of Chartered Accountants of India, Institute of Cost Accountants of India, Institute of Company Secretaries of India, Indian Medical Council, Food and Drug Control Authorities, etc.
      • Registration Certificate (in the case of a registered concern)
      • Certificate/License issued by the Municipal Authorities under Shop & Establishment Act
      • IEC (Importer Exporter Code) issued to the proprietary concern by the office of DGFT
      • Utility bills such as electricity,water and landline telephone bills
      • Complete income tax return in name of the proprietor wherein the income of the firm is reflected.
      Trusts
      • Copy of the trust deed
      • Copy of the registration certificate
      • Copy of the resolution by the trustees authorizing the members concerned to open and operate the account
      • Any officially valid document identifying the authorized signatories and their addresses as given above
      • Pan Card 

      Clubs / Mandals / Associations

      • Copy of PAN
      • Bye-laws of the association or club
      • Certificate of Registration
      • Copy of the resolution by the Board authorizing the members concerned to open and operate the account
      • Any officially valid document identifying the authorized signatories and their addresses as given above

      Download the Account opening form

      Premium Current Account

      Saraswat bank caters to different category of entities under three current variants. With the specific purpose of catering the needs of SMEs, Corporates and Retail establishment, Bank has launched Premium Current Account. This account will help you avail multiple benefits by maintaining an average quarterly balance of Rs 50000/- in your current account.

      Features & Benefits:
      • Unlimited issuance of DD/PO
      • Free online Interbank funds transfer through NEFT /RTGS
      • Shop using your International Rupay Debit Card depending on the balance in your saving account
      • Enjoy Free Internet Banking and SMS Banking facility
      • Personalized cheque book free
      • Free access  to other bank ATMs
      • Free DEMAT Account, i.e. you do not have to bear any annual maintenance charges for first five years
      • 50% concession on charges for balance certificate and solvency certificate
      • 50% waiver on all charges levied, maximum upto Rs. 1,000/- for the services availed during the financial year*
      • Pay your electricity bills, telephone bills through “Easy Pay Facility” at no extra cost.
      • Receipt of Monthly Statement of Accounts by Email at no charges
      • Apart from the above, any retail loans extended (Car loan, MPLS and Samruddhi loan) in the name of Firm/ Company/ Proprietor/ Partners/ Directors will enjoy 50% concession on processing fees, subject to 1 year of maintaining the account. This waiver will be provided upto a maximum of Rs 15,000/- in a year on any one Retail Loan.
      Eligibility:
      You can open a Current account with us if you are:
      • Public or Private Limited Companies
      • Partnership Firms
      • Proprietorship Concerns
      • Small and Medium Enterprise
      • Retail Establishment
      • Trusts

          Officially Valid Documents:

      (i) Passport, (ii) Driving license, (iii) PAN Card, (iv) Voter's Identity Card (v) NREGA Job Card (vi) Letter issued by the UIDAI containing details of name, address and Aadhaar number.

      2 latest passport size photographs and any one of the officially valid documents as Identity and Address proof

      If the address on the document submitted for identity proof is same as that declared by him / her in the account opening form, the document may be accepted as a valid proof of address also.

      Public or Private Limited Companies

      • Certificate of Incorporation and Commencement of Business
      • Certified true copy of Memorandum and Articles of Association
      • Certified Board resolution authorising the opening and operation of the account
      • PAN or GIR No. or completed Form 60. 
      • Any officially valid document identifying the authorized signatories and their addresses as given above
        Partnership Firms
        • Partnership Deed and Registration Certificate
        • PAN or GIR No. or completed Form 60. 
        • Any officially valid document identifying the partners and authorized signatories and their addresses as given above
        Proprietorship Concerns
        Any two documents can suffice: 
        • Sales and/or Income tax returns
        • CST and/or VAT certificate
        • Certificate/Registration document issued by Sales Tax/Service Tax/Professional Tax authorities
        • Licence issued by the Registering authority like Certificate of Practice issued by Institute of Chartered Accountants of India, Institute of Cost Accountants of India, Institute of Company Secretaries of India, Indian Medical Council, Food and Drug Control Authorities, etc.
        • Registration Certificate (in the case of a registered concern)
        • Certificate/License issued by the Municipal Authorities under Shop & Establishment Act
        • IEC (Importer Exporter Code) issued to the proprietary concern by the office of DGFT
        • Utility bills such as electricity,water and landline telephone bills
        • Complete income tax return in name of the proprietor wherein the income of the firm is reflected.
        Trusts
        • Copy of the trust deed
        • Copy of the registration certificate
        • Copy of the resolution by the trustees authorizing the members concerned to open and operate the account
        • Any officially valid document identifying the authorized signatories and their addresses as given above
        • Pan Card  
        Clubs / Mandals / Associations
        • Copy of PAN
        • Bye-laws of the association or club
        • Certificate of Registration
        • Copy of the resolution by the Board authorizing the members concerned to open and operate the account
        • Any officially valid document identifying the authorized signatories and their addresses as given above
        Service Charges:
        For Service Charges details please refer to Service Charges section on website. 
        Account Closure Charges:

        If closed within 6 months Rs. 1000 +charges for unused cheque leaves at Rs. 2 per leaf.
        If closed within 1 year Rs. 500 +charges for unused cheque leaves at Rs. 2 per leaf.
        Unused cheque leave charges are applicable to all accounts which are closed
        Download the Account opening form

        * Conditions Apply


        Platinum Current Account
        Saraswat Bank has grown over the years and so have you. Our growth is directly proportional to your progress and Bank is keenly aware of it. With the purpose of accelerating excellence in our services provided to you Bank has launched a new product Platinum Current Account. Encouraging entrepreneurship by providing various facilities free to the customer is the hallmark of the product. You can avail multiple benefits by maintaining average quarterly balance of Rs 3.00 lac in your current account for Metro/Urban branches and Rs 2.00 lac for Semi Urban / Rural branches.

        Features & Benefits :
        • Minimum balance of Rs 3,00,000/- in Mumbai and Rs 2,00,000/- outside Mumbai per quarter.
        • Deposit / Withdraw cash from any of our branches
        • Free Access to other banks ATMs
        • Free DEMAT Account, i.e. you do not have to bear any annual maintenance charges.
        • Free remittance of funds through DD/PO or NEFT /RTGS.
        • No charges for giving standing instruction or solvency certificates
        • Free Cash handling i.e. you can deposit any amount of cash in your account free of charge in any of our branches.
        • Transfer funds from one account to another within Saraswat Bank
        • Free statement of accounts and Balance confirmation certificate once in a month
        • Free Internet Banking and Mobile Banking facility that enables you to check your account balance and transactions in your account without any extra charges.
        • Shop using your International Rupay Debit Card
        • Free personalized cheque book with "Payable at Par" facility across all cities where Saraswat Bank has a branch
        • Free use of "Easy Pay Facility" to pay your electricity bills, telephone bills etc.
        • Apart from the above, any retail loans extended (Car loan, MPLS and Samruddhi loan) in the name of Firm/ Company/ Proprietor/ Partners/ Directors will enjoy 100% concession on processing fees subject to 1 year of maintaining the account. This waiver will be provided upto a maximum of Rs 20,000/- in a year on any one Retail Loan.
        • Employees of your company are entitled to enjoy multiple benefits under Akshay Salary Scheme.
        Eligibility:
        You can open a Platinum Current account with us if you are:
        • Public or Private Limited Companies
        • Partnership Firms
        • Proprietorship Concerns
        • Trusts

        Officially Valid Documents:

        (i) Passport, (ii) Driving license, (iii) PAN Card, (iv) Voter's Identity Card (v) NREGA Job Card (vi) Letter issued by the UIDAI containing details of name, address and Aadhaar number.

        2 latest passport size photographs and any one of the officially valid documents as Identity and Address proof

        If the address on the document submitted for identity proof is same as that declared by him / her in the account opening form, the document may be accepted as a valid proof of address also.

        Public or Private Limited Companies

        • Certificate of Incorporation and Commencement of Business
        • Certified true copy of Memorandum and Articles of Association
        • Certified Board resolution authorising the opening and operation of the account
        • PAN or GIR No. or completed Form 60. 
        • Any officially valid document identifying the authorized signatories and their addresses as given above
          Partnership Firms
          • Partnership Deed and Registration Certificate
          • PAN or GIR No. or completed Form 60. 
          • Any officially valid document identifying the partners and authorized signatories and their addresses as given above

            Proprietorship Concern

            Any two documents can suffice: 

            • Sales and/or Income tax returns
            • CST and/or VAT certificate
            • Certificate/Registration document issued by Sales Tax/Service Tax/Professional Tax authorities
            • Licence issued by the Registering authority like Certificate of Practice issued by Institute of Chartered Accountants of India, Institute of Cost Accountants of India, Institute of Company Secretaries of India, Indian Medical Council, Food and Drug Control Authorities, etc.
            • Registration Certificate (in the case of a registered concern)
            • Certificate/License issued by the Municipal Authorities under Shop & Establishment Act
            • IEC (Importer Exporter Code) issued to the proprietary concern by the office of DGFT
            • Utility bills such as electricity,water and landline telephone bills
            • Complete income tax return in name of the proprietor wherein the income of the firm is reflected.
            Trusts
            • Copy of the trust deed
            • Copy of the registration certificate
            • Copy of the resolution by the trustees authorizing the members concerned to open and operate the account
            • Any officially valid document identifying the authorized signatories and their addresses as given above
            • Pan Card
            Clubs / Mandals / Associations
            • Copy of PAN
            • Bye-laws of the association or club
            • Certificate of Registration
            • Copy of the resolution by the Board authorizing the members concerned to open and operate the account
            • Any officially valid document identifying the authorized signatories and their addresses as given above
            Download the Account opening form
            467371775086e094fb7a843004cb7999 savings account, loans, SME loans, NRI banking services, Forex, car loan, home loan, co-operative bank, trade finance
            Saraswat-Bank
            Saraswat-Bank