At the lowest interest rates, avail a loan up to maximum Rs.2 Lakh without any difficulty, in a short period of time with minimum documents for your personal use.

Limits of Loans:

  1. Maximum up to Rs.2.00 lacs.


  1. Salaried persons: Employee of reputed organization with confirmed service of minimum 1 year in the same organization
  2. Businessman / Professional / Self Employed

Basis of Advance:

  1. 100% of the cost
  2. 12 times of net salary in case net salary upto Rs.10000/- and 15 times of net salary in case net salary above 10000/-
  3. Or 2 times of net cash accruals in case of Businessmen

Whichever is less.

Repayment Period:

  1. Pravasi & Computer Maximum 36 months
  2. All other Maximum 60 months

Rate of Interest (Fixed):

  1. 13.25% p.a.


  1. Hypothecation of consumer durables/two wheeler/computer
  2. Loan amount Upto Rs. 50,000/- One Guarantor,
  3. Loan amount Above Rs. 50,000/- Minimum Two guarantors.
  4. Repayment under Sec 60 of the MSCS Act 2002, or salary account with our bank or recovery of EMI through Salary deduction or repayment through ECS.

Processing Fees:

  1. 1% of loan amount maximum Rs. 2000/-


  1. Loan upto Rs. 1 Lakh: Nominal Membership
  2. Loan above Rs. 1 Lakh: 2.5% of the loan amount

Documents Required:

  1. Duly filled prescribed loan application form
  2. Latest Photograph, Photo Identity Proof & Residence Proof of the Applicant & Guarantor
  3. Salaried person: latest salary slips for last 3 months or IT returns or Form 16 of last one year
  4. Businessman/Professional/self employed last two years P/L and balance sheet.

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
Email: corporatecenter@saraswatbank.com