ABOUT US

WELCOME TO SARVODAYA BANK

Sarvodaya Co-Op Bank established on 30.08.1996 has its Head Office at Shop No. 1 & 2, Crosswind CHS Ltd., B-wing, J. M. Road, Draksha Baug, Bhandup (W) and an Extension Counter at Utkarsh Nagar, Bhandup (West) and other branches at Santacruz (East) & Andheri (East) respectively. The bank caters to the needs of individuals, small businesses, Co-op Societies, Associations Salaried customers & Professionals from various fields.

The bank is ably guided by a highly accomplished Board of Directors, and its day to day functions are well managed by professional Bankers having rich experience on all aspects of banking. The bank has a healthy mix of deposits & advances, of over Rs 250 crores. It offers yearly dividend to its shareholders & has been accorded ‘A’ rating at statutory audit.

In addition to offering various banking services with proper understanding of each customer’s exact requirements, the bank also offers modern banking facilities like RTGS, NEFT, Any Where Banking (ABB) through its Core Banking Solution (CBS), to make banking, truly a pleasure to its customers. The bank’s area of operation extends to Greater Mumbai, Thane, Navi Mumbai & Raigad Districts.

The bank is constantly innovating to offer meaningful products & services, to meet the financial requirements of its customers. It has recently launched a bouquet of new products and services to cater to all sections of the society.

“Sarvo Samparg” toll free service has been introduced to help customers of all branches of the bank to contact and seek information about their account and schemes of the bank. This free service is available on all working days, between 9.30 am to 6.30 pm.

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rvo Karbhugataan” facility is offered to individuals as well as small and medium enterprises to make various tax payments at any of our branches.

“Sarvo Jald Nidhi” service for quick transfer of funds anywhere in the country is offered to customers via Real Time Gross Settlement and National Electronic Funds Transfer facility of RBI.

“Sarvo Tjori” service is given to customers to secure their valuables at lockers of various sizes, at nominal costs at some of our selected branches.

“Sarvo Bima” advisory services are offered to customers on life insurance as well as general insurance towards insuring their property & vehicle. Advisory on Health insurance facility is also offered by professional and qualified insurance advisors. Existing policy of the customer is audited free of cost and objective suggestions are provided for their consideration.

“Sarvo Suvarna Karja” gold loan product is offered to customers who wish to raise quick finance by pledging their gold ornaments. The facility is offered at just 1% per month, without pre-closure charges.   

“Sarvo Girvee” mortgage loans are made available at attractive terms for customers who wish to raise loans or overdrafts by mortgaging their residential or commercial properties. Quick processing and reasonable interest rates are levied on the facility availed by the customer.

“Sarvo Gharonda” home loan facility is offered to customers who wish to purchase residential property. The loan is offered at attractive interest rates and repayment tenure to suit the needs of the customer.

Sarvo Samruddhi Karja” a loan product has been launched to exclusively meet the needs of professionals such as Doctors, Engineers, Architects, Surveyors, Computer Engineers, Draftsman, Lawyers, Practicing Chartered Accountants, Cost Accountants, Company Secretaries & other such professionals. The bank is empathetic towards the needs of the above professionals and is aware that these professionals need financial assistance at the right time to set up their clinic, office & to purchase expensive equipment as well as to meet other infrastructural requirements.

“Sarvo Shakti Women’s Loan & Deposit Account” has been introduced to help women to avail the benefit of various loan and deposit schemes of the bank. Loans are also provided to women entrepreneurs engaged in running home business & also those women who possess permit and wish to ply auto rickshaws in western and central suburbs.

“Sarvo Vahaan” loans are offered to customers who wish to purchase 2 and 4 wheelers. The loan is given both on new as well as old vehicles, at attractive terms.

“Sarvo Shikshak” loans are provided to those in the teaching profession. As customers under this segment are imparting knowledge, the bank recognizes their contribution to the society and accordingly, the loans are offered to teachers at nominal rates and convenient repayment schedules.

“Sarvo Suvidha” zero balance current account is made available to small traders, shop keepers, micro enterprises and those sole proprietors and partnership firms which would like to avail banking facility without being required to block large amount of business funds in their current account.

In addition to the above, our bank will also be introducing exclusively designed products for Senior Citizens, Salaried Employees, Traders and other specific categories of customers. Additionally, services such as Utility Bill payments, electronic payment gateway services and domestic funds transfer for migrant labor will also be launched soon, to make banking truly a pleasure to various sections of the society.

To avail any of the above products we welcome our customers to visit our branches of the or call on the bank’s Toll Free Number 1-800-212-22-44 or email info@sarvodayabankmumbai.com giving their name and contact details as well as nature of deposit product & financial assistance that they need. A member of the staff will soon contact the customer to make available the required service.

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OUR BOARD OF Directors

  • Prakash Pawar

    Managing Director

  • Anil Jadhav

    Chairman

  • Anandrao Maiengade

    Vice Chairman

  • A Thimappa

  • N Y Kankar

  • Ashok Jadhav

  • Ravindra Parab

  • Prabhakar Ravarane

  • Vasanth Savant

  • Meenakshi Patil

  • Pramila Gayakwad

  • Janardan Kamble

  • Nevarthe Maske

  • Ratnakanth Sutar

  • Sudeep Bandal

  • Satish Thorat

  • Vishwas Thupe

  • Balakrishna Gawkar

    Expert Director

  • Jayawanth Deshmukh

    Expert Director

  • Mr. Tilak Sankarankutty

    GM & CEO

Our Chairman’s

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Our Management Committee

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