Any Individual can open an account self or jointly.

Saving Bank Account can be opened with Rs.1000/- with cheque book facility. Current A/c can be opened with Rs.3000/-.

PAN Card and Voter ID Card, Passport, Driving License or any other document notified by the central government.

Nomination Facility is available for the benefit of the customers.

Nomination facility also available for locker hire.

Illiterate person can open bank account.

Following documents required for the opening of current account of partnership:

1. Photograph of all the partners.
2. Identity proof of all the partners
3. Copy of partnership dead.
4. Authorization letter from all the partners to operate the account on the behalf of partnership account.
5. Proof of address or the rent deed.

The Sarvodaya Sahakari Bank Ltd. providing the loan for consumer durables, for the purchase of house hold goods, vehicles loan, personal loan for socio-economic need, house loan for the construction of house and repair/renovation of existing house and Machinery loan for business professionals.

Yes, your salaries can be clubbed for the purpose of calculation of the loan amount. Thus, we ensure a great deal of flexibility in the entire exercise of financing your house.

For construction of house, for purchase of house/flat, for repairs/renovation in the existing house.

Interest is charged on reducing balance.

There is no penalty for pre-closure of loan and an individual can adjust his account fully at any time after taking the loan.

There is no penalty for pre-closure of loan and an individual can adjust his account fully at any time after taking the loan.

The actual loan amount sanction is depending upon valuation and your repayment capacity.

The Housing Loan can be repaid over maximum period of 15 years. The repayment period will not be extended beyond retirement from service or reducing 60 years of age in case of Professionals / Businessman.

Yes, you have to become member of bank.

Yes, you can avail home loan to repay a loan availed from another bank/Financial Institution under the "Transfer of Loan" Scheme.

You can repay the loan in EMI (Equited Monthly Installment) comprising principal & interest in various repayment option such as

1. By post dated cheques
2. Deduction from Salary
3. Standing instruction