Saraswat Bank has become the first bank in the Co-operative sector to launch an account opening app, Saraswat Bank 100+. This Smart Savings Account App with user-friendly interface instantly opens an account in just a few minutes and users have the added advantage to choose their account number.
It is a multilingual (English/Hindi/Marathi) mobile app which provides a simple, seamless, paperless and secure way for the applicant to open a Savings Account.
Saraswat Bank 100+ application allows the opening of a new Savings Account through Aadhaar OTP authentication. The account would be opened based on applicant’s name, address, gender and Date of Birth registered with UIDAI. Only userswho wish to opt-in for DBT (Direct Benefit Transfer) in this account can open the account through this service. Final KYC formalities can be completed by the user by either visiting selected branch or an official can visit the user’s residence and complete the procedure through Tab banking facility.
The app is currently available on Google Playstore. Any individual who is an Indian resident of age 18 years and above can open an account through this app. It allows the user to open an account anywhere using his/her mobile phone with preferred account number thus enriching user experience.
Marching parallel to the evolving timeline of India, Saraswat Bank enters into its 100th year of service to the people. After setting sail in the year 1918, soon after the Russian revolution, the Bank has witnessed important world events like the First World War, Second World War, India’s freedom struggle and the glorious post independence era. Standing the test of time, it has grown to be a pioneer in the urban co-operative banking sector in India, offering unparalleled financial services.
Towering above its competitors and growing soundly for a century, Saraswat Bank today is spread across six states – Maharashtra, Goa, Gujarat, Delhi, Madhya Pradesh and Karnataka. With a total business of Rs.58,000Crore plus, 280 plus branches, and 260 ATMs, the Bank is committed to taking its legacy ahead with outstanding service.