Shamrao Vithal Co-Operative Bank Savings Account

The bank offers a number of savings account options to its customers. Look at the following options that can opt for keeping your savings:

Types of Shamrao Vithal Co-Operative Bank Savings Account	Primary Features
Basic Savings Bank Deposit Account and Small Savings Account	Zero Balance Savings Account SVC Bank ATM Debit Card
Silver Savings Account	Initial Deposit Amount – Rs.10,000 SVC Debit Card Annual Charges Waived
Gold Savings Account	AQB – Rs.50,000 Free SVC International Debit Card
Society Savings Account	Average Quarterly Balance – Rs.25,000 Free Execution – Standing Instructions
Star Savings Account	No Minimum Balance Requirement ATM/Debit Card with Limit of Rs. 5000
SVC Minor Savings Account	Minimum Balance Requirement – Rs. 500 Daily ATM Withdrawal Limit – Rs. 10000
Smart Savings Account	Issuance of AV Flash Card No Penalty on Premature Closure
SVC e-Trade	Free VISA Debit Card Free Cheque Book of 100 Leaves

1. Basic Savings Bank Deposit Account and Small Savings Account

SVC BSBDA and Small Savings Account	Features
Minimum Balance Requirement	Zero Balance Savings Account
Interest Rate	4% p.a.
ATM Debit Card	SVC Bank ATM Debit Card
Initial Deposit Amount	Zero
Eligibility Criteria	Indian Residents

2. Silver Savings Account

Silver Savings Account	Features
Initial Deposit Amount	Rs. 10000
Net Banking, SMS Banking and Mobile Banking	Free
ATM Debit Card	SVC Debit Card (Annual Charges Waived)
NEFT and RTGS	10 Free Transfers
Eligibility Criteria	Customers above the age of 18 years

3. Gold Savings Account

Gold Savings Account	Features
Average Quarterly Balance	Rs. 50000
Net Banking and SMS Banking	Free
ATM Debit Card	Free SVC International Debit Card
NEFT and RTGS	Free
Eligibility Criteria	Elite customers above 18 years

4. Society Savings Account

Society Savings Account	Features
Initial Deposit Amount	Rs. 25000
NEFT and RTGS	Free
Average Quarterly Balance	Rs. 25000
Standing Instructions	Free Execution
Eligibility Criteria	Groups of societies, federations or a single society having at least 50 members are eligible to open this account

5. Star Savings Account

Star Savings Account	Features
Initial Deposit Amount	Rs. 100
Minimum Balance Requirement	Zero Balance Savings Account
ATM Debit Card	SVC Visa & RuPay Debit Card
Net Banking and SMS Banking	Free
Eligibility Criteria	Minor between the age of 10 to 18 years

6. Minor Savings Account

Minor Savings Account	Features
Initial Deposit Amount	Rs. 500
Minimum Balance Requirement	Rs. 500
ATM Debit Card	Available
Net Banking and SMS Banking	Free
Eligibility Criteria	Minor between the age of 0 to 18 years

7. Smart Savings Account

Smart Savings Account	Features
Initial Deposit Amount	Rs. 10000
AV Flash Card	Free
FD Amount	Rs. 50000
Maturity Tenure	366 Days
Eligibility Criteria	Indian Residents

8. SVC e-Trade

SVC e-Trade	Features
Average Quarterly Balance	Rs. 5000
SVC Debit Card	Free
NEFT and RTGS	5 Free Transfers
Net Banking and SMS Banking	Free
Eligibility Criteria	Indian Residents above the age of 18 years

Documents Required

Documents Required for a Shamrao Vithal Co-Operative Bank Savings Account
Proof of Identity	Documents issued by the Indian Government such as PAN Card, Aadhaar Card, Voter ID, Passport, Driving License, Ration Card, etc.
Proof of Address	Aadhaar Card, Utility Bills (Electricity and Telephone Bill), Passport, etc.
Photographs	Recent passport size photographs

How to Open a Shamrao Vithal Co-Operative Bank Savings Account?

If you want to open any of the savings accounts from Shamrao Vithal Co-Operative Bank which are listed above, then you can do so by visiting the nearest SVC’s branch.

For any queries, you can also contact SVC Bank using below-mentioned phone banking numbers.

SVC Bank Phone Banking Numbers

SVC Bank provides you with 24X7 customer service, SVC Care. You can call them on their toll-free number: 1800-313-2120

Note: The information on this page may not be updated. Kindly refer to the bank website to check the latest information.