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Ab Anand Jeevan

This scheme is implemented only in certain identified Branches



  • Senior citizens of India who own self-acquired orinherited & self-occupied
    house property in India provided the title is clear and the property is free from any
  • Commercial property is not eligible under this scheme.

  • Above 60 years
  • Age of the spouse should be above 55 years

  • Medical, emergency expenditure for maintenance of family
  • For supplementing pension/other income
  • Meeting any other genuine needs.
 Loan amount

Minimum of Rs.5.00 lacs and Maximum Rs. 100.00 lacs. (subject to 90% of the realizable value of the property)

 Periodicity of availing Loan

  • Monthly / quarterly payments
  • Lump-sum payment

In case of lump-sum payment the following guidelines are to be observed:

  • The lump-sum payment is to be considered for special requirements like Medical exigencies, home improvement, maintenance, up-gradation, renovation, extension of residential property against which loan is being raised.
  • Lumpsum payments may be conditional and limited to medical exigencies. The maximum lumpsum payment shall be restricted to 50% of the total eligible amount of loan; subject to a cap of Rs. 15.00 lakhs or such other amounts as may be notified by the Government of India, to be used for medical treatment for self, spouse and dependants, if any. The balance loan amount would be eligible for periodic payments.
Repayment period

Maximum 15 years

Mortgage of residential property has to be registered.

No penalty for prepayment
 Processing fee

0.25% of the loan amount with a maximum of Rs.4000/- plus Service Tax.
Insurance and maintenance of house property

The property is insured for its full market value (excepting the value of site)
 Duties of the borrower

To submit Life Certificate periodically
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News & Events

Click here for Notice of Annual General Meeting and Record Date for Payment of Dividend

Waiver of processing charges in Housing Loans, Car Loans, Two wheeler loans, Consumer durables, Clean Loans for the festive season from 25.09.2014 to 31.12.2014

The existing customer grievance redressal mechanism would also cover the complaints relating to outsourcing

Use your Visa Debit Card for shopping in POS/Online within 3 months of card issuance & get 5% Cash back. Offer applicable to cards issued after December 2013,T&C Apply


You can now donate to Shri Saibaba Sansthan Trust, Shirdi through IMPS-Mobile Banking.

Form 15G/15H has to be submitted afresh at the beginning of each financial year to avail exemption/concession in TDS. Quoting of PAN is mandatory for availing such exemptions/concessions.

All our Banks cheques are payable at par henceforth. We request all our customers to surrender their old cheque books at their account branch and obtain CTS 2010 Standard Cheque books immediately.

We request all our customers who have issued postdated cheques for repayment of loan installments for loans availed by them to replace the old PDCs with new CTS 2010 Standard cheques.

Online Grievance Redressal System with Tracking

Online Applications for MSME and Retail Loans

Online Donations to charitable institutions through net banking

Online resetting of Internet Banking Login Password

Interbank transfer of Funds through Mobile Banking using IFSC code

As per RBI mandate, cash retraction facility is discontinued from our ATMs. Do not forget to collect cash before leaving ATM room.

Any customer of SB/Current Account group could walk in to any branch of the Bank to deposit money in his/her account maintained at any branch and there will be no charges on this for any amount.

Fictitious Offers of Cheap funds from abroad - Awareness Campaign - List of Nodal Agency (Cyber Crime Cell / Economic Offence Wing)

Complain to Local Police/Cyber Crime Authorities against Fictitious Offers of Money from Abroad

PPF and SCSS schemes

Do Not fall Prey to Fictitious Offers of Funds Transfer

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