Sahebrao Deshmukh Cooperative Bank Limited

Sahebrao Deshmukh Cooperative Bank Limited., earlier known as Shramik Sahakari Bank Ltd was created to help the poor people and make them independent. We have 14 branches and some ATM with head office at Sakinaka in Mumbai. We offer various services like the Debit Card, Personal Loans, Mobile banking, Online banking, Email alerts, Recovery, NEFT, Property Loans, Bill Payments, E- Statements, RTGS, and the Educational Loans.

Factsheet of Sahebrao Deshmukh Cooperative Bank Limited
Bank NameSahebrao Deshmukh Cooperative Bank Limited
Founded inFeb. 11, 1973
Promoters/foundersLate Shri Sahebraoji Deshmukh
Headquarter Address

Sahebrao Deshmukh Co-operative Bank Limited
103, Trade Corner
Sakanaka Junction
Andheri (East)
Mumbai - 400072
Maharashtra

Employee'sNA
Type of BankCo-operative Bank
Official Websitehttps://www.sdcbank.in/
Customer Care Number022-28520369, 022--28528714

History of Sahebrao Deshmukh Cooperative Bank Limited

Sahebrao Deshmukh Cooperative Bank Limited was set up on February 11, 1973 by Mr. Sahebraoji Deshmukh and he was honest and diligent person willing to create and reach new zenith in the professional life. The branch opened with the head office located at Sakinaka in Mumbai city of Maharashtra. We believe in offering lot of Core banking and other associated solutions to the customers in Maharashtra state. Since its inception 41 years ago, we are good in offering the core banking and computerised banking solutions to the needy. 

After the death of Sahebrao Deshmukh in 2005, the board members decided to change the name of the bank from Shramik Sahakari Bank Limited to Sahebrao Deshmukh Cooperative Bank Limited. They submitted the request to the Reserve Bank of India and now it is known as SDC. 

Shri Bipin Kudtarkar is the Chairman of the Sahebrao Deshmukh Cooperative Bank Limited. 

Banking Services offered by Sahebrao Deshmukh Cooperative Bank Limited

There are various banking services that are offered by the Sahebrao Deshmukh Cooperative Bank Limited and they are:

  • Core Banking.
  • Term Deposit.
  • SMS Banking.
  • Savings Account
  • Current Account.
  • Internet Banking.
  • E-Tax Collection.
  • Savings Deposit.
  • Current Deposits.
  • Insurance Service.
  • Gold Loan Scheme.
  • Solvency Certificate.
  • NRI Banking Service.
  • Senior Citizen Service.
  • Safe Deposit Lockers.
  • Money Transfer Service.
  • NEFT and RTGS Services.
  • Personalised Cheque Facility.
  • Issuance of Inland Letter of Credits.
  • Personalised Bank Passbook Services.
  • Registering for the Government Schemes like PMSBY and the Atal Pension Yojana and PMJDY.

Loans and credit facilities provided by Sahebrao Deshmukh Cooperative Bank Limited

There are many credit and loan related facilities that are offered by the Sahebrao Deshmukh Cooperative Bank Limited and they are:

  • Term Loan.
  • Gold Loans.
  • Housing Loan.
  • Personal Loan.
  • Education Loan.
  • Business Loans.
  • House Repair Loan.
  • Over draft facilities.
  • Cash Credit Service.
  • Loan Against Property.
  • Loan Against Securities.
  • Changing Credit Card Limit.

Sahebrao Deshmukh Cooperative Bank Limited has 18 IFSC connected branches in India. Bank has branches in following states:

  • MAHARASHTRA

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