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DEEP LAXMI Savings Account
"DEEP LAXMI" Savings Account Scheme for females in all age group with interest rate of 4.25%
Addnl 0.25% int on all types of FD for all females
Additional 0.25% Interest to All Term Deposit Schemes of various maturities where First name of Deposit holder is Females
Mobile Banking Successfully Launched

Service Tax 14% w.e.f. 1st June 2015
Service Tax has been revised from existing 12.36% to 14% w.e.f. 1st June 2015.
Pradhan Mantri Suraksha Bima Yojana
Entered MOU with The New India Assurance Co. Ltd. for implementation of PMSBY
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
We are in the process of entering MOU with LIC of India for implementation of PMJJBY.
Opening One More New Branch
On 25/04/2015 we received an intimation of approval for opening one more branch. The place of the new branch will be decided shortly.
Election of Board of Directors
The results of election of Board of Directors are declared on 22/05/2015 and Honorable Directors Mr. S.V. Bhalerao & CA Mrs C.U. Kulkarni have been elected as Chairman & Vice Chairperson of the Bank.
Colaba Soccer League Tournaments
On 25/04/2015, Our Chairman Shri. K.N. Pawle set rolling the soccer (Football) tournaments under Colaba Sports League on the lines of IPL T20 Cricket for boosting & popularising "Football".
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