Welcome to Sir M. Vishweshwaraiah Sahakar Bank Niyamitha
Management Team
Shri Sharanabasappa Darshanapur
Founder President
Shri Sharanabasappa Darshanapur, the Founder President, founded Sir M. Vishweshwaraiah Sahakar Bank Niyamitha with a vision to strengthen cooperative banking. His leadership has been key in fostering financial growth for the community. His commitment continues to inspire the bank’s ongoing success.
Shri Jayaraj B. Patil Okal
Vice President , BE
“Shri Jayaraj B. Patil Okal, the Vice President, plays a crucial role in the leadership of Sir M. Vishweshwaraiah Sahakar Bank Niyamitha, contributing to its mission of enhancing cooperative banking. His dedication to fostering financial inclusivity has significantly impacted the community, inspiring the bank’s ongoing growth and success.”
Shri S B Punneshetty
Chief Executive Officer ,B.Sc. GDC., M.Β.Α.
Shri S B Punneshetty, the Chief Executive Officer of Sir M. Vishweshwaraiah Sahakar Bank Niyamitha, has been instrumental in the bank’s success. His strategic leadership fosters growth in cooperative banking. His dedication continues to inspire excellence and progress.
Rate of Interest on Deposit
| Tenure | General | Senior Citizen |
|---|---|---|
| 15 Days to 45 Days | 5.25% | 5.25% |
| 46 Days to 90 Days | 6.25% | 6.75% |
| 91 Days to 180 Days | 7.25% | 7.75% |
| 181 Days to 365 Days | 7.50% | 8.00% |
| 1 Year to 2 Years | 8.10% | 8.60% |
| 2 Years to 3 Years | 8.25% | 8.75% |
| 3 Years to 4 Years | 8.40% | 8.90% |
| 4 Years to 5 Years | 8.50% | 9.00% |
Rate of Interest on Recurring Deposit
| Tenure | General | Senior Citizen |
|---|---|---|
| 1 Year | 7.00% | 7.50% |
| 2 Years | 7.50% | 8.00% |
| 3 Years | 7.80% | 8.30% |
| 4 Years | 8.00% | 8.50% |
| 5 Years | 8.10% | 8.60% |
Rate of Interest on Loans & Advances
| Loan Type | Rate of Interest (%) |
|---|---|
| Salary Loan | 14.00% |
| Vehicle Loan | 9.90% |
| Cash Credit / Overdraft | 13.50% |
| Housing Loan | 9.75% |
| Gold Loan | 9.70% |
| Mortgage Loan | 13.50% |
| Unsecured Loan | 14.00% |
Facilities Available
RTGS
NEFT
Demand Drafts
Pay Orders
Locker Facility
Nomination Facility
IFSC Code has been allotted
Your deposits are Insured