Foundation Day highlights launch of Bharat Vishwas FD, Griha Samriddhi housing loan, and Vanita Udyami business loan for women
MUMBAI | August 22, 2025 — Bharat Co-operative Bank (Mumbai) Ltd., one of India’s leading multi-state scheduled co-operative banks, celebrated its 47th Foundation Day by unveiling redesigned financial products aimed at strengthening savings, supporting home ownership, and empowering women entrepreneurs.
New Offerings with Social Impact
At the core of the announcement were three initiatives that align with Bharat Bank’s mission of “banking with purpose”:
Bharat Vishwas Fixed Deposit: Offering 7.65% ROI for senior citizens and 7.15% ROI for general customers over 499 days, this product is designed to reward disciplined saving while ensuring safe and diversified investments.
Griha Samriddhi Housing Loan: Reintroduced with reduced charges and an increased loan limit of up to ₹3 crore, easing the financial journey for families aspiring to own a home.
Vanita Udyami Business Loan: Exclusively tailored for women entrepreneurs, featuring attractive interest rates, simplified documentation, and faster approvals to help women build or expand their businesses.
Banking Beyond Transactions
Reflecting on its four-decade journey, the management reaffirmed Bharat Bank’s vision of being an institution of trust built “by the people and for the people.” The bank emphasized that its role goes beyond offering financial services—it is about enabling dreams, uplifting communities, and fostering inclusive growth.
“Banking must serve a larger purpose—of easing burdens, enabling dreams, and uplifting society,” the management noted. The redesigned products highlight Bharat Bank’s philosophy of creating a real social impact, supporting national initiatives, and contributing to India’s economic progress.
A People’s Bank
From helping families in times of need to supporting entrepreneurs in their early struggles, Bharat Bank has consistently worked to bridge the gap between aspiration and achievement. On its Foundation Day, the bank reaffirmed its guiding principle: banking should not merely be about transactions, but about transforming lives.
About Bharat Co-operative Bank (Mumbai) Ltd.
Founded in 1978, Bharat Bank is a multi-state scheduled co-operative bank headquartered in Mumbai. With a legacy of trust and service spanning more than 47 years, the bank offers a wide range of retail and business banking solutions, guided by its mission to combine financial strength with social responsibility.
