Shivalik Small Finance Bank

Small Finance Bank Sector

“Your Cooperative, Now a Bank”

Shivalik Small Finance Bank, headquartered in Saharanpur, Uttar Pradesh, is India's first urban cooperative bank to successfully convert into a small finance bank, commencing commercial banking operations in April 2021 after receiving the SFB license from the RBI. Built on the 25-year foundation of Shivalik Mercantile Co-operative Bank, Shivalik SFB brings to the table the trust and community relationships of a cooperative bank combined with the regulatory robustness and product breadth of a commercial bank. The bank serves retail customers, traders, SMEs, and agricultural borrowers primarily in western Uttar Pradesh, Uttarakhand, and Delhi NCR — a region with a large population of artisans, weavers, traders, and micro-entrepreneurs. Shivalik SFB offers savings accounts, fixed deposits, recurring deposits, personal loans, business loans, gold loans, home loans, vehicle loans, and government-linked financial products. Its fixed deposit rates are among the most competitive in the SFB segment, making it attractive to retail savers. Shivalik SFB is DICGC insured and RBI regulated, ensuring the safety of depositor funds. The bank's digital capabilities include mobile banking and internet banking. As a pioneering institution in the co-op to SFB conversion journey, Shivalik SFB offers a unique blend of community banking ethos and modern financial services — a compelling banking choice for customers in western Uttar Pradesh and NCR.