Janaseva Sahakari Bank Borivli

What Janaseva Sahakari Bank Borivli does

Janaseva Sahakari Bank Borivli is a member-owned cooperative bank headquartered at Aravalli Business Centre, Ramdas Sutrale Marg, Borivli (West), Mumbai, India. Established in 1982 and operating under RBI regulation with DICGC deposit insurance registration, the bank serves individual retail customers and non-individual/business customers in the Borivli and broader Mumbai catchment. Its operations are conducted through a single physical branch complemented by digital channels including net banking, mobile banking, SMS banking, and IVR.

The bank's product portfolio spans deposit products (Normal, Basic, and Smart Champ savings accounts; Normal and Platinum current accounts; multiple fixed deposit schemes branded Sukhakarta, Amrut Sanchay Yojana, Dhanasharee Yojana, Monthly/Quarterly Interest Deposit Schemes, and Recurring Deposits), a comprehensive retail and business lending suite (personal loans, housing loans under JANA NIWAS, vehicle loans, gold loans, educational loans under Vidya Vardhini, mortgage loans, Janaudyog business loans, cash credit, overdraft, Aatmanirbhar Scheme, top-up loans, LIC/KVP loans, business loans, bank guarantees, and letters of credit), and ancillary services (locker facility, insurance through corporate agency, RuPay debit cards via NPCI, e-statements, NEFT/RTGS, state tax payments, and a mobile banking app). Technology is described as a core banking system with conventional digital banking capabilities and no disclosed API, SDK, or platform architecture.

The revenue model is a classic spread-based banking model, deriving income primarily from net interest margin between lending rates (on retail, housing, vehicle, business, gold, educational, and mortgage loans) and deposit rates paid on savings, current, and fixed deposit accounts. Interest rate schedules for both loans and deposits are publicly disclosed on the bank's website. Go-to-market is direct-to-consumer through the Borivli branch and digital self-serve channels, with marketing conducted via the official website and social media platforms (Instagram, Facebook, Twitter, YouTube, LinkedIn). The cooperative ownership structure means there are no external shareholders, no parent company, and no disclosed funding rounds or external investment.

Name

Janaseva Sahakari Bank Borivli

Legal name

Janaseva Sahakari Bank LTD., Borivli

Website

https://janasevabank.in

Company type

Private

Founded year

1982

Operating status

Operating

Headcount range

11–50 employees

Short description

Janaseva Sahakari Bank Borivli is an RBI-regulated cooperative bank in Mumbai offering savings accounts, fixed deposits, retail and business loans, locker services, and digital banking to individuals and small enterprises in the Borivli region.

Ownership category

akta.pro rank

Product category

Cooperative Banking

NAICS

Commercial Banking (522110), Savings Institutions and Other Depository Credit Intermediation (522180)

SIC

State Commercial Banks (6022), Savings Institutions, Not Federally Chartered (6036)

akta.pro primary industry

SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)

akta.pro secondary industry

SBA/Government-Backed & Development Finance Loans (FSAKAGAI)

Keywords

• Cooperative banking services
• Retail banking products
• Consumer lending solutions
• Fixed deposit schemes
• Digital banking channels

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Interest Income: The primary revenue stream is the interest spread between lending rates on loans (retail, housing, vehicle, business, gold, educational, mortgage loans) and deposit rates on savings, current, and fixed deposit accounts.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels2 records

Core offering

Janaseva Sahakari Bank Borivli is a cooperative bank that accepts deposits (savings accounts, current accounts, and fixed/recurring deposit schemes) and extends loans (retail, personal, housing, vehicle, education, mortgage, gold-backed, business, and working capital credit facilities) to individuals and businesses. It also provides ancillary banking services including locker facilities, insurance products, RuPay debit cards, NEFT/RTGS transfers, and digital banking channels (net banking, mobile banking, SMS banking, IVR) primarily serving the Mumbai region.

Product overview

Janaseva Sahakari Bank Borivli is a cooperative bank offering a comprehensive suite of banking products and services to individuals and businesses in the Mumbai region. The bank's product portfolio consists of deposit products (savings accounts including Normal, Basic, and Smart Champ variants; current accounts including Normal and Platinum tiers; and fixed deposit schemes including Sukhakarta, Amrut Sanchay Yojana, Dhanasharee Yojana, Monthly/Quarterly Interest Deposit Schemes, and Recurring Deposits), lending products (retail loans, personal loans, housing loans branded as JANA NIWAS, vehicle loans, loans against gold, educational loans branded as Vidya Vardhini, mortgage loans, business loans through Janaudyog Scheme, cash credit limits, overdraft facilities, Aatmanirbhar Scheme loans, top-up loans, LIC/KVP loans, bank guarantees, and letters of credit), and banking services (locker facilities, insurance services, RuPay debit cards, SMS banking, net banking, e-statements, NEFT/RTGS fund transfers, state tax payments, IVR banking, and mobile banking application). The bank operates as a traditional cooperative banking institution with no apparent platform architecture or API-based services.

Differentiator

Problem solved

Functional benefit

Products and services

• Normal Savings Account

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• DICGC (Deposit Insurance and Credit Guarantee Corporation)coreOthersJanaseva Sahakari Bank is registered with DICGC, which provides deposit insurance coverage to protect depositors' savings in case of bank failure.
• NPCI (National Payments Corporation of India)coreTechnology or IntegrationBank offers RuPay Debit Cards through NPCI infrastructure, enabling card payments and ATM withdrawals for customers.
• RBI (Reserve Bank of India)coreOthersThe bank operates under RBI regulation as a cooperative bank, adhering to regulatory guidelines and banking standards.

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Direct peers

• Shamrao Vithal Co-operative Bank (SVC Bank): Mumbai-based cooperative bank with extensive multi-branch presence offering deposits, retail loans, and SME banking — directly comparable cooperative bank competing for the same Mumbai customer segments.
• Janata Sahakari Bank (Pune): Maharashtra-based cooperative bank offering deposits, retail loans, and SME financing products similar to Janaseva — comparable cooperative banking peer within the same Indian state regulatory framework.
• New India Co-operative Bank: Mumbai-headquartered cooperative bank providing similar retail deposits, loans, and digital banking services — directly comparable peer in the same cooperative banking category serving Mumbai customers.
• Thane Bharat Sahakari Bank: Maharashtra cooperative bank in the Mumbai metropolitan region offering savings, deposits, and retail/SME loans — comparable regional cooperative bank peer competing in adjacent Mumbai-area geography.
• Parsik Janata Sahakari Bank: Maharashtra-based cooperative bank with similar product offerings including savings, fixed deposits, and personal/business loans — comparable cooperative banking peer serving the broader Mumbai metropolitan region.
• Abhyudaya Co-operative Bank: Mumbai-headquartered cooperative bank offering similar full-service deposit and lending products to retail and SME customers in the Mumbai metropolitan region, directly comparable as a same-city cooperative peer.
• Bharat Cooperative Bank (Mumbai): Major Mumbai cooperative bank with a multi-branch network offering savings, current, fixed deposits, and a wide retail/SME lending portfolio — directly comparable in product mix and customer base.

Broad incumbents

• ICICI Bank: Major Indian private-sector bank with extensive Mumbai branch and digital network offering deposits, personal loans, mortgages, and SME banking — a broader incumbent competitive with Janaseva on product breadth and digital UX.
• HDFC Bank: India's largest private-sector bank with dominant Mumbai presence offering full-service retail and SME banking — a broader incumbent competing for the same deposit and lending customers with greater scale and digital capability.
• State Bank of India (SBI): India's largest public-sector bank with pervasive Mumbai presence offering the full banking suite including DICGC-equivalent government-backed deposits — a dominant incumbent competitor in retail and SME segments.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/janaseva-sahakari-bank-borivli-ltd

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Janaseva Sahakari Bank Borivli