Gayatri Bank

What Gayatri Bank does

The Gayatri Co-Operative Urban Bank Ltd (operating as Gayatri Bank) is a member-owned cooperative urban bank headquartered in Jagtial, Telangana, India, regulated by the Reserve Bank of India under the Banking Regulation Act 1949 and Multi State Cooperative Societies Act 2002. The bank has operated for over 25 years and serves retail customers, small businesses, farmers, students, women, and financial inclusion beneficiaries across Telangana and Andhra Pradesh through 81 physical branches and 200+ Business Correspondent/Common Service Center (BC/CSC) points, with stated density of one BC center per approximately 2,000 population. Its product portfolio spans eight savings and current account variants (Nirbhaya, Pariwar, Current, Vidyarthi, Suraksha, PMJDY, Saving Institution, and Raksha), multiple deposit schemes (fixed, recurring, bulk, lockers, Ujjwala), and a diversified loan book covering gold loans (four variants), business and mortgage credit (Saral CC, Mortgage CC, SOD Against Property, Overdraft CC up to Rs. 500 lakh), agricultural loans (Kisan Mitra TL/CC), housing loans, and loans against LIC/NSC/KVP bonds.

The bank runs on Core Banking Solutions (CBS) for centralized operations and delivers digital services through a proprietary Gayatri Mobile Banking app (Android/iOS), a Tollfree missed-call banking service, UPI integration with Google Pay, PhonePe, Paytm, WhatsPay, and Airtel via NPCI rails, AePS biometric banking at BC/CSC points, BBPS bill payments, Micro ATM, and Card e-Lock security features. Revenue mechanics are conventional: net interest income from the lending book (mortgage rate 13.00% p.a., overdraft rate 11.00% p.a.), transaction and service fees on ATM cards, cheque processing, locker rentals, NACH registration, and insurance distribution commissions (including Rs. 28.50/year accidental cover on Nirbhaya accounts underwritten by National Insurance Company). Deposit insurance is provided by DICGC up to Rs. 5 lakh per depositor. The bank is privately held as a cooperative, with no disclosed PE/VC funding, subsidiaries, or M&A activity in the input data.

Name

Gayatri Bank

Legal name

The Gayatri Co-Operative Urban Bank Ltd

Website

https://gayatribank.in

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Gayatri Bank is a member-owned cooperative urban bank headquartered in Jagtial, Telangana, operating 81 branches and 200+ BC/CSC points across Telangana and Andhra Pradesh. It provides savings accounts, deposits, gold/agricultural/mortgage/business loans, and digital banking (mobile app, UPI, AePS) to retail, farmer, and small-business customers.

Ownership category

akta.pro rank

Product category

Cooperative Urban Banking

NAICS

Credit Unions (522130), Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Cooperative Banks (Member-Owned Commercial/Retail) (FSABAEAF)

akta.pro secondary industries

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA), Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI), Financial Inclusion & Basic Banking (Unbanked/Underbanked, Low-Fee Accounts) (FSABAAAL)

Keywords

• Cooperative urban banking
• Retail savings accounts
• Gold and mortgage loans
• Financial inclusion banking
• Mobile and UPI banking

Headquarters

HQ city

Jagtial

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income from Loans: Primary revenue stream from lending activities including gold loans, mortgage loans, business loans, agriculture loans, and housing loans. Interest rates vary by product type.
2. Fee-based Services: Charges for various banking services including ATM card issuance and maintenance, cheque processing, account services, locker rentals, NACH registration, and remittance services.
3. Deposit Taking: Acceptance of savings deposits, fixed deposits, recurring deposits, and current account deposits. Deposits are insured up to Rs. 5 lakh through DICGC.
4. Insurance Distribution: Revenue from accidental insurance coverage on Nirbhaya Saving Accounts (Rs. 28.50 per year) and PMJJBY/PMSBY scheme enrollment.

Pricing tiers

Distribution channels5 records

Marketing channels6 records

Core offering

Gayatri Bank is a cooperative urban bank offering savings accounts, current accounts, fixed and recurring deposits, safe deposit lockers, gold-backed loans, mortgage and business loans, agricultural loans, and housing loans to retail customers, small businesses, and farmers. Banking services are delivered through 81 physical branches, 200+ BC/CSC rural points, a mobile banking app, missed-call tollfree banking, and UPI/AePS digital rails. The bank specializes in financial inclusion via zero-balance accounts and RBI-regulated cooperative banking.

Product overview

Gayatri Bank is a Co-operative Urban Bank providing a comprehensive suite of banking products and services through both physical branch network (81 branches primarily in Telangana and Andhra Pradesh) and digital channels. The product portfolio includes eight savings/current account variants (Gayatri Nirbhaya, Pariwar, Current, Vidyarthi, Suraksha, PMJDY, Saving Institution, and Raksha accounts), six deposit products (Fixed Deposits with multiple interest payout options, Recurring Deposits, Bulk Deposits, Safe Deposit Lockers, and specialty schemes), and diverse loan products spanning gold loans (Gayatri Gold Loan, Janatha Gold Loan, Unnathi Gold Loan, Saral Unnathi Gold Loan), business financing (Saral CC, Mortgage CC, SOD Against Property, Overdraft CC), mortgage loans (Saral Term Loan, Mortgage Term Loan, Saral Asara Loan), agricultural loans (Kisan Mitra TL, Kisan Mitra CC), and housing loans (Residential and Commercial). Digital services are delivered through Gayatri Mobile Banking app (Android/iOS), Gayatri Tollfree Banking (missed-call service), UPI services (integrated with Gpay, PhonePe, Paytm, WhatsApp, Airtel), BBPS bill payments, AEPS, Micro ATM, BC/CSC points network, and card management features including e-Lock security.

Differentiator

Problem solved

Functional benefit

Products and services

• Gayatri Nirbhaya Saving Account Savings account for individuals aged 18-60 with Rs. 2 lakh accidental insurance coverage (Rs. 28.50/year premium through National Insurance Company), free NEFT/RTGS, unlimited free cheque collection, SMS alerts, mobile banking, and UPI/AePS access. Minimum balance Rs. 550 (without cheque book) or Rs. 1,100 (with cheque book/ATM card/mobile banking).
• Gayatri Pariwar Account Zero-balance family savings account for individuals aged 18+ with ATM card and IMPS facility at Rs. 1,000 minimum balance; original KYC documents required.
• Gayatri Current Account High-volume transactional current account for professionals, traders, and businesses with pay orders, demand drafts, free email statements, personalized cheque book, and immediate debit card issuance. Minimum Average Quarterly Balance Rs. 1,100.
• Gayatri Vidyarthi Account Zero-balance savings account for students aged 10+ (guardian mandatory if minor) with student ID and KYC required; RBI- and CBS-compliant secure banking.
• Gayatri Suraksha Account Secured savings account enabling enrollment in central government insurance schemes PMJJBY and PMSBY with premiums per scheme guidelines approved by the central government.
• Gayatri PMJDY Savings Account Zero-balance financial-inclusion account for Indian residents under PMJDY scheme with Aadhaar-based EKYC, optional PAN, and no hidden charges.
• Gayatri Saving Institution Account Savings account tailored for registered institutions, NGOs, and societies with pay orders, demand drafts, SMS alerts, and free email statements; registration documents, resolution, PAN, and KYC of signatories required.
• Fixed Deposits Term deposit scheme with FD (Rs. 1,000 minimum, 15-365 days), Reinvestment FD with quarterly cumulative interest, Monthly/Quarterly/Yearly Interest Payable variants; senior citizens get an additional 0.50% p.a. with no maximum limit.
• Recurring Deposits Recurring deposit scheme allowing regular smaller deposits at intervals with interest rates comparable to fixed deposits; minimum deposit Rs. 100 per month.
• Bulk Deposits Deposit scheme for large sum investments with negotiated interest rates for bulk amounts.
• Safe Deposit Lockers Safe deposit locker/vault services at most branches with annual rent based on locker size (Classic Rs. 500 one-time + Rs. 100 p.a. envelope; Large Rs. 1,000 p.a.). Advance of Rs. 10,000 + 3 years rent required; KYC mandatory, not available for minors.
• Gayatri Gold Loan Gold loan product securing funds against gold jewelry with competitive interest rates, flexible repayment options, and nil processing charges with quick disbursement.
• Gayatri Janatha Gold Loan Gold loan variant designed for common people with simplified processing and accessible terms.
• Gayatri Unnathi Gold Loan Gold loan product tailored for customer growth and development with product-specific features.
• Gayatri Saral Unnathi Gold Loan Streamlined gold loan product with quick processing and competitive rates for borrower convenience.
• Gayatri Saral CC Loan Cash credit loan providing overdraft facility against current account for business working-capital needs.
• Gayatri Mortgage CC Loan Mortgage-backed cash credit loan combining property security with overdraft facility for business financing.
• SOD Against Property Secured overdraft facility against immovable property for business or personal financial needs.
• Overdraft (CC) Overdraft facility for business working-capital needs with limit up to Rs. 500 lakh, interest rate 11.00% p.a., nil processing fees, secured by hypothecation of stocks and receivables with mortgage of immovable property as collateral. 1-year term with yearly renewal.
• Gayatri Saral Term Loan Term loan for business development and personal needs; eligibility for partnership firms, companies, individuals, businessmen, government employees, and IT assessees aged 21-60.
• Gayatri Mortgage Term Loan Mortgage-backed term loan at 13.00% p.a. for business or personal needs; loan eligibility up to four times annual income for business purposes, maximum 120 EMI repayment period.
• Gayatri Saral Asara Loan Term loan product designed for senior citizens or specific target groups with tailored repayment options.
• Kisan Mitra TL Agriculture term loan supporting farmers with crop-growing demand and agricultural investment needs.
• Kisan Mitra CC Agriculture cash credit facility for farmers providing flexible access to funds for agricultural operations.
• Housing Loan Home loan for purchasing or constructing a house with competitive interest rates and flexible tenure.
• Commercial Housing Loan Loan for commercial property purchase or construction with terms suited to business needs.
• Normal Loan on NSC/KVP Loan product secured against National Savings Certificate (NSC) and Kisan Vikas Patra (KVP) bonds for personal or business financing.
• LIC Loans Loan product secured against Life Insurance Corporation (LIC) policy surrender value or assignment.
• SOD Against LIC/NSC/KVP Bonds Secured overdraft facility against LIC policies, National Savings Certificate, or Kisan Vikas Patra bonds.
• Loan Against Rent Receivables Loan product secured against rental receivables for property owners and small businesses.
• Gayatri Mobile Banking Mobile banking application offering account access, fund transfers via IMPS/NEFT/RTGS, balance enquiry, QR code scanning, BBPS bill payments, FD creation, Card e-Lock, and e-statements. Available on Google Play and Apple App Store.
• Gayatri Tollfree Banking Missed-call banking service providing account balance enquiry, mini statement, loan enquiry, FD booking, chequebook request, card hotlisting, NEFT transfer, and Card e-Lock functionality via SMS without requiring internet connectivity.
• UPI Services Unified Payments Interface service enabling instant bank-to-bank fund transfers, bill payments, and merchant payments via mobile number, account number, or virtual payment address (VPA) through Google Pay, PhonePe, Paytm, WhatsApp, and Airtel applications.
• BBPS Services Bharat Bill Payment System service through Mobile Banking for utility bills, credit card bills, and other recurring bill payments.
• AEPS Services Aadhaar Enabled Payment System enabling banking transactions using Aadhaar number and fingerprint authentication at BC/CSC points and micro ATMs.
• Micro ATM Micro ATM service through Business Correspondents for cash withdrawal, deposit, and balance enquiry using Aadhaar authentication.
• Gayatri BC/CSC Points Business Correspondent/Common Service Center banking points providing banking services at village level, with one BC center per approximately 2,000 population covering locations across Telangana and Andhra Pradesh.
• Card e-Lock Feature Self-service security feature allowing customers to enable or disable their debit card for ATM withdrawals, POS, and e-commerce transactions through tollfree number or mobile app, with 10-minute activation window.
• NEFT/RTGS Services National Electronic Fund Transfer (NEFT) and Real Time Gross Settlement (RTGS) services for instant and scheduled inter-bank fund transfers.
• ATM & Recycler Services ATM services including cash withdrawal, balance enquiry, PIN generation (Green PIN), and cash deposit through recycler machines. Classic card daily limit Rs. 25,000; Platinum card daily limit Rs. 1 lakh; maximum 10 transactions per day.
• Debit Card Services Debit card issuance with Classic (Rs. 150 + GST issuance, Rs. 300 + GST annual fee) and Platinum (Rs. 225 + GST issuance, Rs. 250 + GST annual fee) variants; free cash withdrawal at Gayatri Bank ATMs and up to 5 free transactions per month at other bank ATMs.
• DBT (Direct Benefit Transfer) Services Direct Benefit Transfer (DBT) services enabling government subsidies and benefit payments to be disbursed into bank accounts.
• NACH Credit & Debit National Automated Clearing House (NACH) credit and debit mandate registration and processing services for recurring payments.
• Kiosk Banking Self-service kiosk banking services at branch and BC/CSC locations for basic transactions such as balance enquiry, deposits, and withdrawals.
• e-Statements Electronic account statement delivery via email and mobile banking, replacing paper passbook updates.
• Ujjwala Deposit Scheme Targeted deposit scheme aimed at supporting women's financial inclusion and savings under the Ujjwala program framework.

Quantifiable outcome

• Over 25 years of successful banking operations
• +2 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• National Insurance Company LimitedcoreOthersInsurance partner providing accidental death insurance coverage of Rs. 2 lakh for Gayatri Nirbhaya Saving Account holders. Policy covers individuals aged 18-60 years with premium of Rs. 28.50 per year. Claims are settled directly by National Insurance Company subject to policy terms.
• National Payments Corporation of India (NPCI)coreTechnology or IntegrationTechnology integration partner enabling UPI payments, AePS services, IMPS fund transfers, and other digital payment services. Gayatri Bank supports UPI on platforms including Google Pay, PhonePe, Paytm, WhatsApp, and Airtel.
• Deposit Insurance and Credit Guarantee Corporation (DICGC)coreOthersWholly-owned RBI subsidiary providing deposit insurance coverage up to Rs. 5 lakh per depositor. Protects depositors against bank failures as per Deposit Insurance Act 1961.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Kalyan Janata Sahakari Bank: Cooperative urban bank with strong regional presence, offering deposits, gold loans, and digital banking services comparable to Gayatri's product mix.
• SVC Co-operative Bank: Multi-state scheduled cooperative urban bank offering deposits, retail loans, and digital services. Directly comparable in product portfolio and cooperative urban bank positioning.
• Shamrao Vithal Cooperative Bank (SVC Bank): Scheduled multi-state cooperative bank offering deposits, loans, and digital services with similar cooperative structure and regional footprint.
• Saraswat Cooperative Bank: Major cooperative bank in Maharashtra with extensive branch network, gold loan expertise, and digital banking services. Closely comparable in cooperative structure, gold loan focus, and tier-2/3 market strategy.
• Abhyudaya Co-operative Bank: Cooperative urban bank headquartered in Mumbai with extensive branch network and full retail banking services. Directly comparable as a cooperative urban bank in the Indian banking ecosystem.
• TJSB Sahakari Bank: Maharashtra-based cooperative bank with multi-state branch network and comprehensive retail banking. Closely comparable in scale, governance structure, and target segments.
• NKGSB Cooperative Bank: Scheduled cooperative urban bank offering similar retail banking products with multi-state branch network and digital capabilities.
• The Cosmos Co-operative Bank: One of India's largest cooperative urban banks with multi-state branch network offering deposits, loans, and digital banking. Directly comparable as a cooperative urban bank with branch-led distribution and full retail banking product suite.

Emerging players

• Equitas Small Finance Bank: Small finance bank with comparable focus on financial inclusion, micro-banking, and serving underserved segments in tier-2/3 Indian markets. Competes with cooperative urban banks for similar deposit and small-ticket loan customers.
• Ujjivan Small Finance Bank: Small finance bank focused on financial inclusion, microfinance, and branch-led banking in semi-urban and rural India. Comparable customer segments (micro-borrowers, unbanked) and distribution approach.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/gayatri-bank

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 Gayatri Bank