SVC Bank, formerly known as The Shamrao Vithal Co-operative Bank Ltd., a multi-state scheduled bank in India, has tied up with Axis Securities to deliver comprehensive trading and investment solutions to customers while advancing the Bank’s next-generation financial capabilities.
This partnership will facilitate a 3-in-1 account which will offer access to savings, demat and trading accounts to its customers. This offering enables customers to bank digitally and invest in the stock market through their SVC Bank account. SVC Bank and Axis Securities have worked collaboratively to provide an easy-to-use platform and all of the tools necessary to perform financial transactions efficiently and quickly. Additionally, the purpose of this partnership will create a simple, fast, and efficient way for customers to utilize both their banking and investing services
As SVC Bank strives to be a complete financial services provider, the bank will provide its customers with a wide variety of banking and investment options through this partnership with Axis Securities. Customers will have the ability to access their banking services at any one of SVC Banks’ multiple branches and online, while using advanced trading platforms offered by Axis Securities to invest.
Through this collaboration, SVC Bank customers will gain access to Axis Securities’ wide range of investment solutions, including innovative brokerage plans, advanced trading platforms, and premium research services, enabling them to make more informed investment decisions and grow their financial portfolios, while Axis Securities will benefit from access to SVC Bank’s customer base and a deeper presence across key geographies.
On this collaboration, Mr. Ravinder Singh, Managing Director, SVC Bank, stated: “Our commitment has always been to deliver value-oriented, financially relevant products & services to our clients. This unique opportunity to collaborate with Axis Securities provides us an opportunity to expand our product suite to our clients beyond traditional banking services and provide them with a simple & safe way to participate in capital markets. This ‘3 in 1’ account will enhance client convenience and access to invest tremendously. As we strengthen our digital and investment capabilities, this partnership is a natural step towards building a more comprehensive financial services offering for our customers.”
Commenting on the partnership, Pranav Haridasan, MD & CEO, Axis Securities, said: “Our collaboration with SVC Bank marks a strong step towards widening access to smart investing solutions. By combining the Bank’s trusted customer franchise with our digital-first platforms, robust research, and diverse product suite, we aim to empower more investors to participate confidently in the markets. We see this as a partnership focused on long-term value creation for customers.”
Continuing its commitment to a customer-first focus, SVC Bank is expanding its lending capability and innovation in deposit and digital banking products. This strategic partnership with Axis Securities reaffirms its objectives of providing clients with a comprehensive suite of finance and insurance-based services.
About SVC
Set up in 1906, SVC Bank is a 119-year-rich institution that has contributed significantly to the development of the co-operative movement in India for over a century. Today, the Bank is one of the oldest and most recognised names in the country’s co-operative banking space. SVC is a Multi-State Scheduled Co-operative Bank with its presence across 10 States & 1 Union Territory – Maharashtra, Karnataka, Goa, Gujarat, Rajasthan, Delhi, Haryana, Madhya Pradesh, Andhra Pradesh, Telangana and Tamil Nadu. Total Business of the Bank is at Rs. 43,693 Crores as on March 31, 2026 and Net Profit stands at Rs. 205 Crores. Gross NPA stood at 2.69% while Net NPA stood at 0.96%. Time and again, the Bank has proven its strong fundamentals and efficiency parameters.
Headquartered in Mumbai, the Bank has a vast network of 203 branches, 220 ATMs and an employee strength of over 2,500. The Bank offers the entire gamut of services across Retail, Corporate and International Banking.
The Bank’s performance and innovation have been recognised through several recent industry awards.
- SVC Bank was honoured with the ‘Leading Bank Award’ in Category Tier IV at the 10th All India Co-operative Banking Summit & Awards 2026, conducted on May 8th & 9th, 2026, in Pune.
- The Bank was awarded Best Urban Co-operative Bank, Best Cyber Security Initiative and Digital Banking Innovation of the Year at the 3rd Rashtriya Urban Cooperative Banking Summit & Awards 2026.
- SVC Bank received three distinguished recognitions at IBA’s Annual Banking Technology Conference, Expo & Citations 2024-25, conducted on January 9th, 2026 in Mumbai: Best Fintech & DPI Adoption (Winner) in the Co-operative Sector Banks category, Best Tech Talent (Winner) in the Co-operative Sector Banks category and Best Technology Bank (Special Mention) in the Co-operative Sector Banks category.
- The Bank was awarded the Leader Award at the 9th All India UCB Summit & Awards, 2025, the Best HR Transformation and Best Audit Transformation Awards at the FCBA Awards 2025, and the Gold Award for the Bank’s Wall Calendar for the Year 2025 & Consolation Award for the Bank’s Annual Report F.Y. 2024-25, at the 15th PRCI Excellence Awards 2025. In addition, earlier honours include the Banco Blue Ribbon 2024 Award for excellence in the Urban Co-operative Bank category.
Other notable mentions:
- The Bank was also felicitated at the Rashtriya Coop Samman Samaroh 2025 with the titles of Best Urban Co-operative Bank, Best Multi-State Urban Co-operative Bank and Best Chairperson of the Year awarded to Shri. Durgesh Chandavarkar.
- SVC Bank was recently awarded the prestigious ‘Most Innovative CFO’ Award at the Silver Feather Awards 2025 – 6th Edition and ET Now’s “Best Organisations to Work 2025”. These accolades reflect the Bank’s leadership in co-operative banking, commitment to technology and people, and its role in advancing financial inclusion.
SVC Bank website: www.svc.bank.in
About Axis Securities
Axis Securities Limited (ASL) is a proud subsidiary of Axis Bank – India’s 3rd largest private sector bank. With a robust branch network across India, ASL offers retail broking services under its flagship brand Axis Direct (www.axisdirect.in). Axis Direct engages in offering simplified investment solutions to customers. It offers a bouquet of investment products to its customers e.g. Equities, Mutual Funds, SIPs, IPOs, Derivatives, Bonds, NCDs, ETFs, and Company Fixed Deposits. With over 5 million customers, Axis Direct is one of the fastest-growing players in the industry.
