“ಧರ್ಮದಿಂದ ಹೊಸತನ್ನು ಸಂಪಾದಿಸಬೇಕು, ಸಂಪಾದಿಸಿದ್ದನ್ನು ಪ್ರಯತ್ನದಿಂದ ರಕ್ಷಿಸಬೇಕು, ರಕ್ಷಿಸಿದ್ದನ್ನು ನ್ಯಾಯರೀತಿಯಲ್ಲಿ ಹೆಚ್ಚಿಸಬೇಕು, ಹಾಗೆ ಹೆಚ್ಚಿಸಿದ್ದನ್ನು ಯೋಗ್ಯರಿಗೆ ಹಂಚಬೇಕು”

Annual Report 2020-21
Housing Loan 9.25% p.a.
Business Loan 13.00%p.a.
Two Wheeler Loan 15.00%p.a.
Four Wheeler Loan 10.50%p.a.
Gold Loan 9.00%p.a.
Staff Loan 12.00%p.a.
Overdraft Loan 13.00%p.a.
Interest Rate on Deposits
Period Rate of Interest
30 Days to 90 Days 4.00% p.a.
91 Days to 180 Days 4.50% p.a.
181 Days to upto 1 Year 5.50% p.a.
Above 1 Year to upto 3 Year 6.50% p.a.
Above 3 Years 6.00% p.a.

Note : 0.50% extra on Senior Citizens

Interest Rate on Recurring Deposits 8.00% p.a. (Above 1 Year to upto 5 Year)

About Us

SPS Bank is a Cooperative Bank registered under Karnataka Souhara Act 1997. It is licensed under Reserve Bank of India to do the business of Banking. The registered office of the bank is situated at L B Colony, Sandur, Bellary Dist, Karnataka

SPS Bank has been rendering financial services to the growing needs of the people in Sandur Town. Mining is one of the main industrial activity in Sandur Town. Here main customers are carrier owners, which is the backbone of the mining activity in this area and rest are traders, small and medium entrepreneurs and other needy people.

SPS bank is completely computerized from the day one and believes in catering to the needs of the customer efficiently at all times. The customer can have the luxury of one - to - one service, without having to shuffle between tables. Every staff is capable of providing the customer with all the information and service needed.
SPS Bank has been the major financial backbone of the place where it has begun. It is not just assisting financially which made the Bank a name, but the personal touch in each of its transaction which is etched in the memory of the beneficiaries.
SPS Bank is the only bank in Sandur town to provide transaction facilities from 10.30 am to 6.30 pm. This amply displays the commitment of the bank to customer service.


  • Aim to provide a range of financial services to the customer.
  • Practice judicious management of risks and offer services to customers' satisfaction.
  • Maintain transparency in dealing with customers and invariably fulfill all commitments.
  • Train employees to render professional and pleasing service.
  • Give fair return to its members and contribute to their general welfare.