Who Can Open an Account?

Initial Deposit for opening Current Account & minimum balance to be maintained in the account : Rs. 1000/-

 

Interest:

No Interest will be paid on the balance in Current Account.

 

Statement of Account:

Bank will issue statement of account to the accountholder once in a month.

 

Benefits:

  • Any Branch Banking (ABB), Inter connectivity
  • ATM Facility
  • Remittances – Pay Order, Demand Draft on any location in India
  • Collection of outstation cheques
  • RTGS/NEFT Facility
  • SMS Banking Facility
  • SMS Banking Facility
  • UPI(Gpay, Phonepe,BHIM Pay, Paytm etc…)
  • IMPS
  • MOBILE APPLICATION (SBCB Pay… Download from Playstore)

 

Free ATM Card:

For the facility of cash withdrawal up to Rs. 25,000/- in a day from account. ATM card is issued free of charge at present. No ATM card is however issued to Cash Credit A/c holder.

 

  • Individual
  • Two or More individuals
  • Sole Proprietary Firm
  • Partnership Firm
  • Hindu Undivided Family
  • Private Limited Companies
  • Public Limited Companies
  • Non Governmental Organization
  • Public Corporations
  • Registered Societies/Associations/Clubs, etc.
  • Trust
  • Government/Semi-Government Bodies / Departments
  • No Current Account shall be opened in the name of minor.
  • Customers are therefore requested to take care of this and ensure to maintain sufficient balance in their accounts to avoid dishonour of cheques issued by them.

 

 

All the account holders are requested to use only 15 Digit Account Number for their fund transfer through NEFT & RTGS w.e.f. 10th Aug. 2014

 

Dear Customer, Please do not respond to & disclose your ATM CARD NO/PIN/CVV to anyone. Beware of Fraudulent calls. It may be an attemptto defraud. We from The Sultans Co-operative Urban Bank Ltd never ask for PIN/CVV.