Who Can Open an Account?

  • An Individual in his/her name
  • More than one person jointly
  • An illiterate person
  • A blind / visually Impaired / Incapacitated Persons
  • A guardian on behalf of minor in the minor’s name
  • Clubs, Association, ( only if registered)
  • Local bodies, all types of Co-operative Societies or any other body
  • Student who has completed 14 year of Age.

 

Interest:

Interest will be calculated @ 3% p.a. on the basis of Daily Product and will be credited to the account at half yearly intervals in March and September.

 

Pass Book:

Pass book will be supplied for showing his account number, Name, address, transactions with date, amount and particulars.

 

Benefits:

Any Branch Banking (ABB), Inter connectivity

 

Facility:

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

 

Free ATM Card:

 

INCIDENTAL CHARGES:

  • If a minimum balance of Rs.250/- (with cheque book facility) or Rs.100/- (without cheque book facility) is not kept, the Bank will charge incidental charges at the rates as in force from time to time.
  • Also refer to our Service Charges elsewhere on this site for other incidental charges.
  • Initial Deposit for opening Savings Bank Account & minimum balance to be maintained in the account :
  • With Cheque Book Facility – Rs.250/-
  • Without Cheque Book Facility – Rs. 100/-
  • Customers are advised that outstanding service charges like Folio charges/TOD charges/Inward-Outward charges/Minimum balance charges, would be automatically deducted by the system as and when the credit is coming in their accounts. The 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.
  • Dear Customer, Please do not respond to & disclose your ATM CARD NO/PIN/CVV to anyone. Beware of Fraudulent calls. It may be an attempt to defraud. We from The Sultans Co-operative Urban Bank Ltd never ask for PIN/CVV.
  • 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