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• The Surat District Cooperative Bank Limited

The Surat District Cooperative Bank Limited

The Surat District Cooperative Bank Limited is one of the major cooperative banks in Surat in Gujarat. It is also known as SUDICO bank and offers great services like enrolling for the Government Schemes like Atal Pension Yojana, Deposits schemes, Insurance, Utility Bill Payments, E-statements, Business Loans, Agricultural Loans, Women’s Loan, Money Transfer, Cheque Book facility, Credit Cards, Business Loans, Overdrafts, RTGS, E-statements and the Investments.

Factsheet of The Surat District Cooperative Bank Limited

Bank Name	The Surat District Cooperative Bank Limited
Founded in	May 23, 1906
Promoters/founders	Late Shri B.A.Modi and Late Shri K.G.Desai.
Headquarter Address	The Surat District Co-Operative Bank Limited Pramodbhai Desai Sahkar Sadan J.P.Road Athvagate Surat - 395001 Gujarat
Employee's	NA
Type of Bank	Co-operative Bank
Official Website	https://www.sudicobank.com/history.php
Customer Care Number	18002339900,0261- 2466001,2466002,2466003

History of The Surat District Cooperative Bank Limited

The Surat District Cooperative Bank Limited is one of the major cooperative societies established in order to develop the concept of cooperation in Surat District. This bank is located near the coastal areas of Surat and this city is known for diamond and textile industries, and is a major market for the apparels and accessories. During 1923 the The Surat District Co.op. (Urban) union was transformed into the Surat District Cooperative Bank Limited and it has got more than 21 Talukas and also has a huge amount of the geographical areas. 

We have various branches like Bulsar, Navsari and Bilmora areas known for the tribal areas and amazing forests. We are encouraging the poor and weaker segment of the society like the farmers in Gujarat to come to us to get the financial assistance to enhance their yield. 

Shri Nareshbhai Bhikabhai Patel is the Chairman and Shri Sandeepbhai Jayanthibhai Patel is the Vice Chairman of the Surat District Cooperative Bank Limited. 

Subsidiaries of the Surat District Cooperative Bank Limited

There are many subsidiary institutes of the Surat District Cooperative Bank Limited and they are given below as follows:

• Cotton Co-operative Societies of Olpad Taluka.
• The Surat Central Co-operative Stores Limited.
• The Surat District Co-operative Spinning Mills Limited.
• The Surat Jilla Sahakari Sale and the Purchase Union.
• The Surat District Milk Producers Co-operative Union Limited.(SUMUL).
• The Purushottam Farmers Co-operative Ginning and the Pressing Society Limited.

Banking Services offered by the Surat District Cooperative Bank Limited

There are various banking services obtained by the Surat District Cooperative Bank Limited and they are:            

• SMS Alerts.
• Net Banking.
• Email Alerts.
• E- Statements.
• Fixed Deposits.
• Mobile Banking.
• Society Account.
• Raising the DD.
• Bill Discounting.
• Savings Account.
• Current Account.
• Bank Guarantee.
• Insurance Service.
• Cyber Fraud Alert.
• Recurring Deposits.
• Consumer Banking.
• Demand Drafts (DD).
• Utility Bill Payment.
• Debit Card Services.
• Positive Pay Systems.
• Digital Banking Service.
• Senior Citizen Account.
• Personalised Bank Passbook.
• Customised Cheque Book Facility.
• Corporate salaries of different Hospitals and Organisation.
• Government Schemes like PMSBY and the Atal Pension Yojana and PMJDY.

Loans and Credit Services offered by the Surat District Cooperative Bank Limited

There are various credit and the loan services given by the Surat District Cooperative Bank Limited and they are:

• Gold Loan.
• Term Loan.
• Vehicle Loan.
• Housing Loan.
• Property Loan.
• Personal Loan.
• Business Loan.
• Mortgage Loan.
• Consumer Loan.
• Warehouse Loan.
• New Entities Loan.
• loan for Importers and Exporters.
• Medium term loans for Home Appliance.
• Loan against the Kissan Vikas Patra and National Savings Certificate.

 

The Surat District Cooperative Bank Limited has 113 IFSC connected branches in India. Bank has branches in following states:

GUJARAT