THE SUTEX COOPERATIVE BANK LIMITED List of IFSC Code Branches States
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THE SUTEX COOPERATIVE BANK LIMITED State wise list:THE SUTEX COOPERATIVE BANK LIMITED has branches in the following state(s) :- Gujarat.
Sutex Co-Operative Bank Limited was incorporated on 15th May, 1972. Sutex Co-Operative Bank Limited has total 18 branches and one administrative office.
The Sutex Co-Operative Bank Limited was named The Surat Textile Traders Co-Operative. In the year 1972 the Founder Chairman of the Bank Late Shri Surajram Bachchanwala and Vice-Chairman Late Shri Ashabhai Shankarbhai Patel registered the Bank at Cooperative level, having a prosperous vision to provide a golden and profitable market to the Textile Industry of Surat. Sutex Co-op Bank Ltd. provides services to the shopkeepers of Surat Textile Market to help them with banking facilities and help them to start and manage their business. All branches of Sutex Co-op Bank Ltd. are well-organized and well-organized are computerized and are one of the leading banks in the whole of South Gujarat.
The bank started with only four employees and even today it has a large workforce of 206 employees. The Bank has been providing updated training to all the employees at various levels. Sutex Co-Operative Bank Limited was the first bank to provide ATM facilities through co-operative. area for your customers. Citibank in Surat offers complete core banking facilities to its customers. It may be noted that the Core Banking Solution was completed in a span of just 3 months comprising of 14 branches and one admin office which showed positive attitude and proof of determination of Sutex Co-Operative Bank Ltd staff. With CBS facilities, the valued customers of the Bank can now avail all kinds of banking services and facilities from any branch.
The bank treats its customers as a valued customer and provides top class banking services which has made the bank very popular among the customers. Due to this there has always been an increase in bank deposits. The country’s economic change, inflation, stock market decline, yield on high interest rates in mutual funds had little effect on the bank as can be seen by looking at the numerical charts.
The bank is not only a pioneer in providing banking facilities but also very active in social services. As we know that our Surat has been affected many times by natural calamities like floods, where the bank has provided immediate help to its customers without delay. During the floods in Surat in 1994, 1998 and 2006, the bank provided loans to those who suffered serious losses within 24 hours which was remarkable.
Under the Technology Upgradation Scheme of Textile Industry, Government of India, The Sutex Co-Operative Bank Ltd. has been approved for providing Direct Advances and Loans. Sutex Co-Operative Bank Limited was the first bank under Urban Co-operative to get such approval across the country. Bank Category.
The Bank offers all types of banking facilities including CBS, E-Statement, SMS Alerts, RTGS/NEFT, E-Payment, ATM, IMPS, Lockers, Stamp Franking etc.