The Sardargunj Mercantile Co.op Bank Ltd, Patan. (N.Guj.) We have been appointed as statutory auditors for your bank vide letter from Reserve Bank of india, Ahemedabad,Gujarat State Letter No.AMD.DOS.MAG.ACG & LEGAL.NO.S989/02-16-028/2021-2022 Dated 16.11.2021 and bank has also confirmed appointment in resolution No.9 of board meeting held on 15.12.2021. As per the condition of the appointment we have completed the audit on the basis of information provided by Banks.
We will create and maintain a professional environment that invites the ideas of our employees, fosters the confidence of our shareholders, and exceeds the expectations of our customers. To earn the loyalty of employees, customers and the community by operating with integrity and fairness at all times and we have employees who are empowered to build long-term relationships with our customers and provide our shareholders long-term growth and an attractive return on their investment in the bank
The Sardargunj mercantile co op bank has started Mobile Banking / IMPS. Now you can transfer funds, Request for cheque book, Statement, Positive Pay System etc. Hurry….. Contact nearest Branch for Registration
Read MoreThe Sardargunj mercantile co op bank has Sub-membership for RTGS, NEFT and IMPS with AXIS Bank.It's electronic payment system to transfer funds from one to another in Accounts and Banks
Read MoreShare Capital
Lakh
Net Profit
Lakh
Deposits
Lakh
Advances
Lakh
Rs. in Lacs | |
Share Capital | 373.30 |
Reserve Fund | 277.2 |
Deposit | 23138.17 |
Loans & Advances | 9317.95 |
Investment | 1500.00 |
Profit | 486.15 |
C.D. Ratio | 40.27 |
Gross NPA Net NPA |
11.90 0 |
Interest Rate Of Bank`s Loan
Sr.No. |
Loan & Advances |
Interest Rate |
1 | Hypothecation K.K | 10.50% |
2 |
Secure Cash Credite Rs/- 1 Crore Under Rs/-1 Crore or Above |
11.50% 10.50% |
3 | P.C.C | 09.00% |
4 | Gold Loan | 10.00% |
5 | N.S.C/K.V.P Loan | 11.00% |
6 | Housing Loan | 10.50% |
7 | Personal Loan | 12.50% |
8 | Car Loan | 09.50% |
9 | Two Wheeler Loan | 11.50% |
10 |
Porperty Loan Rs/-1 Crore under Rs/-1 Crore or Above |
11.00% |
11 | Eduaction Loan | 09.00% To 11.00% |
12 | Machinery Loan | 12.50% |
13 |
Fix Deposite Loan 1% More Than Deposite Interest |
|
14 | Professional Loan | 9.50% |
15 | Car and Commercial Vehicle Loan | 9.50% |
16 | Jewelry Loan | 10% |
17 | Jewelry Loan (Instalment-OL) | 11% |
18 | Loan against NSC / KVP / O.DDA = 11% Hypothecation Cash Credit Loan = 10.50% ✔ PCC (Consignment) | 11% |
19 | Staff Property Loan (SP)(Instalment-OL) | 9% |
20 | Property Loans | 11% |
21 | Personal Loan / Machinery Loan / Clean K.K(Instalment-OL) | 12.50% |
22 | CKK | 10.50% |
23 | Solar Loan | 10% |
24 | CKK | 10.50% |
25 | Employee Cash Credit | 12.50% |
Fixed Deposit Interest Rate
Sr.No. | Period of Deposits | Interest Rate |
1 | 30 days to 180 days | 4.00 % |
2 | Within 181 days to 12 months |
5.00 % |
3 | 12 months and sub-province within 3 years | 7.00 % |
|