SPCBL News desk & Tenders

The Board of Directors of SPCBL is pleased to share that the bank achieved total business crossing ₹4,500 Crores in FY 2025-26. Customer deposits increased by 14%, and loans registered an impressive 16% rise, driven heavily by Home and Gold Loan products. Net profit reached ₹52.4 Crores, showing the bank's solid fundamentals and strong local trust.

Aligning with RBI's digital vision, SPCBL has rolled out its state-of-the-art mobile app "SPCBL Pocket". The application enables fingerprint/face recognition login, fully customizable debit card block/limit settings, safe QR scanning, instant online FD creation, and UPI Lite enabling low-value transactions up to ₹500 instantly without an Internet connection.

Effective immediately, the Surat People's Co-operative Bank has adjusted its Term Deposit interest structure to benefit small-scale savers and retired citizens. Depositors investing for a tenure of 2 to 3 years will earn 7.25% p.a. Senior Citizens will automatically receive an additional spread of 0.50% across all tenures above 1 year, pushing their returns to 7.75% p.a.

Recognizing our responsibility in the digital age, SPCBL organized a series of free seminars at Surat City Hall. The bank's security experts trained elders on how to identify phishing calls, protect OTPs, use ATMs safely, and report cyber fraud instantly using government helpline numbers.

Interested bidders are requested to collect tender documents from our Head Office on Ring Road. Sealed responses containing technical qualification parameters and financial bids should be submitted by or before June 1, 2026. The scope includes high-fidelity scanning, OCR conversion, and metadata indexing for records from 1922 to 2000.