Indian finance and Investment GuideIndiamart














Syndicate Bank

Syndicate Bank was established in 1925 in Udupi in coastal Karnataka with a capital of Rs.8000/- The bank collected as low as 2 annas daily at the doorsteps of the depositors through its Agents under its Pigmy Deposit Scheme started in 1928. This scheme is the Bank's brand equity today and the Bank collects around Rs. 2 crore per day under the scheme.

The Bank is well equipped in the areas of information technology, knowledge and competition. The Bank has launched an ambitious technology plan called Centralised Banking Solution (CBS) whereby 200 of their strategic branches with their ATMs are being networked nationwide over a 3 year period.

Syndicate Debit / ATM Card

Syndicate Bank has introduced Global Debit Card in tie up with M/s VISA International. The salient features of the card are as follows :
  • It is accepted in over 5000 ATMs in India.

  • It is accepted to 56000 Merchant Establishments in India.

  • It is accepted by 8,50,000 ATMs worldwide and support cash withdrawal in local currency while the account is debited in Rupees.

  • Golbally 10 million Merchant Establishments accepts the card.

  • It brings rewards whenever it is used. The rewards are subject to various promotional schemes launched by VISA / Bank from time to time.

Syndicate Credit Card

Types of Credit Cards
Syndicate Bank issues two types of photo cards. They are as mentioned:
  • Classic Card
  • Gold Card

Features of the Credit Cards
  • SyndicateBank Global Credit Card is issued in tie up with VISA.

  • It is acceptable at over 8000 ATMs in India and over 8.5 Lakh ATMs across the Globe.

  • SyndicateBank Global Credit Card is accepted at over 1,10,000 Merchant Establishments in India and over 2 Crore Merchant Establishments across the Globe.

  • Revolving Credit facility with minimum payment due of 10% of balance.

  • Free accident insurance cover of 2-5 Lakhs.

  • Cash withdrawal facility of upto 10% of the credit limit through their ATMs.

  • Rewards points of one point for every Rs 100 spend with the Card.

  • Limited lost card liability of maximum Rs 1000/-

  • Add on Cards to near relatives such as spouse, father, mother, brother, sister, son, daughter.

Charges of Credit Cards

Fee Structure Classic Gold
Entrance 100 500
Annual 300 500
Add on Card 150 250


Take Note : Now the credit cards is issued in select branches only. They are as under:
  • Ahmedabad
  • Bangalore
  • Bhopal
  • Chennai
  • Coimbatore
  • Delhi
  • Erode
  • Ernakulam
  • Goa
  • Hyderabad and Secunderabad
  • Hubli
  • Jalandhar
  • Kolkata
  • Mumbai
  • Mysore
  • Manipal
  • Mangalore
  • Pune
  • Tirupathi
  • Udupi
  • Vijayawada
  • Vishakhapatnam
  • Tirupur
  • Puttaparthy

Syndicate Bank NRI Services

Syndicate Bank offers the following services to NRIs:
  • Non-resident (External) Rupee Accounts (NRE A/cs.)

  • Non-resident (Ordinary) Rupee Accounts (NRO A/cs.)

  • Foreign Currency Non-resident Accounts (FCNR A/cs)

  • Resident Foreign Currency Account (RFC A/cs.)

Syndicate Bank Utility Bill Payment

Syndicate Bank also supports Utility Bill Payment Facility through Internet Banking. This service is available for the customers of Core Banking Branches like as mentioned below :
  • Bangalore
  • Mumbai
  • New Delhi
The facility is provided through a tie-up with M/s IndiaIdeas.com Ltd. and it is now free of charges.

To non-customer and to Non Core Banking Branch, the facility is provided through SyndBillPay - Utility Bill Payment Facility and through 'AUTOPAY' mode.

Syndicate Bank Investor Relation Centre

Syndicate Bank had set up its Investor Relations Centre at Bangalore. The shareholders may contact the Company Secretary, Investor Relations Centre at the following address.

SyndicateBank,
Corporate Office,
Investor Relations Centre,
SyndicateBank Building,
2nd Cross, Gandhinagar,
BANGALORE - 560 009
Phone: 080-22283030
E-mail: inrc@syndicatebank.net

Registrar And Share Transfer Agents of the Bank

The Bank has appointed M/s. Karvy Computershare Pvt. Ltd, Hyderabad as its Registrar And Share Transfer Agents. Share holders may contact Registrar And Transfer Agents of the Bank at the following address.

Asst.General Manager
UNIT: SYNDICATEBANK
M/s. Karvy Computershare Pvt. Ltd.,
46, Avenue 4, Street No.1
Banjara Hills,
HYDERABAD - 500 034
Phone No. 040-23312454 / 23320751
Fax: 040-23311968
www.syndicatebank.in

Syndicate Bank 24 Hours Helpline

Manipal - 576104, (Udupi Dist), Karnataka, India
Ph no: 0820-2571181 to 2571196 (16 lines)
Email: hogad@syndicatebank.co.in




IndiaMART

Search B2B Marketplace
Business Marketplace
Wholesale Catalogs
Industry Portals
Travel to India Send Gifts to India