Syndicate Bank Jammu
Last Updated : Jan. 12, 2019, 10:35 a.m.
About Syndicate Bank
Syndicate Bank, a public sector banking unit with an extensive branch and ATM network, is just the partner you need to go strong in your financial journey. Founded in 1925, the bank has constantly moved up the ladder by developing a variety of products that match the varied consumer requirements. From retail banking to MSME banking, the bank has been constantly acquiring new customers and retaining the existing ones.
The history of the bank is interesting as it was founded by three individuals from diverse fields. Upendra Anantha Pai, a businessman, Vaman Kudva, an engineer and Dr. TMA Pai, a physician, joined together to form Syndicate Bank, which was earlier called as Canara Industrial and Banking Syndicate. In 1928, the bank introduced a small saving mobilization scheme, Pigmy Deposit Scheme. The customers were allowed to deposit the money in the bank accounts through the help of collection agents who were visiting their homes to provide the same service. But the success of the scheme can’t be described in words as it is still continuing with an average daily collection of around ₹ 2 crores.
On the technology front, the bank has always been keeping a close eye on. In its series of technological innovation, the bank launched Centralized Banking Solution (CBS) and thus managed to strike a perfect coordination between the branches and ATMs.
The presence of the bank has kept on increasing with the time. Now it has more than 3,000 branches and ATMs across the country. Add over 50 regional offices, the bank has widened its base considerably. It also operates in London, one of the key financial hubs globally.
If you want to avail the services from Syndicate Bank in Jammu, a place of mountains, you can do that as well. Check out the branches of Syndicate Bank in your city Jammu.
Syndicate Bank Jammu Branches
Branch Name | Complete Address | IFSC | MICR | Contact Detail |
---|---|---|---|---|
Jammu | Sant Palace, Purani Mandi, Jammu, Jammu & Kashmir- 180001 | SYNB0007640 | 180025002 | 0191-2573005, 2573005 |
Channi Himmat | No 323, Sector 4, Channi Himmat, Jammu, Jammu, Jammu And Kashmir-180015 | SYNB0007641 | 180025003 |
Products Offered by Syndicate Bank in Jammu
Looking for Loans from Syndicate Bank in Jammu? You can apply for varied loans such as personal loan, home loan, car loan , loan against property and much more. The loans are appropriately designed to suit your tastes and let you fulfill your dreams. Now what you need to do is to select the products that can help you at best. Given below is a table showing the details of various products. Check out those and find a product or more from the list.
Loan Details of Syndicate Bank in Jammu
Products | Eligibility | Loan Amount | Interest Rate | Processing Fee | Tenure |
---|---|---|---|---|---|
Synd Saral (Personal Loan) | Permanent employees working in state or central govt units, reputed private firms, teachers, pensioner, doctors, professionals, etc. | Not more than annual gross salary | 11.75% - 16.25% | 0.5% of the loan amount with a minimum of ₹ 500 plus service tax, as applicable | Upto 5 Years |
Synd Nivas (Home Loan) | Available to resident Indians, NRIs holding the Indian Passport, Person of Indian Origin, Hindu Undivided Families (HUFs) | Upto 70%-90% of the property value | 8.85% - 11.25% | 0.125% of the loan amount Minimum- ₹ 500 Maximum-₹5,000 | Upto 30 Years |
Synd Vahan (Car Loan) | Minimum annual income should not be less than ₹2 lakhs. Individuals, proprietors, partnership firms, agriculturists, trusts and few others are eligible to receive the loan. | Upto 95% of the on-road price or 3 times the gross annual income, whichever is lower for new cars. Used car finance is limited to 10 lakhs or 70% of the valuation amount, whichever is lower | 7.30% Onwards | As applicable by the bank | Upto 7 years for new cars Upto 5 years for used cars |
Synd Rent | Residential or commercial property owners who have let out the property to government, reputed firms and even Syndicate Bank's premises | Upto 80% of the rent receivables, based on the unexpired lease period | 10.75%-11.25% p.a. | As applicable by the bank | Upto 10 Years |
Synd Vidya Scheme (Education Loan) | Students who have got the admission to a recognized institution either in India or abroad | Upto ₹ 10 Lakhs in India Upto ₹ 20 Lakhs Overseas | 10.25%-11.50% p.a. | NIL | Upto 15 Years |
Synd Mortgage Scheme | Residential or commercial property owners belonging to both salaried and non-salaried classes | For salaried-10 times of the net annual income For non-salaried-10 times of last 3 years average gross annual income | 11.50%-11.75% p.a. | As applicable by the bank | Upto 10 Years |
Documents You Need to Obtain Loans from Syndicate Bank in Jammu
Documents | Salaried | Self-employed |
---|---|---|
Synd Saral (Personal Loan) | Identity Proof- PAN Card/Voter ID/Aadhaar card/Passport Residence Proof-Utility Bill/Aadhaar Card/Passport/Voter ID Income Proof-Salary Slips for Last 3 Months, Form 16 for Last 2 Years, Last 6-month Bank Statement | Identity Proof- PAN Card/Voter ID/Aadhaar card/Passport Residence Proof-Utility Bill/Aadhaar Card/Passport/Voter ID Income Proof-Salary Slips for Last 3 Months, Form 16 for Last 2 Years, Last 6-month Bank Statement |
Synd Nivas (Home Loan) | Identity Proof- PAN Card/Voter ID/Aadhaar card/Passport Residence Proof-Utility Bill/Aadhaar Card/Passport/Voter ID Income Proof-Salary Slips for Last 3 Months, Form 16 for Last 2 Years, Last 6-month Bank Statement Property Documents Showing Cost Estimate, Property Registration Copy | Identity Proof- PAN Card/Voter ID/Aadhaar card/Passport Residence Proof-Utility Bill/Aadhaar Card/Passport/Voter ID Income Proof-Salary Slips for Last 3 Months, Form 16 for Last 2 Years, Last 6-month Bank Statement Property Documents Showing Cost Estimate, Property Registration Copy |
Synd Vahan (Car Loan) | Identity Proof- PAN Card/Voter ID/Aadhaar card/Passport Residence Proof-Utility Bill/Aadhaar Card/Passport/Voter ID Income Proof-Salary Slips for Last 3 Months, Form 16 for Last 2 Years, Last 6-month Bank Statement Margin Copy, Car Registration Copy | Identity Proof- PAN Card/Voter ID/Aadhaar card/Passport Residence Proof-Utility Bill/Aadhaar Card/Passport/Voter ID Income Proof-Salary Slips for Last 3 Months, Form 16 for Last 2 Years, Last 6-month Bank Statement Margin Copy, Car Registration Copy |
Synd Rent | Identity Proof- PAN Card/Voter ID/Aadhaar card/Passport Residence Proof-Utility Bill/Aadhaar Card/Passport/Voter ID Income Proof-Salary Slips for Last 3 Months, Form 16 for Last 2 Years, Last 6-month Bank Statement | Identity Proof- PAN Card/Voter ID/Aadhaar card/Passport Residence Proof-Utility Bill/Aadhaar Card/Passport/Voter ID Income Proof-Salary Slips for Last 3 Months, Form 16 for Last 2 Years, Last 6-month Bank Statement |
Synd Mortgage Scheme | Identity Proof- PAN Card/Voter ID/Aadhaar card/Passport Residence Proof-Utility Bill/Aadhaar Card/Passport/Voter ID Income Proof-Salary Slips for Last 3 Months, Form 16 for Last 2 Years, Last 6-month Bank Statement Documents of the property to be mortgaged | Identity Proof- PAN Card/Voter ID/Aadhaar card/Passport Residence Proof-Utility Bill/Aadhaar Card/Passport/Voter ID Income Proof-Salary Slips for Last 3 Months, Form 16 for Last 2 Years, Last 6-month Bank Statement Documents of the property to be mortgaged |