Syndicate Bank Kochi
Last Updated : Feb. 22, 2017, 11:54 a.m.
About Syndicate Bank
About Syndicate Bank
The synergies of three big efforts led to the creation of a revolution in the form of Syndicate Bank. And what’s more heartening is the fact that all three founders of the bank were from different backgrounds altogether. Upendra Anantha Pai was a businessman, Vaman Kudva was an engineer, and TMA Pai was a physician. Three different people and see what the result came from their amalgamation, Syndicate Bank, from where you would love to avail the services. In 1925, the bank was founded by these three gentlemen. Three more years and arrived the revolutionary service that still forms the fulcrum of Syndicate Bank. Actually, it was launched as a small saving mobilization plan, namely Pigmy Deposit Scheme. The scheme enabled the depositors to deposit their sum of money in the accounts through collection agents visiting their doorstep. Today, the scheme enables the bank to get daily deposits of around ₹ 2 crores from the customers.
Just a shade above 40 years of private ownership, the bank came into the hands of Government of India in 1969. From there to till now, it’s been a constant upward movement. Now the bank is a significant player in the market by providing services to a variety of customers in different spheres- Corporate, International, Retail, MSME and rural.
All these years, the bank has always been tapping new technologies to improve the operational efficiency. One such case is the introduction of Centralized Banking Solution (CBS), which has helped the bank create a strong flow of work in the branches and the ATMs.
Over 3,000 branches and ATMs talk volumes of the massive presence the bank has in India. Adding 50 more regional offices to the list, the bank’s reach would have to be called very significant. Additionally, the bank also operates in the overseas territory by having a branch in London.
Kochi, a popular coastal location in the state of Kerala, has around 10 branches of Syndicate Bank in the city. People looking to avail the services from Syndicate Bank can do the same from these branches. Unaware of the addresses and other details of the branches in Kochi? Here’s the table to take a note of those.
Syndicate Bank Kochi Branches
Syndicate Bank Kochi Branches
| Branch Name | Complete Address | IFSC | MICR | Contact Detail |
|---|---|---|---|---|
| Ernakulam Shanmugham Road (Main) | Pioneer Towers Ist Floor, P.B.2616, Shanmugham Road, Ernakulam, Kerala-682031 | SYNB0004300 | 682025002 | 0484-2363679, 2355906 |
| Ernakulam M G Road | Door No.Xl/6893, P.B.No.3629, Muthoot Towers 1st Floor, M.G.Road, Ernakulam, Kochi, Kerala-682035 | SYNB0004301 | 682025005 | 0484-2354182, 2360322 |
| Thoppumpady | 18/245A Sabu & Cyprian Arcade, Parry Junction, Thoppumpady, Kochi, Kerala-682005 | SYNB0004302 | 682025008 | 0484-2235064, 2235068 |
| Perumanoor | P.B.No.1652, Perumanoor Kochi, Ernakulam, Kerala-682015 | SYNB0004303 | 682025007 | 0484-2359080, 2359444 |
| Ernakulam Banerjee Road | XlI 768 1st Floor, P.B.No.1902, Banerjee Road, Tharakandam Centre, Ernakulam,Kochi, Kerala-682018 | SYNB0004305 | 682025006 | 0484-2393831, 2395479 |
| Cherlai | Konkani Basha Bhavan, Dr.J.A.Bhatt Road, (Cherlai Road), Kochi, Ernakulam, Kerala-682002 | SYNB0004307 | 682025009 | 0484-2226586, 2226586 |
| Vaduthala | Vakkachan Towers, Chittoor Road, Vaduthala, Ernakulam Kochi, Ernakulam, Kerala-682023 | SYNB0004311 | 682025010 | 0484- 2435436 |
| Willingdon Island | Lakshadweep Administration Off, No Xxiv/2015 Indira Gandhi Rd, Willingdon Island, Kochi, Ernakulam Dist, Kerala-682003 | SYNB0004315 | 682025011 | 0484-2668087 |
| Kavaratti | Kavaratti, Via: P O Kochi, Lakshadweep, Lakshadweep, Kerala-682555 | SYNB0009950 | 682025101 | |
| Vytila | 29 1415A D S And Sons Complex Opp Power House Vytila Kochi, Kerala-682019 | SYNB0004330 | ||
| Mid Corporate Branch | 32 1495A, 1 Floor, Chackos Chambers Bypass Junction, Palarivattam, Ernakulam, Kochi, Kerala-685025 | SYNB0004333 |
Products Offered by Syndicate Bank in Kochi
Above you saw the branches of Syndicate Bank in Kochi. Now you will get to know the products that the bank offers to the people looking to avail its services in this coastal city. If you belong to Kochi and looking to bank with Syndicate Bank, you can choose from an extensive line of products to make your dreams come true. The products, which include a personal loan, car loan, home loan and much more, are crafted to meet your inherent needs. As we speak, there is a bit of a requirement to study all these products. For that, a table is made below with all the information that you want. Take a look and choose your option.
Loan Details of Syndicate Bank in Kochi
| 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 Required for Syndicate Bank Loans in Kochi
| 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 |