Syndicate Bank Kochi

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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 NameComplete AddressIFSCMICRContact Detail
Ernakulam Shanmugham Road (Main)Pioneer Towers Ist Floor, P.B.2616, Shanmugham Road, Ernakulam, Kerala-682031SYNB00043006820250020484-2363679, 2355906
Ernakulam M G RoadDoor No.Xl/6893, P.B.No.3629, Muthoot Towers 1st Floor, M.G.Road, Ernakulam, Kochi, Kerala-682035SYNB00043016820250050484-2354182, 2360322
Thoppumpady18/245A Sabu & Cyprian Arcade, Parry Junction, Thoppumpady, Kochi, Kerala-682005SYNB00043026820250080484-2235064, 2235068
PerumanoorP.B.No.1652, Perumanoor Kochi, Ernakulam, Kerala-682015SYNB00043036820250070484-2359080, 2359444
Ernakulam Banerjee RoadXlI 768 1st Floor, P.B.No.1902, Banerjee Road, Tharakandam Centre, Ernakulam,Kochi, Kerala-682018SYNB00043056820250060484-2393831, 2395479
CherlaiKonkani Basha Bhavan, Dr.J.A.Bhatt Road, (Cherlai Road), Kochi, Ernakulam, Kerala-682002SYNB00043076820250090484-2226586, 2226586
VaduthalaVakkachan Towers, Chittoor Road, Vaduthala, Ernakulam Kochi, Ernakulam, Kerala-682023SYNB00043116820250100484- 2435436
Willingdon IslandLakshadweep Administration Off, No Xxiv/2015 Indira Gandhi Rd, Willingdon Island, Kochi, Ernakulam Dist, Kerala-682003SYNB00043156820250110484-2668087
KavarattiKavaratti, Via: P O Kochi, Lakshadweep, Lakshadweep, Kerala-682555SYNB0009950682025101
Vytila29 1415A D S And Sons Complex Opp Power House Vytila Kochi, Kerala-682019SYNB0004330
Mid Corporate Branch32 1495A, 1 Floor, Chackos Chambers Bypass Junction, Palarivattam, Ernakulam, Kochi, Kerala-685025SYNB0004333

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

ProductsEligibilityLoan AmountInterest RateProcessing FeeTenure
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 salary10.30% - 13.30%0.5% of the loan amount with a minimum of ₹ 500 plus service tax, as applicableUpto 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 value8.50%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
9.15%As applicable by the bankUpto 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 premisesUpto 80% of the rent receivables, based on the unexpired lease period10.75%-11.25% p.a.As applicable by the bankUpto 10 Years
Synd Vidya Scheme (Education Loan)Students who have got the admission to a recognized institution either in India or abroadUpto ₹ 10 Lakhs in India
Upto ₹ 20 Lakhs Overseas
10.25%-11.50% p.a.NILUpto 15 Years
Synd Mortgage SchemeResidential or commercial property owners belonging to both salaried and non-salaried classesFor 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 bankUpto 10 Years

Documents Required for Syndicate Bank Loans in Kochi 

DocumentsSalaried 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 RentIdentity 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 SchemeIdentity 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

 

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