Syndicate Bank Lucknow
Last Updated : Aug. 30, 2018, 5:12 p.m.
About Syndicate Bank
A capital of ₹ 8,000 is what the bank had when it was founded in 1925. Nine decades from thereon have passed since then. And now, the tables have been turned in favour of the bank which is clocking crores of profits on the back of its deposit and advance business. Well, ₹ 8,000 won’t count that small considering the time of 1925. But to efficiently mobilize the resources and keep on improving the efficiencies must have been a massive challenge for the bank. The bank has combatted all the challenges and is nudging towards more growth. Three founders-TMA Pai, Upendra Anantha Pai and Vaman Kudva wouldn’t have thought that they would form a bank that will survive for so long. But it has happened and much to the delight of the people wanting value-added services.
The grand success of Pigmy Deposit Scheme, launched in 1928, helped Syndicate Bank come through the ranks. Although it was a small saving mobilization plan, the scheme catapulted into a major drive by acquiring many new customers and retaining the existing ones. With collection agents visiting the doorstep of customers to pick up the money to deposit in their accounts, the bank gained enormous consumer confidence, reflecting into its overall business. What about the scheme now, is the question you would ask, right! The scheme has become the identity of the bank, which collects a roughly ₹ 2 crores daily, validating the brand equity tag the scheme has got.
Technology has always been the mainstay of Syndicate Bank since the time of inception. The introduction of new technologies has helped the bank stay afloat amid massive competition. The bank has already brought Centralized Banking Solution (CBS) to create a ground for the smooth functioning of the branches. The CBS has created an effective workflow in the bank’s branches and ATMs.
What has also worked in the favour of Syndicate Bank is its growing reach in India. Due to the growing number of branches and ATMs, the bank is visible enough to bring on the customers. Not only the top-tier cities, but even smaller cities and towns are explored by the bank.
The city of Nawab Lucknow is also receiving the bank’s grand services. With around 50 branches, Syndicate Bank serves the people of Lucknow in the most efficient manner possible. If you are the ones staying in Lucknow and have been waiting to get a sight of the branches in the city, all you need is to keep your eyes on the table below.
Syndicate Bank Branches in Lucknow
| Branch Name | Complete Address | IFSC | MICR | Contact Detail |
|---|---|---|---|---|
| Kalicharan Degree College | 439/14 A & B, Hardoi Road, Lucknow, Uttar Pradesh-226003 | SYNB0008509 | 226025006 | 0522-2254091 |
| Subhash Marg | Opposite Hawai Jahaj, Kothi, Subhash Marg-226003 | SYNB0008496 | 226025012 | 0522-2653630 |
| CAO | Skylark Building, 4Th Floor 43/28, Nawal Kishore Road, Hazratganj, Lucknow-226 001 | SYNB0008486 | 226025001 | 0522-2615403 |
| Regional Office | Lucknow Regional Office, Skylark Building, 4Th Floor, 43/28, Nawal Kishore Road, Hazratganj, Lucknow-226 001 | SYNB0008503 | 226025999 | 0522-2613686, 2620466, 2201377, 2613036 |
| Rajaji Puram | S - 261 And 262, E Block Market, Rajaji Puram, Lucknow-226017 | SYNB0008495 | 226025013 | 0522-2400010 |
| Alambagh | B-71 Sector B LDA Colony, Kanpur Road, Alambagh, Lucknow, Uttar Pradesh-226005 | SYNB0008475 | 226025017 | |
| Gomti Nagar Extension | No 4/767, Vibhav Khand, Gomti Nagar, Lucknow, Uttar Pradesh-226010 | SYNB0008476 | 226025018 | |
| FGMO | FGMO Lucknow Skylark Bldg, 4Th Flr 43/28, Nawal Kishore Road | SYNB0009376 | ||
| Ahimamau | Sultanpur Road, Ahimamau Village And Post Lucknow, Uttar Pradesh-226002 | SYNB0009844 | 0522-2613686 | |
| Vibhuti Khand | Rohtas Plumeria, Vibhuti Khand, Gomti Nagar ,Lucknow, Uttar Pradesh-226010 | SYNB0009886 | 0522-2613686 | |
| Kursi Road | Opposite Gudamba Thana, Kursi Road, Lucknow, Uttar Pradesh-226026 | SYNB0009887 | 0522-2613686 | |
| U P Jal Nigam | 6-Rana Pratap Marg, Lucknow, Uttar Pradesh- 226001 | SYNB0008480 | 226025007 | 0522-2626704 |
| Gomti Nagar | 1/6 Viram Khand, Patrakarpuram Crossing, Gomti Nagar, Lucknow, Uttar Pradesh-226010 | SYNB0008481 | 226025005 | 0522-2398895 |
| Indira Nagar | C-362, Aravali Marg, Indira Nagar, Lucknow, Uttar Pradesh-226016 | SYNB0008482 | 226025008 | 0522-2344155 |
| M B Inter College | C - 1039/40, Sector B, Mahanagar, Lucknow, Uttar Pradesh-226006 | SYNB0008483 | 226025052 | 0522-2333157 |
| AMC Centre & School | AMC Centre Shopping Complex, Dilkush, Cantt, Lucknow, Uttar Pradesh-226002 | SYNB0008484 | 226025051 | 0522-2481773 |
| Rai Bareilly Road | No 11 Saraswatipuram, Near Sgpgi, Rai Bareilly Road, Lucknow, Uttar Pradesh-226025 | SYNB0008485 | 226025010 | 0522-2668296 |
| Indira Nagar Sector 8 | Little Angels High School, Sector 8 Indira Nagar, Lucknow, Uttar Pradesh-226016 | SYNB0008487 | 226025056 | 0522-2701898 |
| HQ Central Command | Head Quarters Central Command, M G Marg, Lucknow, Uttar Pradesh-226002 | SYNB0008488 | 226025057 | 0522-2482620 |
Products Offered by Syndicate Bank in Lucknow
Willing to ride by your car over the Gomti riverside? Is travelling to Europe your priority? Want to buy a 2 BHK property in Lucknow? Apply for loans at Lucknow branches of Syndicate Bank. Loans like a personal loan, home loan , car loan, loan against property are readily available at these branches to grab upon. Before picking any of the products, ensure you are aware of the fine details associated with them. A table below showing all the required information is pointed below for you to see at.
Basic Details of Syndicate Bank Loans in Lucknow
| 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 |
Documentation for Syndicate Bank Loans in Lucknow
| 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 |
