Syndicate Bank Lucknow

Banks 123 views

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 NameComplete AddressIFSCMICRContact Detail
Kalicharan Degree College439/14 A & B, Hardoi Road, Lucknow, Uttar Pradesh-226003SYNB00085092260250060522-2254091
Subhash MargOpposite Hawai Jahaj, Kothi, Subhash Marg-226003SYNB00084962260250120522-2653630
CAOSkylark Building, 4Th Floor 43/28, Nawal Kishore Road, Hazratganj, Lucknow-226 001SYNB00084862260250010522-2615403
Regional OfficeLucknow Regional Office, Skylark Building, 4Th Floor, 43/28, Nawal Kishore Road, Hazratganj, Lucknow-226 001SYNB00085032260259990522-2613686, 2620466, 2201377, 2613036
Rajaji PuramS - 261 And 262, E Block Market, Rajaji Puram, Lucknow-226017SYNB00084952260250130522-2400010
AlambaghB-71 Sector B LDA Colony, Kanpur Road, Alambagh, Lucknow, Uttar Pradesh-226005SYNB0008475226025017
Gomti Nagar ExtensionNo 4/767, Vibhav Khand, Gomti Nagar, Lucknow, Uttar Pradesh-226010SYNB0008476226025018
FGMO FGMO Lucknow Skylark Bldg, 4Th Flr 43/28, Nawal Kishore RoadSYNB0009376
AhimamauSultanpur Road, Ahimamau Village And Post Lucknow, Uttar Pradesh-226002SYNB00098440522-2613686
Vibhuti KhandRohtas Plumeria, Vibhuti Khand, Gomti Nagar ,Lucknow, Uttar Pradesh-226010SYNB00098860522-2613686
Kursi RoadOpposite Gudamba Thana, Kursi Road, Lucknow, Uttar Pradesh-226026SYNB00098870522-2613686
U P Jal Nigam6-Rana Pratap Marg, Lucknow, Uttar Pradesh- 226001SYNB00084802260250070522-2626704
Gomti Nagar1/6 Viram Khand, Patrakarpuram Crossing, Gomti Nagar, Lucknow, Uttar Pradesh-226010SYNB00084812260250050522-2398895
Indira NagarC-362, Aravali Marg, Indira Nagar, Lucknow, Uttar Pradesh-226016SYNB00084822260250080522-2344155
M B Inter CollegeC - 1039/40, Sector B, Mahanagar, Lucknow, Uttar Pradesh-226006SYNB00084832260250520522-2333157
AMC Centre & SchoolAMC Centre Shopping Complex, Dilkush, Cantt, Lucknow, Uttar Pradesh-226002SYNB00084842260250510522-2481773
Rai Bareilly RoadNo 11 Saraswatipuram, Near Sgpgi, Rai Bareilly Road, Lucknow, Uttar Pradesh-226025SYNB00084852260250100522-2668296
Indira Nagar Sector 8Little Angels High School, Sector 8 Indira Nagar, Lucknow, Uttar Pradesh-226016SYNB00084872260250560522-2701898
HQ Central CommandHead Quarters Central Command, M G Marg, Lucknow, Uttar Pradesh-226002SYNB00084882260250570522-2482620

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 

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

Documentation for Syndicate Bank Loans in Lucknow

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

 

You May Also Read

Calculate the SIP amount per month.

Calculate the amount you can accumulate with fixed SIP

Suggested SIP amount is based on the selected goal amount, expected return & tenure of the investment.

Suggested accumulated amount is based on the selected SIP, time period & expected returns of the investment.

0.00 /-

Personal Loan Interest Rates November 2017
Bajaj Finserv 11.99% - 15.50%
Fullerton India 14.00% - 33.00%
HDFC Bank 10.99% - 20.70%
ICICI Bank 11.00% - 18.40%
IndusInd Bank 12.99% - 20.00%
Kotak Bank 10.99% - 17.99%
RBL 14.00% - 20.00%
Standard Chartered Bank 10.99% - 14.49%
Tata Capital 13.00% - 21.00%
Home Loan Interest Rates November 2017
State Bank of India/SBI 8.30% - 8.60%
HDFC 8.35% - 8.95%
Bank of Baroda 8.30% - 9.30%
LIC Housing 8.35% - 8.70%
PNB Housing Finance 8.35% - 8.70%
ICICI Bank 8.35% - 8.85%
Axis Bank 8.35% - 8.75%
Citibank 8.60% - 9.35%
Indiabulls Housing Finance Limited 8.35% - 8.55%
Kotak Bank 8.35%
EMI Calculator