Syndicate Bank New Delhi

Banks 106 views

About Syndicate Bank 

Syndicate Bank, with over 3,000 branches and ATMs, could just be the one would require for your financial goals. The bank’s growth can be understood from the fact that its business is now running into crores after starting with ₹ 8,000 in 1925. Operation, technology and skilled manpower are the resources that have led the Bengaluru-headquartered bank to grow more as the time moved along. The operation of the bank has managed to carve out a new impression from time to time. It could well be due to the fact that the founders had come from different fields. Vaman Kudva, TMA Pai and Upendra Anantha Pai belonging to the profession of engineer, physician, and business came together to script the history. Different ideas collaborated and formed the strong base of today’s Syndicate Bank, which was earlier referred to as Canara Industrial and Banking Syndicate. 

The start, one could say, was modest. But slowly but slowly, the bank started taking rapid strides. Few years down the line came Pigmy Deposit Scheme, which changed the complexion completely by adding more and more customers into the bank’s list. The service of collecting the deposits from the customers at their homes started doing wonders. And now even after 92 years, the service is on and has become the bank’s identity. It won’t be wrong to say that a small saving mobilization plan turned into a full blown customer acquisition exercise. The scheme allows the bank to receive an approximate deposit of ₹ 2 crores daily. 

In 92 years, the bank has come across a variety of clients belonging to different spheres. From corporate & NRI banking to retail, MSME and rural banking, the bank has served the needs of all. The unique product offering has enabled the bank to sail smoothly even though the competition remains ever so fierce. 

As said technology has been one of the focal points, the bank has improvised upon its technology to beat whatever competition it has had to face over the years. The launch of Centralized Banking Solution (CBS) to create a strong network in its operation has been a real force for the bank in the recent times. It brought strong operational flow and enhanced convenience for consumers, leading into massive business for the bank. 

In addition to more than 3,000 branches and ATMs, the bank has more than 50 regional offices based across different regions of the country. Also, the bank operates a branch in London. 

You have a wider range of branches to choose from if you staying in New Delhi. The city hosts over 100 branches of Syndicate Bank. Now when you know you have a bigger pool of branches to select from, you can easily avail the services of Syndicate Bank. But even then, the nearest branch would be your top most priority, isn’t it? So, a table below will take you along to your favourite as well as the nearest branch in your city New Delhi. 

Syndicate Bank New Delhi Branches 

Branch NameComplete AddressIFSCMICRContact Detail
Asaf Ali Road29A/1 Madho Mansion, Ist Floor Asaf Ali Road, New Delhi, Delhi-110001SYNB0009000110025002011-23239464, 23236949, 23234021
Karol BaghRachna Building, 13/30 Ajmal Khan Road, New Delhi, Delhi-110005SYNB0009002110025025
Chandni ChowkJ T D Building, Near Moti Cinema, Chandni Chowk, Delhi-110006SYNB0009003110025008
Connaught CircusF-40, Connaught Circus, New Delhi-110001SYNB0009004110025010
INA ColonySubhanchal Hostel Building, INA Colony, New Delhi, Delhi-110023SYNB0009007110025022
Delhi Cantonment22 Thimmayya Marg, Cantonment, New Delhi, Delhi-110010SYNB0009008110025007(011-25691448, 25693841
R K PuramDelhi Tamil Sangam Building, Sector V, Ramakrishna Puram, New Delhi, Delhi-110022SYNB0009009110025043
Shahdara9411-9416, Shankar Market, Railway Road, Chhota Bazar, Shahdara, Delhi-110032SYNB0009010110025046
Punjabi BaghBuilding No. 2 & 3, Central Market, West Punjabi Bagh, New Delhi-110026SYNB0009011110025040
ChattarpurMain Road, Chattarpur, New Delhi, Delhi-110030SYNB0009013110025009
NangloiNo.1 Najafgarh Road, Nangloi, Delhi-110041SYNB0009015110025034
Fatehpur BeriMain Road, Fatehpur Beri, New Delhi, Delhi-110030SYNB0009016110025015
Indraprastha Estate4 Nehru House, Bahadur Shah Zafar Marg, Indraprastha Estate, New Delhi-110002SYNB0009017110025021
NangalrayaWZ-344 Nangalraya, New Delhi, Delhi-110046SYNB0009019110025033
Haiderpur VillagHaiderpur Village, Rohini,Delhi-110085SYNB0009021110025020
AzadpurC 49B, Mahendru Enclave, Gt Karnal Road, Azadpur, Delhi-110033SYNB000902211002500011-27247077, 27234231
Rani Jhansi Road43 Rani Jhansi Road, Opposite Jhandewalan Mandir, New Delhi, Delhi-110055SYNB0009023110025044
Dev Nagar16-B/6 Mehra Chambers, Desh Bandhu Gupta Road, Dev Nagar, New Delhi, Delhi-110005SYNB0009024110025012
Old Rajinder Nagar1-1A Old Rajinder Nagar, New Delhi, Delhi-110060SYNB0009026110025042

Products Offered by Syndicate Bank in New Delhi 

Come to New Delhi and you will get an extensive line of deposits and loans to choose from. Finding a home in a place like New Delhi always remains a dream for many. For that, you have an attractive home loan in front of you. For those wanting to avoid public transport, a car loan with different options would help them buy a right car fitting into their budget. And not to forget the personal loan that can solve the instant cash requirements if it arises. So, you can fulfill your dreams as well as meet the contingencies by availing the services of Syndicate Bank branches in New Delhi.

Basic Loan Details of Syndicate Bank in New Delhi

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 salary13.50%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 value

8.75%

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

9.40%

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 Needed to Avail Loans from Syndicate Bank in New Delhi 

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