Syndicate Bank Patna
Last Updated : Aug. 30, 2018, 5:14 p.m.
About Syndicate Bank
What a fabulous ride of more than 92 years that Syndicate Bank has had? Starting from a capital base of ₹ 8,000 to having its business into crores now represents the success of Syndicate Bank, whose name earlier was Canara Industrial and Banking Syndicate. It’s the core ideology to serve the customers with the utmost finesse that has helped the bank grow immensely over the past 9 decades that it has been in the banking space. It was the minds of three people-TMA PAI, Upendra Anantha Pai and Vaman Kudva-from three different professions that led to the creation of Syndicate Bank.
Three different minds but all of them were on the same lines as far as the bank’s foundation is concerned. Also stunning was the fact that the thought came into their minds when the entire focus was on making India free from the British regime at that time. But the leaders always find their way. And it got further proved in the case of these gentlemen who through their sheer dedication first launched the bank and then prepared a base for it to grow with the time.
The actual race began in 1928 when the bank launched a small savings scheme through Pigmy Deposit Scheme, enabling the collection of customer deposits without making them visit the branches. It was made possible with the bank hiring the collection agents to do the job. Seemed like a small service but became a real head turner as customers were increasingly impressed by that. In all these years, the bank has only grown stronger with this deposit scheme. Today, it holds its heads high with a daily deposit of ₹ 2 crores. Rightly so, the scheme is hailed as the brand equity of the bank.
With the scheme becoming famous, the bank grabbed eyeballs not only from the customers but even the government administration. Finally, in 1969, the Government of India got the control of the bank from the private hands. After this remarkable success, the bank has been charting higher growth across the banking verticals. If top corporates have corporate finance as a product at Syndicate Bank, the retail consumers find a host of deposits and loans there.
By shaping up the technology, the bank has been able to smoothen its operations considerably, resulting in enhanced productivity and customer loyalty. The bank has come up with Centralized Banking Solution (CBS) to maintain a perfect operational flow between the branches and ATMs.
The bank’s presence is understandably impressive with more than 3,000 branches and ATMs that are there to serve your needs in the best manner possible. And when you add more than 50 regional offices, the presence becomes even more enlarging. Not many would know that the bank has an overseas branch in London, recognized as one of the key financial hubs worldwide.
From Mumbai to Delhi and from Chennai to Patna, the bank has operations everywhere in the country. If we talk about the latest location i.e. Patna, you would know that the bank has around 10-15 branches to choose from for your banking needs. Want to know the details of these branches? Get your eyes on the below information.
Syndicate Bank Patna Branches
Branch Name | Complete Address | IFSC | MICR | Contact Detail |
---|---|---|---|---|
Fraser Road | Capital Tower, B Block, Fraser Road, Patna, Bihar-800001 | SYNB0007400 | 800025002 | 0612-2239730, 2226557 |
Kidwaipuri | 14, Aniket, I.A.S.Colony, S.K.Nagar, Kidwaipuri, Patna, Bihar-800001 | SYNB0007404 | 800025004 | 0612-2522923 |
Danapur Cantonment | Cantonment Board, Chavani Sadan, Sadar Bazar, Danapur, Patna, Bihar-801503 | SYNB0007405 | 800025007 | |
Bailey Road | Gyan Niketan Public School, Ranjan Path, West Of Bailey Road, Patna, Bihar-801503 | SYNB0007406 | 800025006 | |
Saidpur | Sewage Treatment Plant (Stp), Bihar Rajya Jal Parishad, Saidpur, Patna, Bihar-800016 | SYNB0007407 | 800025005 | 0612-2691319 |
Regional Office | Patna Regional Office, 2Nd Floor Mourya Tower, Mourya Lok Complex, Dak Bunglow Road, Patna, Bihar-800001 | SYNB0007402 | 800025999 | 0612-2203678, 2222328, 2234219 |
CBSE Extension Counter | CBSE, Ambika Complex, Behind SBI Colony, Sheikhpura, Raja Bazar, Patna, Bihar-800014 | SYNB0002433 | 800025011 | |
ARMB - Patna | Mourya Towers, Mourya Lok, Patna, Bihar-800001 | SYNB0007415 | ||
Hanuman Nagar | K-217 Sangita Palace, Maznini Floor P C Colony, Hanuman Nagar, Patna, Bihar-841428 | SYNB0007432 | 800025008 | |
Ashok Rajpath | Ashok Rajpath, Hajiganj, Patna, Bihar-800008 | SYNB0007434 | 800025009 | |
Boring Road | 2 BSIDC Colony, Near Roti Restaurant, Opposite A. N. College, Boring Road, Patna, Bihar-800013 | SYNB0007433 | 800025010 | |
Sudarshan Vihar | Patna Central School, Sudarshan Vihar, Jaganpura, Patna, Bihar-800027 | SYNB0007435 |
Products Offered by Syndicate Bank in Patna
Looking for a loan in Patna? Come to the branches of Syndicate Bank in the city. The officials of Syndicate Bank branches here are adept with the necessary expertise to guide you towards picking a right product for your needs. At the same time, they ensure the option you choose does not hurt your wallet in any which way. The loan options you have here is a home loan, personal loan , car loan, loan against property, loan against rent receivables and others. The option you choose would depend on your financial goals. Based on the goals, you can decide from the list of products that are shown with their details in the table below.
Basic Details of Syndicate Bank Loans in Patna
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 You Need to Obtain Loans from Syndicate Bank in Patna
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 |