Syndicate Bank Patna

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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 NameComplete AddressIFSCMICRContact Detail
Fraser RoadCapital Tower, B Block, Fraser Road, Patna, Bihar-800001SYNB00074008000250020612-2239730, 2226557
Kidwaipuri14, Aniket, I.A.S.Colony, S.K.Nagar, Kidwaipuri, Patna, Bihar-800001SYNB00074048000250040612-2522923
Danapur CantonmentCantonment Board, Chavani Sadan, Sadar Bazar, Danapur, Patna, Bihar-801503SYNB0007405800025007
Bailey RoadGyan Niketan Public School, Ranjan Path, West Of Bailey Road, Patna, Bihar-801503SYNB0007406800025006
SaidpurSewage Treatment Plant (Stp), Bihar Rajya Jal Parishad, Saidpur, Patna, Bihar-800016SYNB00074078000250050612-2691319
Regional OfficePatna Regional Office, 2Nd Floor Mourya Tower, Mourya Lok Complex, Dak Bunglow Road, Patna, Bihar-800001SYNB00074028000259990612-2203678, 2222328, 2234219
CBSE Extension CounterCBSE, Ambika Complex, Behind SBI Colony, Sheikhpura, Raja Bazar, Patna, Bihar-800014SYNB0002433800025011
ARMB - PatnaMourya Towers, Mourya Lok, Patna, Bihar-800001SYNB0007415
Hanuman NagarK-217 Sangita Palace, Maznini Floor P C Colony, Hanuman Nagar, Patna, Bihar-841428SYNB0007432800025008
Ashok RajpathAshok Rajpath, Hajiganj, Patna, Bihar-800008SYNB0007434800025009
Boring Road2 BSIDC Colony, Near Roti Restaurant, Opposite A. N. College, Boring Road, Patna, Bihar-800013SYNB0007433800025010
Sudarshan ViharPatna Central School, Sudarshan Vihar, Jaganpura, Patna, Bihar-800027SYNB0007435

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

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 You Need to Obtain Loans from Syndicate Bank in Patna

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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