Syndicate Bank Pune

Banks 132 views

About Syndicate Bank 

Syndicate Bank is quite a story to unfold. From the time of 1925, when it was founded, to now having business into crores, the bank has gone through various circumstances and emerged triumph on most occasions. The bank story is all about the story of three gentlemen from three different fields combining together to form a unit. Upendra Anantha Pai, a businessman, TMA Pai, a physician and Vaman Kudva, an engineer were the ones that collaborated to form Canara Industrial and Banking Syndicate, a previous name of Syndicate Bank. When different people come together, the flow of innovative ideas is evident. It also worked the same way for Syndicate Bank. In 1928, these three individuals came up with an idea to start a doorstep facility to mop up small savings through Pigmy Deposit Scheme. Collection agents were hired to receive the public deposits from the customers at their residences. The service soon became popular and hence added the list of customers. And to your surprise, the scheme is still on and has now become the brand equity of the bank. 

Following the success of the scheme and other operational efficiencies, the Government of India took it under its control in 1969, after more than 40 years of private ownership. After that, the bank has been continuously notching up the growth chart. And the result is that it has now become a preferred bank for retail, international, corporate, MSME and rural customers. With unique product offering, the bank has been quite successful in meeting the requirements of different consumers. 

The success of the bank has a lot to do with the brand visibility. And on this front, it is not behind at all. With both branches and ATMs more than 3,000 in number, the bank is making the right noises in the market. It also has an overseas operation in London, one of the key financial centres in the world. 

Residing in Pune and wanting good banking services? Come to Syndicate Bank as it owns 25-30 branches in the city. You can choose from them according to your comfort and suitability. Want to know about these branches? Get down to the details presented in the table below.

Syndicate Bank Pune Branches 

Branch NameComplete AddressIFSCMICR Contact Detail
Laxmi Road712, Narayan Peth, First Floor, Laxmi Road, Pune, Maharashtra-411030SYNB0005320411025002020-24454185, 24454087
Shivaji NagarSneha Centre Cts No 1182/2, Ferguson College Road, Shivaji Nagar, Pune, Maharashtra-411005SYNB0005321411025003020-25531419, 25531806
Connaught RoadParmar Chambers, Connaught Road, Pune, Maharashtra-411001SYNB0005324411025004020-26120088, 26122266, 26125801
GultekdiNew Market Yard, Plot No.473/474, Gultekdi, Pune, Maharashtra-411037SYNB0005327411025007020-24270544, 24260232
KhandalHotel Shabana Building, Shivaji Path, Khandala, Pune, Maharashtra-410301SYNB0005328410025302
Rasta Peth588, Rasta Peth, Pune, Maharashtra-411011SYNB0005331411025006020-26336261
Karve Road47/23, Erandavana, Off Karve Road, Law College Rd, Near Film & T.V. Institute, Pune, Maharashtra-411004SYNB0005332411025008020-25433430 25438281
Pune Housing Finance BranchBharati Vidypeeth Bhavan, 3rd Floor, Navi Peth, Lal Bahadur Shastri Marg,Pune, Maharashtra-411030SYNB0005338411025999020-24334981
Karve NagarS No 11/2 Lane No 1, Vardhaman Nagari River Road, Shahu Colony, Karve Nagar, Pune, Maharashtra-411052SYNB0005339411025013020-25461338
AkurdiBajaj Auto Ltd, Bombay Pune Road, Akurdi, Pune, Maharashtra-411035SYNB0005341411025010020-27475396
Aundh Bungalow No 3, Shri Krupa, Bhuvaneshwar Society, Pashan Road, NCL Post Office, Aundh Pune, Maharashtra-411008SYNB0005342411025014020-25893384
Pune Regional OfficePune Regional Office, Bharati Vidyapeeth Bhavan, Lal Bahadur Shashtri Marg, Navi Peth, Pune, Maharashtra-411030SYNB0005334411025998020-24337949, 24339235, 24334928, 24333850, 24334845
AkurdiBlooming Dale, Plot No Sd5 And 6, Sector 32A, Near Dy Patil College, Pradhikaran, Pune, Maharashtra,-412101SYNB0005348
Pimpale SaudagarSNO 141/2, 3, 4, 5 Shop No 2, Rajveer Palace, Phase Ii Pimpale Saudagar, Pune, Maharashtra-411027SYNB0005350411025018020-24337949
Urali KanchanJagtap Pride, Urali Kanchan Tal Haveli District Pune, Maharashtra-412202SYNB0005352020-24324845

Products Offered by Syndicate Bank in Pune 

Are you looking to buy a car? Is buying a property in Pune your priority? Want to mortgage your property to get a loan? Choose Syndicate Bank for all these purposes and more as it gives you a plethora of loans at attractive interest rates and longest repayment tenure to suit your budget. The loans offered by the bank consists of a home loan, personal loan, loan against property, loan against rent receivables, car loan and much more. The details of the loans are presented in the table below. Look at that and make a right choice out of the options available at your disposal.

Basic Details of Syndicate Bank Loans in Pune 

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 salary12.25% - 13.25%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

Documents You Need to Obtain Loans from Syndicate Bank in Pune

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