Syndicate Bank Pune
Last Updated : Feb. 21, 2017, 1:54 p.m.
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 Name | Complete Address | IFSC | MICR | Contact Detail |
|---|---|---|---|---|
| Laxmi Road | 712, Narayan Peth, First Floor, Laxmi Road, Pune, Maharashtra-411030 | SYNB0005320 | 411025002 | 020-24454185, 24454087 |
| Shivaji Nagar | Sneha Centre Cts No 1182/2, Ferguson College Road, Shivaji Nagar, Pune, Maharashtra-411005 | SYNB0005321 | 411025003 | 020-25531419, 25531806 |
| Connaught Road | Parmar Chambers, Connaught Road, Pune, Maharashtra-411001 | SYNB0005324 | 411025004 | 020-26120088, 26122266, 26125801 |
| Gultekdi | New Market Yard, Plot No.473/474, Gultekdi, Pune, Maharashtra-411037 | SYNB0005327 | 411025007 | 020-24270544, 24260232 |
| Khandal | Hotel Shabana Building, Shivaji Path, Khandala, Pune, Maharashtra-410301 | SYNB0005328 | 410025302 | |
| Rasta Peth | 588, Rasta Peth, Pune, Maharashtra-411011 | SYNB0005331 | 411025006 | 020-26336261 |
| Karve Road | 47/23, Erandavana, Off Karve Road, Law College Rd, Near Film & T.V. Institute, Pune, Maharashtra-411004 | SYNB0005332 | 411025008 | 020-25433430 25438281 |
| Pune Housing Finance Branch | Bharati Vidypeeth Bhavan, 3rd Floor, Navi Peth, Lal Bahadur Shastri Marg,Pune, Maharashtra-411030 | SYNB0005338 | 411025999 | 020-24334981 |
| Karve Nagar | S No 11/2 Lane No 1, Vardhaman Nagari River Road, Shahu Colony, Karve Nagar, Pune, Maharashtra-411052 | SYNB0005339 | 411025013 | 020-25461338 |
| Akurdi | Bajaj Auto Ltd, Bombay Pune Road, Akurdi, Pune, Maharashtra-411035 | SYNB0005341 | 411025010 | 020-27475396 |
| Aundh | Bungalow No 3, Shri Krupa, Bhuvaneshwar Society, Pashan Road, NCL Post Office, Aundh Pune, Maharashtra-411008 | SYNB0005342 | 411025014 | 020-25893384 |
| Pune Regional Office | Pune Regional Office, Bharati Vidyapeeth Bhavan, Lal Bahadur Shashtri Marg, Navi Peth, Pune, Maharashtra-411030 | SYNB0005334 | 411025998 | 020-24337949, 24339235, 24334928, 24333850, 24334845 |
| Akurdi | Blooming Dale, Plot No Sd5 And 6, Sector 32A, Near Dy Patil College, Pradhikaran, Pune, Maharashtra,-412101 | SYNB0005348 | ||
| Pimpale Saudagar | SNO 141/2, 3, 4, 5 Shop No 2, Rajveer Palace, Phase Ii Pimpale Saudagar, Pune, Maharashtra-411027 | SYNB0005350 | 411025018 | 020-24337949 |
| Urali Kanchan | Jagtap Pride, Urali Kanchan Tal Haveli District Pune, Maharashtra-412202 | SYNB0005352 | 020-24324845 |
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
| 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 Pune
| 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 |