Syndicate Bank was a public sector bank in India. However, effective from April 1, 2020, Syndicate Bank has been amalgamated with Canara Bank, another public sector bank, as per the directive of the Government of India. The amalgamation aimed to create a stronger and more efficient banking entity.
Before the amalgamation, Syndicate Bank had a significant presence in Karnataka and other parts of India. It offered a wide range of banking services and products to its customers. Some key services provided by Syndicate Bank included:
Savings and Current Accounts: Syndicate Bank provided various types of savings and current accounts to cater to the banking needs of individuals and businesses. These accounts came with features like ATM/debit cards, online banking, and mobile banking facilities.
Loans: The bank offered loans for different purposes, such as home loans, vehicle loans, personal loans, education loans, and business loans. These loans were designed to meet the diverse financial requirements of customers.
Deposits: Syndicate Bank provided fixed deposits, recurring deposits, and other deposit schemes with competitive interest rates and flexible tenure options.
Credit Cards: Syndicate Bank issued credit cards to eligible customers. These credit cards offered features such as cashback, rewards programs, and convenient payment options.
Internet Banking: Syndicate Bank offered internet banking services, enabling customers to access their accounts, perform online transactions, pay bills, and avail various banking services through the bank's online platform.
Syndicate Bank was established in 1925 in Udupi. Their objective was primarily to extend financial assistance to the local weavers who were crippled by a crisis in the handloom industry through mobilising small savings from the community.
The Bank is well equipped to meet the challenges of the 21st century in the areas of information technology, knowledge and competition.
The progress of Syndicate Bank has been synonymous with the phase of progressive banking in India. Spanning over 80 years of pioneering expertise, the Bank has created for itself a solid customer base comprising customers of two or three generations.
SyndicateBank
Head Office
Post Box No.1
MANIPAL 576 104
(Udupi Dist) Karnataka
INDIA
Phones (EPABX): 0820-2571181 to 2571196
Fax : CMDSectt : 0820-2570266
Email: hocmdsec@syndicatebank.co.in
Web : http://www.syndicatebank.in/