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Syndicate bank


  1. Bank : Syndicate bank
  2. ShortName : Syndicate bank

Decsription


Syndicate Bank was established in 1925 in Udupi, the abode of Lord Krishna in coastal Karnataka with a capital of Rs.8000/- by three visionaries - Sri Upendra Ananth Pai, a businessman, Sri Vaman Kudva, an engineer and Dr.T M A Pai, a physician - who shared a strong commitment to social welfare. 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 collected as low as 2 annas daily at the doorsteps of the depositors through its Agents under its Pigmy Deposit Scheme started in 1928. This scheme is the Bank's brand equity today and the Bank collects around Rs. 2 crore per day under the scheme.

Bank Contact Details


  1. Address: : F-40 CONNAUGHT CIRCUS,NEW DELHI, 110001
  2. Website: : www.sydicatebank.in
  3. Phone: :

Loan Range

Less than 4.0 Lacs India

Duration :  5-7 Years Rate of Interest :   13.25% Margin :   No Margin

More than 4.0 Lacs Abroad

Duration :  5-7 Years Rate of Interest :   13.25% Margin :   15%

Less than 10.0 Lacs India

Duration :  5-7 Years Rate of Interest :   13.25% Margin :   5%

More than 10.0 Lacs Abroad

Duration :  5-7 Years Rate of Interest :   13.25% Margin :   15%

Contact Person Details


  1. Name: : Maruti Nandan
  2. Designation: :
  3. Mobile: : 8800567711
  4. Email Id: : info@admissionjankari.com

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