Syndicate Bank

Syndicate Bank provides banking products and services to corporate, small and medium enterprises, and retail customers in India. It offers deposit products that comprise savings bank accounts, current accounts, and term deposits. Syndicate Bank also provides retail, agricultural, SME, and other priority sector loans. Moreover, it offers corporate finance, such as working capital finance; export credit; term loan finance; project finance that includes infrastructure projects; loan against future rent receivables; and project appraisal and syndication services. Further, Syndicate Bank provides online will writing, Aadhaar seeding, NEFT/RTGS, online tax payment, online shopping and utility bill payment, online income tax return, e-passbook, and customer care services. Additionally, it offers Internet, mobile, SMS, and Tab banking services; debit and credit cards; cash management and capital market services; life insurance; non-life insurance products comprising mediclaim policy, home care policy, fire policy/stock/machinery/building insurance, burglary insurance, shopkeepers insurance, vehicle insurance, and electronic equipment insurance; mutual fund services; and De-mat services consisting of online trading and NSE market tracker services. Syndicate Bank also provides customer education services; and international banking products, such as non-resident (external) rupee, non-resident ordinary rupee, resident foreign currency, and foreign currency non-resident accounts, as well as manages exchange companies. It operated 4012 branches, including 1,239 rural, 1,127 semi-urban, 813 urban, and 833 metro branches in India; and 1 branch in London, as well as 4,248 ATMs as of March 31, 2018. Canara Industrial and Banking Syndicate that began operation in 1925 became Syndicate Bank in 1963. It has its headquarters in Manipal in India.