All About Syndicate Bank

In which year Syndicate Bank was came into existence ? Also provide the list of Products offered by the Syndicate Bank .

[Quick Sam]

Syndicate Bank was came into existence in the year 1925 . It is one of the oldest and major commercial banks of India.

The head quarter is located at Manipal, Karnataka, India .

It was founded by T M A Pai, Upendra Pai and Vaman Kudva.

In earlier times , the bank was known as Canara Industrial and Banking Syndicate Limited.

Regional rural banks –

Andhra Pragathi Grameena Bank

Prathama Bank

Karnataka Vikas Grameena Bank

Products –

Finance and insurance
Consumer Banking
Corporate Banking
Investment Banking
Investment Management
Private Equity
Mortgages
Credit Cards

Corporate Tie Up

Bank had signed a MOU with M/s SBI Life Insurance Co. Ltd. to offer Group Life Insurance cover to Education Loan Borrowers of the Bank.

Bank has a tie-up with M/s TATA-AIA Life Insurance Co Ltd. to offer Group Life Insurance cover to Housing

Contact Details :
Syndicate Bank
Head Office
Door No. 16/355 & 16/365A Manipal - 576 104 Udupi District Karnataka State (India)

I am an ardent consumer of Syndicate Bank and so would like to know some of the early facts and the journey of the Bank?

[pawan]

Syndicate Bank was recognized in 1925 in Udupi, the home 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 well-built commitment to social welfare.

The development of Syndicate Bank has been identical with the phase of progressive banking in India. Spanning over Eighty years of pioneering proficiency, the Bank has fashioned for itself a solid customer base comprising customers of two or three generations.

Its values of growth by mutual sustenance of both the Bank and the people has paid rich dividends. The Bank has been functioning as a catalyst of development across the country with meticulous reference to the common man at the individual level and in rural/semi urban centres at the area level.

The Bank is well capable to meet the challenges of the 21st century in the areas of information technology, knowledge and competition. A wide-ranging IT plan is being put in place and the skills and knowledge of the Bank's human resources are being upgraded through a variety of training programmes to encourage customer delight in every sphere of its activity.

Memorable Milestones in a 85-Year Journey

 Growing Far And Wide
 Pigmy Deposit Scheme - Bank's Brand Equity
 Nationalisation - Bank's Catalytic Role
 Pioneer In Rural Development
 Social Lending - Concern For The Underprivileged
 Priority For Women - Towards Greater Empowerment
 Implementation of PM's 15 point programme for welfare of Minorities
 Technology Initiatives
 Awards Won By The Bank Over The Years