Syndicate Bank has reduced its marginal cost based lending rate across all tenors. For overnight and one month maturities, the rate has been revised to 8 per cent, while for three month and six month maturities the rate has been reduced to 8.10 per cent and 8.25 respectively.
2017-09-05 :Syndicate Bank launches loan campaign in Kolkata
Syndicate Bank has recently launched a home loan and MSME campaign in Kolkata at its bank branch located at Rajarhat. The campaign is organized to bring awareness to the general public about various products including housing loan, education loan, Vehicle loan, Gold loan and Business loan.
2017-09-04 :Syndicate Bank opens 40 ‘Ananya’ branches syndicate bank
Syndicate Bank has recently inaugurated its 40 ‘Ananya’ transformed branches. Under the arrangement, the bank aims to provide best customer service to its bank customers in terms of loans including personal loans, home loans and jewel loans, deposits as well as accounts. Meanwhile, the bank has also announced the launch of its first micro, small and medium enterprise (MSME) hub in Bengaluru which will help the bank to reduce turnaround time of the loan sanctioning process.
2017-08-21 :Syndicate Bank to focus on improving asset quality in FY18
Syndicate Bank is planning to focus on improving its asset quality in FY18. Simultaneously, the bank aims to bring down gross non-performing assets (NPAs) to 8.75 per cent. Besides improving its asset quality, the bank would also focus on mobilising its CASA deposits and growing its advances to the retail, agriculture and MSME sectors.
2017-08-09 : Syndicate Bank announces reduction in MCLR rates by 5-10 basis points
Syndicate Bank has slashed its marginal cost based lending rate (MCLR) by 5-10 basis points. The bank has changed the MCLR rate for six month and one year to 8.3 per cent and 8.5 per cent respectively as against 8.35 and 8.60 offered earlier. While for all other maturities, the MCLR rates have been left unchanged. The new MCLR rates are effective from 10th August, 2017.
*Terms and conditions apply. Credit at sole discretion of lender subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and from collected from public sources. MyLoanCare is an independent professional service provider and is not related to the government or government bodies or any regulator or any credit information bureau in any way. Information carried at this website is not and should not be construed as an offer or solicitation or invitation to borrow or lend. The Company does not undertake any liability with respect to the correctness of the content, information and calculations. Information is subject to change without notice. By submitting your query or using any tools or calculators, you authorize MyLoanCare to share your information with lender(s), consent for such lender(s) to access your credit information report and contact you regarding your query overriding your number being in National Do Not Call Registry. This is a free service and no charges are payable by the borrower to MyLoanCare. The Company may receive remuneration from lenders for services provided to them.