Established in 1925, Syndicate bank is one of the major commercial banks in India with more than 93 years of experience and expertise in the banking sector. The bank was initially known as ‘Canara Industrial and Banking Syndicate Limited’ which was formed with the primary objective of extending the financial assistance to local weavers. With the merger of many banks with Canara Industrial and Banking Syndicate Limited, name was changed to Syndicate Bank Limited in the year 1964. Later in 1969, the bank was nationalised by the Government of India. Headquartered in Manipal, Karnataka, Syndicate bank manages approximately 3500 branches in India that offers e-banking and core banking services. Along with its strong presence across the country, Syndicate bank also has its overseas branches in the United Kingdom. The bank also offers several digital banking services to its customers. With the bank’s various digital initiatives, banking has become even more simple and convenient.
Some of the key features are as mentioned: