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Syndicate Bank was established in 1925 in coastal Karnataka by Sri Upendra Ananth Pai, a businessman, Sri Vaman Kudva, an engineer and Dr. T M A Pai.The bank is still rooted to its rural values, but has developed tremendously along with the modern developing society. The bank has launched CENTRALISED BANKING SOLUTIONS (CBS) system, linking all its 500 branches and ATMs.

The IFSC Code of Khan market branch of Syndicate bank is SYNB0009043