Syndicate Bank Savings Account
|Syndicate Bank/Canara Bank Savings Account||Details|
|Minimum Balance Requirement||
With cheque book: Rs. 500 for rural areas, Rs. 1000 for urban areas
Without cheque book: Rs. 100 for rural areas, Rs. 500 for urban areas
3.25% for outstanding balances up to Rs. 50 lakhs
3.75% for outstanding balances of over Rs. 50 lakhs
Passbook, debit card, net banking, mobile banking, DD pay orders, nomination option
Single/joint account, minor account, senior citizen account, and a lot more
Syndicate Bank Savings Account
A Syndicate Bank savings account gives a bunch of banking advantages like bendy smooth money owed management, along side a aggressive interest rate. you could make brief application bill bills through NetBanking, and experience numerous capabilities in comfort banking with a Syndicate financial institution savings Account.
The Bank became started out to offer financial help to the nearby weaver community who have been experiencing monetary difficulties. It came to be referred to as the Syndicate financial institution in 1964 and became nationalised in 1969. began with humble origins, the financial institution presently spans a country wide network of 3552 branches. The financial institution also has a tremendous ATM community that covers each vicinity in India.
Features and benefits of Syndicate Bank Savings account
There are various blessings to having a savings account with Syndicate financial institution:
- Protection and safety while you credit your money in a savings account.
- Distinct financial savings account for distinct want.
- Get admission to your account quite simply through internet Banking / SMS financial institution / internet Banking.
Syndicate Bank Savings Account Charges
|Type of Savings Account||
Average Monthly Balance Requirement
|SyndSamanya Savings Account||
No minimum balance
|Premium Savings Account||Rs. 10, 000|
|Special Premium Savings Account||Rs. 20, 000|
Syndicate Bank Savings Account products
SyndSamanya financial savings Account:
This is a 0 stability account that lets in holders to enjoy the privileges of a savings account without the need to keep a excessive stability. a fully KYC compliant account, holders will revel in local cheque series freed from rate. they may additionally be eligible for a cheque e-book if the minimal balance as stipulated by using the bank is maintained.
Premium savings Account:
revel in a number of privileges and add-on blessings with your Syndicate financial institution top rate savings Account. to be had at branches with e-banking facility, this account gives holders a sweep in, sweep out facility that converts excess stability within the account to a hard and fast deposit. Holders may be able to liquidate this deposit in the event that they choice, freed from fee. The excess stability might be swept out in multiples of Rs. 1, 000 into a 180 day fixed deposit. they may additionally get hold of hobby on the winning hobby fee.
Special premium financial savings Account:
With the special premium financial savings Account, holders can avail the benefits of a savings account and the excessive interest rate of a fixed deposit. Account balance in extra of Rs. 20, 000 might be swept into a fixed deposit with a 1 year and 1 day term. Holders will receive attractive fees if interest on the quantity and will also be able to interrupt the deposit if they may be I pressing need of price range without paying a penalty fee.
Syndicate Bank Savings account welcome kit
The Welcome kit includes the username and password in addition to the kit wide variety, with a purpose to are available on hand during logging in for the primary time. all of the details within the welcome kit can be used to get entry to and set up the syndicate bank internet Banking facility for the first time, and additionally for other purposes in destiny.
Syndicate Bank Savings account opening process
It is easy to open a Syndicate bank financial savings account. you could visit your nearest department and feature a purchaser care consultant help you with the forms. you can communicate to the representative approximately your saving needs and open an account therefore.
Alternatively, you may down load the savings account starting shape on-line, fill it and visit your nearest Syndicate financial institution branch along with your KYC files.
Syndicate Bank documents required Savings Account
A number of the documents that you may put up for identity and cope with proof consist of:
- Aadhaar card
- task card issued via the NREGA and signed by using nation authorities officers
- power invoice
- cellphone invoice
- Voter identity
- Driving license
Aside from any one of the above files, you need to offer your PAN card and two current passport size pictures, while opening the SB account.
Can minors open a savings bank account with Syndicate bank?
Syndicate financial institution does not have a separate savings bank account for minors. however, minors can function the account at the same time in conjunction with a parent.
What’s the minimal monthly balance for a financial savings financial institution account in Syndicate financial institution?
It depends on the type of account you select. For the SyndSamanya financial savings financial institution account, the minimum month-to-month account balance is zero. For the SyndSupreme financial savings bank account, the minimum month-to-month stability is Rs. 1 lakh.
If I open a savings bank account jointly with another person, is it enough if one person provides the KYC documents?
No. In the case of joint accounts, all applicants have to furnish the requisite KYC documents.
Who can open a Canara Bank/Syndicate Bank SB account?
The account is eligible for people, organizations, corporations, and many others who fulfil the conditions by way of the Reserve financial institution of India.
Table of Contents
- 1 Syndicate Bank Savings Account
- 2 Syndicate Bank Savings Account
- 3 Features and benefits of Syndicate Bank Savings account
- 4 Syndicate Bank Savings Account Charges
- 5 Syndicate Bank Savings Account products
- 6 Syndicate Bank Savings account welcome kit
- 7 Syndicate Bank Savings account opening process
- 8 Syndicate Bank documents required Savings Account
- 9 FAQs
- 9.1 Can minors open a savings bank account with Syndicate bank?
- 9.2 What’s the minimal monthly balance for a financial savings financial institution account in Syndicate financial institution?
- 9.3 If I open a savings bank account jointly with another person, is it enough if one person provides the KYC documents?
- 9.4 Who can open a Canara Bank/Syndicate Bank SB account?