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Syndicate-e-banking
 
SyndicateBank has always recognized that Information Technology is an essential part of Banking. The Bank has been in the forefront
amongst Public Sector Banks in deploying the latest available technology, in a way that technology acts as an enabler in the development
of business and ensures that customers are benefited and delighted.

Core Banking Solution (Syndicat-e-banking)

 The Bank is the first among the Public Sector Banks to implement Core Banking Solution (CBS), way back in 2001. During
the financial year 2007-2008, CBS was further consolidated and the overall CBS network of the Bank increased to 1829
branches/offices spread across 1033 centres and accounted for about 96% of the Bank's business.

 As on 17.03.2009, all our Branches are in the CBS fold.

 The CBS Project has enabled the Bank to deliver banking products and services over multiple delivery channels like
networked ATMs, Telebanking, Internet Banking and Mobile Banking, so as to provide Anywhere Anytime Anyhow (AAA)
banking service to customers. With the introduction of CBS, the Bank has transformed the Branch customers to Bank
customers thereby achieving significant shift in customer preference from brick-and-mortar channel to 24x7 delivery
channels.

 You can click on the CBS Branches locator on the left-panel-bottom of this page for viewing state-wise latest list of our CBS
Branches.

ATM Network

 The Bank has rapidly expanded the ATM network considering the fact that ATMs have become the most acceptable delivery
channels. As at 25.06.2009. the Bank has got a network of 1119 ATMs spread across 543 centres.
 The Bank is a member of VISA International, which extends the usage reach of our ATM/Debit Card holders to over 28700
ATMs in the country and over 1.2 million ATMs across the globe. Our cardholders can also transact at Member
Establishments (MEs) numbering over 3.5 lakhs in the country and over 2.84 crores across the globe.

 The Bank is also a founder member of the "CashTree" consortium with 5 other banks since 2003 formed with a view to
extend the reach of the cardholders and to enhance customer convenience. Presently, 13 Banks are members of the network
thereby increasing the total number of ATMs under the "CashTree" network to over 4300. Click to know more about
CASHTREE

  You can click on the ATM locator on the left-panel-bottom of this page for viewing state-wise latest list of our ATMs

Internet Banking

 Internet Banking, which is emerging as an all-pervasive channel, is gaining acceptance amongst our clientele. The number of
users has increased considerably. In addition to the basic services of account details, statement of accounts etc., the
following services are provided to enhance customer service
o e-ticketing for Railway ticket reservation
 o Utility Bill payment through Internet banking
o Payment of Direct & Indirect Taxes - for both individuals and Corporates

Click here to know about TeleBanking , SMS Banking & Govt/RBI initiated projects

e-Banking related products and services

 The minimum monthly average balance in SB a/c to be maintained in e-banking branches is given below:

Type of Account Rural/Semi-Urban Centres Urban/Metropolitan Centres

SB General (with cheque facility)           Rs.500/- Rs.1000/-

SB No Frills A/c (with cheque facility)           Rs.500/- Rs.500/-
SB General (without cheque facility) Rs.100/- Rs.500/-
SB No Frills A/c (without cheque facility)           Nil Nil
SB Pension (with/without cheque facility) Nil Nil
SB Staff and SCSD A/c holders Nil Nil
Penalty for non-maintenance of minimum average balance in SB Rs.30/- p.m Rs.30/- p.m

 
The minimum monthly average balance in Curent A/cs to be maintained is
given below:
Particulars Individuals Other than Individuals

Rural Centres           Rs.1000/- Rs.2000/-

Semi-Urban Centres           Rs.2000/- Rs.2000/-
Urban Centres Rs.5000/- Rs.5000/-
Metropolitan           Rs.5000/- Rs.5000/-

 Current A/cs : Penalty for non-maintenance of minimum balance;-  Rs.50/-  per occasion (at
the end of the day) subject to the following  ceilings -  Rural Rs. 100/- p.m ; Semi-Urban Rs 200
p.m ; Urban/Metro Rs. 300/- p.m  
 The business hours of our e-banking branches will be uninterrupted 6 hourson  week days and
three and a half hours on half-days.
 "Sweep out, Sweep in" facility in SB accounts that provides high liquidity and maximum
earnings for SB customers.
 Automatic overdraft facility to the extent of one month's net salary for SB customers whose
pension/monthly salary is credited to the branch.
  
 Any Branch Banking Services:  [ ABB ]
 Any Branch Banking transactions at attractive rates are available to
all CBS customers                   
 Free encashment of self cheques upcountry ( limits apply).
 Payment of "A/c Payee" crossed third party cheques upcountry
 Free acceptance of cash upcountry for credit of home branch account
(limits apply)
 Issue of DD/TT/MT from any CBS Branch by debit to home branch account
at no additional cost (minimum charges apply)
 Funds transfer between any two CBS Branches
 Deposit of cheques for collection upcountry for credit to home branch
account
 Stop Payment instructions/Statement of Account/ standing instructions
etc., from any CBS Branch. 

Our Premium Products in Savings Bank A/cs under e-Banking

 Premium Savings Account

 Special Premium Savings Account

Our Special Products in Current /SB A/cs under e-Banking

We offer Multi-City Cheque facility together with a package of concessional

facilities in our Multi-City Current and SB Schemes. For details click on the
links below

 SyndSilver Current Account 

 SyndPlatinum Current Account 

 Synd Flexi Current Account 

 Multi-City SB Account

Premium Savings A/c

 

Premium Savings Account

The Bank has introduced a Premium Savings Account at e-banking branches that combines full safety, easy liquidity and highest possible
interest. The salient features of the scheme are as under

 A unique 'Sweep out, Sweep in' facility offered at our e-banking branches ensures that while the customer's money earns
solid interest as a fixed deposit, it turns liquid to meet his urgent needs. That too at no extra cost.

 Average monthly balance of Rs.10000/-to be maintained in the Premium Savings Account.

 Balance available in the account in excess of Rs.10000/-on any day gets automatically swept out into a fixed deposit for 180
days in units of Rs.1000/-.

 In the event of shortfall in SB for meeting your clearing cheques or for other urgent needs, the fixed deposit is swept back
into the Premium Savings Account in required number of units of Rs. 1000/- free of cost.

 No penalty is charged for breaking the fixed deposit prematurely. However, the amount swept out earns interest for the
period run at the applicable rate.

 Even while breaking the fixed deposit, only the most recently converted fixed deposit is first broken to minimise interest loss
to the customer.

 Only those amounts swept out of your Premium Savings Account are eligible for sweep in and not other fixed deposits.

 When fixed deposits mature at the end of 180 days, the Bank will renew the principal every 180 days while crediting the
interest to the savings account. Rs.100/-per month is levied as service charges whenever the monthly average balance in the
 Premium Savings Account goes below Rs.10000/-

Special Premium Savings Account

 

Special Premium Savings Account

The Bank has introduced a Special Premium Savings Account at e-banking branches that combines full safety,
easy liquidity and highest possible interest. The salient features of the scheme are as under

 A unique 'Sweep out, Sweep in' facility offered at our e-banking branches ensures that while the
customer's money earns solid interest as a fixed deposit, it turns liquid to meet his urgent needs. That
too at no extra cost.

 Average monthly balance of Rs.20000/-to be maintained in the Special Premium Savings Account.

 Balance available in the account in excess of Rs.20000/- on any day gets automatically swept out into
a fixed deposit for 1 year 1 day in units of Rs.5000/-. Rs.100/-per month is levied as service charges
whenever the monthly average balance in the Special Premium Savings Account goes below
Rs.20000/-

 In the event of shortfall in SB for meeting your clearing cheques or for other urgent needs, the fixed
deposit is swept back into the Special Premium Savings Account in required number of units of Rs.
5000/- free of cost.

 No penalty is charged for breaking the fixed deposit prematurely. However, the amount swept out
earns interest for the period run at the applicable rate.

 Even while breaking the fixed deposit, only the most recently converted fixed deposit is first broken to
minimise interest loss to the customer.

 Only those amounts swept out of your Special Premium Savings Account are eligible for sweep in and
not other fixed deposits.

 The interest accrued will be paid out Quarterly on 1st working day of the succeeding quarter and on
Maturity to the Savings Account.

 When fixed deposits mature at the end of 1 year 1 day, the Bank will renew the principal for the same
term (1 year 1 day).  

 
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Multi-City Current Account
 

Multi-City Current Account

The following are the 3 variants of Multi-City Current Accounts:

Monthly Minimum Average Balance
S.No. Name
(MAB) Rs.
I Synd Silver Current Account 25,000
II Synd Platinum Current Account 2,00,000
II SyndFlexi Platinum Current Account 1,00,00,000
 

 Multicity Payable at par cheques

 Cash withdrawal by self at non-home branches free (limits apply)

  No upper limit for payment of crossed third party cheques upcountry

 Cash deposited upcountry by the customer for credit of his home-branch account remitted free of
charge

 Collection of outstation cheques free (limits apply for Synd Silver Current Account)

 Online remittances free for Synd Platinum Current Account & at concessional rates for Synd Silver
Current Account

 
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Multi-City Current Account

 

Multi-City Current Account

The following are the 3 variants of Multi-City

Current Accounts:

Monthly Minimum Average Balance

S.No. Name
(MAB) Rs.
I Synd Silver Current Account 25,000
II Synd Platinum Current Account 2,00,000
II SyndFlexi Platinum Current Account 1,00,00,000
 

 Multicity Payable at par cheques

 Cash withdrawal by self at non-home branches

free (limits apply)

 No upper limit for payment of crossed third party

cheques upcountry

 Cash deposited upcountry by the customer for

credit of his home-branch account remitted free
of charge

 Collection of outstation cheques free (limits apply

for Synd Silver Current Account)
  Online remittances free for Synd Platinum
Current Account & at concessional rates for Synd
Silver Current Account

SyndFlexi Current Account

“SyndFlexi Current Account” combines the liquidity of Current Account with the earning capacity
of Term Deposits. The account is available at CBS Branches and provides for Sweep-out
Sweep-in Facility. Amounts in excess of the prescribed threshold amount of Rs. 1.00 lakh is
automatically swept out to Term Deposit and funds from the Term Deposit is Swept in to the
Flexi Current Account as and when there is a shortfall in the balance in the account.

The essential features are as under:

Monthly Minimum Average Balance Rs. 1,00,000/-

Minimum Amounts of Sweep-out /in Rs. 25000/- and multiples thereof

Periodicity of Sweep out to TD Daily

Periodicity of Sweep-in As and when funds are required in the

 Account.

Tenure of the Term Deposit Between 15 to 45 days as the customer

may specify (one time option)

At card rate for the period the amount

has remained in TD. No interest will be
Payment of interest paid for amounts withdrawn before the
completion of 15 days

Penalty for premature withdrawal Nil

Nomination Facility Available

TDS As applicable

Cash withdrawal by self upto Rs.

20000/- and remittance by self/
authorized agent upto Rs. 25000/- per
day free
Other concessions

Multi-City SB Account
 

Multi-City SB Account

This facility is to be offered to high net-worth Savings Bank customers of the Bank.

 The minimum average balance(MAB) to be maintained in the account is Rs.25,000/-.

 All third party cheques shall be crossed ‘Account Payee’ and will be payable at par at all our CBS branch centres.
  No upper limit for transaction through A/C Payee cheques.

 Self-cheques can be paid in cash upto an aggregate limit of Rs.50,000/- in a day at all the CBS branches other than the home
branch.

The cheque books issued to the Multi city account holders will be personalized cheque books.