PRODUCTS AND SERVICES IN SYNDICATE BANK

Products and Services:

Global Cards

Keeping the liquidity needs of the customers in mind, SyndicateBank has launched a series of global cards. Compact and convenient, these cards add “extra power for the customer purse. The Card can be used at all ATMs of Cash Tree network and terminals / Merchant Establishments enabled for accepting VISA Cards.

SyndicateBank Global Debit Card brings customer the convenience of accessing his/her money ANYTIME & ANYWHERE Globally. He / she can transact in any currency, but pay in Indian Rupees. It is a CONVENIENT e-WALLET valid in India & abroad with VISA Power. The Card is offered free of charges for all eligible accounts with any of Syndicate-banking (CBS) branches and select Non-CBS branches of the Bank.

E-banking Products and Services

SyndicateBank is committed to improving the quality of service to its customers through extensive induction of technology in its day-to-day operations. Over 1800 branches at 1000 centres are networked under CBS and are enabled to extend e-banking services from any of the CBS branches in the Country.

Some of the products and services which are being extended at

e-banking branches are:

Multi-City Accounts (Current and SB Accounts) where account holders enjoy the benefit of Multicity Cheques which can be tendered at any CBS branch and a lot of concessions in service charges.

Variants

Synd Silver Current Account- Monthly MAB Rs. 25000/-

Synd Platinum Current Accounts- Monthly MAB Rs. 200,000/-

Multicity SB Account- Monthly MAB Rs. 25000/-

Flexi/Sweep.in.Sweep-out Accounts which combine the liquidity of a Current /SB Account with the earning capacity of a Term Deposit.

Products with Sweep-in-Sweep-out facility are:

Synd Flexi Current Account

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

Any balance above this is swept out to TD of 15 to 45 days on a daily basis

in units of Rs. 25000/- and is swept in from the TD as and when funds are

required in the account.

Interest is paid on the amount invested in TD for periods of 15 days or

more at the rate applicable, for the period it was in TD.

Premium Savings Account

Minimum average monthly balance of Rs.10,000/-

Balance in excess of Rs.10,000/- gets swept out into fixed deposit for 180

days in units of Rs.1 000/-

As and when there is need for funds in Savings Account, the fixed deposit

is broken prematurely without any penalty in units of Rs.1000/- and swept

into the savings account to the extent of meeting the need

Special Premium Savings Account

Minimum average monthly balance of Rs.20,000/-.

Balance in excess of Rs.20,000/- gets swept out into fixed deposit in units

of Rs.1000/-for 1 yr. 1 day.

As and when there is need for funds in Savings Account, the fixed deposit

is broken prematurely without any penalty in units of Rs.1000/- and swept

into the savings account to the extent of meeting the need.

Super Premium SB Account

Monthly average minimum balance of Rs.1 00,000/-is to be maintained

under the scheme.

The balance available in the account in excess of Rs.1 00,000/- shall be

swept out into fixed deposits for a period of 3 years in units of Rs.10,000/-.

The rate of interest payable on the swept out amount shall be the rate

applicable for 3 years term deposit as on the date of sweep-out. The

interest amount will be credited to the Super Premium Savings Bank

account on half-yearly basis

As and when there is need for funds in the Synd-Super Premium Account,

the fixed deposit is broken prematurely in units of Rs.10,000/- and swept

into the savings account to the extent of meeting the need. This Sweep-in

will be based on last in first out

Multicity Cheque facility is also available to the customer.