Syndicate Bank Account Opening | Minimum Balance, Interest Rates & Helpline

Syndicate Bank Account Opening | Syndicate Bank Account Opening Minimum Balance | Syndicate Bank Account Opening Interest Rates

Syndicate bank is one of the most popular banking organizations present in India today and it provides a lot of different types of bank account options available offline and online to all of its customers. The customers can visit the official website of Syndicate Bank and then open a bank savings account. You will have to verify your number and then you will have to fill out the application form without any problem. Sharing some of the most important specifications related to the Syndicate Bank Account Opening. We will also share with you all the specifications of the Minimum Balance, Interest Rates & Helpline.

Syndicate Bank Account Opening

Syndicate Bank offers online banking facilities for all of the customers through which the customers will be able to open their savings bank accounts in just a few steps. You can also open your bank account by taking into consideration the official website of Syndicate bank and filling out the online account opening application form. The candidates will also be able to download the application form and you will then have to visit your nearest branch in order to submit your KYC documents for verification if you want to open your bank account offline. You will also have to submit important documents with your application form in order to be eligible.

Syndicate Bank Account Opening

Syndicate Bank Mini Statement

Types of Syndicate Bank Account

Given below, we are sharing the details related to the types of Syndicate Bank accounts available for all of the people:-

NameEligibility CriteriaMinimum Monthly BalanceHIghlights
Basic Saving Bank Deposit Account SchemeThis account is available to all individuals who are Indian residents.    This is a zero-balance account. Hence, you don’t have to worry about maintaining a minimum monthly balance with an interest of 3.5% (at present)  No restrictions on the number of cash deposits in a month. Cash withdrawals are restricted to 50 times per year at the counter of the home branch.No no restrictions on the number of ATM transactions. Cheque book facility available if the balance maintained is in accordance with prevailing SB account norms. Outstation cheque collection charges nil for cumulative balance up to Rs. 50,000 per year. Beyond this regular outstation cheque, collection charges will be levied.A service charge of Rs. 10 will be levied if the customer exceeds the number of permitted transactions.
SyndSupreme Savings AccountThis account is available to all Syndicate Bank customers who maintain an average monthly balance of Rs. 1 lakh. This account can be operated either singly or jointly. However, all the benefits are available only to the primary account holder.    Rs. 1 lakh or aboveFree platinum debit card free credit card free inter-bank ATM transactions (you can use Syndicate bank debit cards on other bank ATMs free of charge)Free SMS alerts for all your banking transactions free monthly eStatements of your savings account free mobile banking and internet banking free accidental death insurance with a sum assured of Rs. 10 lakhs to the primary account holder25% concession for account holder on small and medium locker rentals at the home branch50% concession on home loan processing and other associated document charges
Syndicate Bank Account Opening

Documents Required

The following documents will be needed while applying for the Syndicate Bank Account:

  • Aadhaar card
  • Job card issued by the NREGA and signed by state government officials
  • Electricity bill
  • Telephone bill
  • Voter ID
  • Driving license
  • Passport

YES Bank Account Opening Form

Process of Syndicate Bank Account Opening

There is a very easy procedure that you need to follow in order to open the Syndicate bank account and given below we are specifying each one of them:-

  • You will first have to visit the official website of Syndicate bank and the homepage of the website will be displayed on your screen.
  • The customers have to click on the apply online tab present on the screen and a new page will open.
  • The application form will be displayed on your screen in a PDF editor.
  • The customers have to fill out the application form.
  • Upload all of the KYC documents and tick mark the declaration.
  • The details related to the documents will also be displayed on the screen.
  • Successfully, submit the application form and you will be able to open your account.
  • You can also open your Syndicate saving account by visiting your nearest Syndicate Bank branch.

FAQ

What is the minimum monthly balance required to maintain the Syndicate bank account?

The monthly minimum balance depends upon the type of account that you have chosen.

What are the fees that I need to give in order to open my Syndicate saving account?

There are no particular fees that are required in order to open the Syndicate Bank saving account.

Can minors open a savings bank account with Syndicate Bank?

Syndicate Bank does not have a separate savings bank account for minors. However, minors can operate the account jointly along with a parent.

What are the KYC documents which are needed in order to open the savings account in Syndicate Bank?

The customers only required Aadhar Card and PAN card in order to successfully open other Syndicate savings accounts.

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