Syndicate Bank Personal Loan 2022

Syndicate Bank Personal Loans Details

Personal Loan from Syndicate Bank requires a minimum documentation process. Further, low EMI on a personal loan helps you to plan out your expenditure from your monthly budget easily. Syndicate bank is one of the largest banking institutions in the country providing personal loans to both salaried and self-employed individuals to fulfill their personal financial requirements at the time of emergencies. Syndicate bank offers diverse options under its personal loan segment as follows:

Synd Saral: The purpose of this loan is to enable customers to buy consumer durable goods. This personal loan can be availed by women for expenses like a wedding, higher education, etc. Also, NRI’s and agriculturists are eligible to avail Syndicate Saral personal loan scheme.

Synd senior: This personal loan plan is meant for senior citizens, the scheme offers the loan at a more affordable rate of interest. Pensioners in receipt of a regular monthly pension from Central / State Governments / Public Sector Units / Defense Establishments and other government or quasi-government institutions whose pensions are being routed through accounts held with our Bank can avail loan under the synd senior personal loan scheme.

Syndicate bank personal loan is an ideal tailor-made personal loan to help you with appropriate funding at your utmost financial crunches. So, don’t think further, apply now for syndicate bank personal loan at Afinoz.com.

Eligibility for Syndicate Bank personal loan is decided on the basis of certain parameters. A loan seeker must come under the below-mentioned eligibility criteria to avail a personal loan from Syndicate Bank:

For obtaining the maximum amount of personal loan from Syndicate Bank, a borrower should produce the following documents according to their business profiles as follows:

Syndicate Bank has attractive features and benefits from easy loan approval to higher loan amount with flexible loan tenure. Syndicate Bank offers its customer’s the maximum quantum of loan depending on their repayment history and credit score. Here are some features and benefits of Syndicate Bank personal loan:

• Multipurpose loan (complete flexibility on end use of the loan amount as deemed by the borrower)
• No collateral or security required
• Competitive and low fixed rate of interest
• Flexible tenure from 6 months up to 60 months based on the profile of the customer
• Quick processing and disbursal
• Loan repayment in easy installments
• Easy and simple documentation
• Syndicate bank personal loan payment options include payment by standing instruction from your savings account

Syndicate Bank Personal Loan EMI calculator is one of the easiest and simple to use tool, made available to its customers. The formula which is used here includes the processing fees, the anticipated rate of interest and the tenure for which the amount of loan is to be availed.

For salaried: -

Various amounts of loan taken @ 13.45% p.a. for a tenure of 3 years;

Comparative: -

Comparison of personal loans offered by various banks in a similar category;

For Self-Employed: -

Various amounts of loan taken @ 12.45% p.a. for a tenure of 3 years;

Comparative: -

Comparison of personal loans offered by various banks in a similar category;

Synd Senior Personal Loan Scheme: -

Various amount of loan availed @ 12.2% p.a. for a tenure of 3 years;

Comparative: -

Similar loans being offered by other prominent banks for the same tenure;

About the bank

Syndicate bank is one of the most former and major commercial bank of India earlier was known as Canara Industrial and Banking Syndicate Limited at the time of establishment. The bank was nationalized in 1969 by the Government of India along with 13 other major commercial banks of India. It is a well-equipped bank to meet the requirements of every individual with its 1348 branches spread across the country. It is headquartered in the town of Manipal, India.