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Syndicate Bank Personal Loan Details

Abhyudaya Bank 3.75 / 5.04 users

Individuals looking to avail the benefits of personal loan can always opt for Syndicate Bank as it is one of the biggest and oldest commercial financial institutions established in 1969. The individuals in order to fulfill their financial commitments and requirements can choose Syndicate Bank Personal Loan that comes in reasonable and affordable rates.

From paying your child’s college education fee to organizing a marriage, renovating your house to buying home appliances, Syndicate Bank Personal Loans will ease off your mind considering monetary aspects.

Syndicate Bank Personal Loan Interest Rates:

The below-mentioned interest rates are for the base rate system and the existing customers, if they wish can shift to the MCLR based system.

 

Salaried Class

Non-Salaried Class

All types of borrowers

Rate of Interest

4.75% yearly which is compounded monthly + Base Rate for the Interest  linked to Base Rate

4.75% yearly which is compounded monthly + Base Rate for the Interest  linked to Base Rate

1.75% yearly which is compounded monthly + Base Rate for the Interest  linked to Base Rate

Syndicate Bank Personal Loan Features:

Syndicate Bank Personal Loans come with numerous features and benefits and two of its most influential schemes are SyndSenior and SyndSaral.

  • 1SyndSenior:

The Syndicate Bank’s SyndSenior scheme is designed keeping in mind the senior citizens of the nation. This personal loan scheme caters the needs of senior citizens providing them with affordable and flexible loan repayment options and tenures.

  • 2SyndSaral:

The individuals with a specific set of financial requirements and commitments can avail the benefits of SyndSaral loan offered by Syndicate Bank. These loans can be easily availed by the individuals of different income credentials. This type of personal loan can be used as;

  • Personal loans to agriculturists
  • For purchasing consumer durables
  • Personal loans to NRIs
  • Personal loans to women

Disclaimer: Information is gathered from secondary sources and meant for reference only. Loanbaba is not a channel partner of Syndicate Bank.

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