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    Syndicate Bank Fixed Deposit Rates  and 2 other FDs

    Institution Name
    Deposit Amount Range
    Tenure Range
    Interest Rate
    Up to ₹1Cr
    7 Days to 10 Years
    4.75% - 7.10% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    NRI - FD
    Up to ₹1Cr
    1 Year to 10 Years
    6.5% - 6.6% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.49% - 8.19% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.75% - 8.5% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know

    Syndicate Bank Fixed Deposit Rates is Rated as "Great!" by 12 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Fixed Deposit BYTES FROM OUR KITCHEN

    Syndicate Bank FD(Fixed Deposit) Interest Rates 2017

    Syndicate Bank was established in Udupi in 1925. Its main objective of extending financial assistance to the local weavers by mobilizing small savings for the community, laid its groundwork.

    Today, Syndicate Bank’s brand equity is in the Pigmy Deposit Scheme, which was established in 1928. Under this scheme, initially, deposits as low as 2 annas daily were accepted by the bank.

    Today, Syndicate Bank collects around Rs. 2 crore, each day under this scheme.

    The updated list of Syndicate Bank FD Rates 2017, for Regular and Senior Citizen, is listed below:

    Tenure Regular FD Rates Senior Citizen FD Rates
    7 to 14 days 4.75 4.75
    15 to 30 days 4.75 4.75
    31 to 45 days 4.75 4.75
    46 to 60 days 4.75 4.75
    61 to 90 days 5.5 5.5
    91 to 120 days 5.5 5.5
    121 to 179 days 5.5 5.5
    180 to 269 days 6.15 6.15
    270 to less than 1 year 6.15 6.15
    1 year exact 6.5 7
    Above 1 year to 2 years 6.5 7
    Above 2 to less than 5 yrs 6.6 7.1
    Exact 5 yrs 6.5 7
    Above 5 to 10 yrs 6.5 7

    About Syndicate Bank Fixed Deposit

    Syndicate Bank offers a regular interest earning fixed deposit scheme. It can be customised with flexible tenure options to suit various requirements. With a minimum deposit amount of Rs. 1,000, the Syndicate Bank fixed deposit scheme allows flexible payout options.

    Loans up to 95% of the deposit amount and nomination facility are available under the Syndicate Bank fixed deposit scheme.

    About Syndicate Bank Short Term Fixed Deposit Interest Rates

    Syndicate Bank offers an interest rate of 7.50% p.a. for deposit tenures ranging from 30 days to 90 days. Tenures in the range of 91 days to 120 days are offered with an interest rate of 7.40% p.a.

    8% p.a. interest rate is offered to fixed deposit account tenures ranging between 121 days to 269 days. Tenures in the range of 270 days to 363 days are offered interest at the rate of 8.10% p.a.

    Tenures of exactly 364 days are offered an interest rate of 8% p.a.

    Tenures of exactly one year (365 days) are offered a rate of interest of 8.50% p.a.

    Syndicate Bank Medium and Long Term Fixed Deposit Interest Rates

    Fixed deposit accounts with tenures in the range of 1 year to 2 years are offered interest at the rate of 8.10% p.a. Fixed deposits in the range of 2 years to 5 years are given at an interest rate of 8% p.a.

    Tenures of exactly 5 years are given interest at the rate of 8% as well. Tenures ranging from 5 years to 7 years are offered an interest rate of 7% p.a.

    Syndicate Bank Fixed Deposit Senior Citizen Interest Rate

    Senior citizens are offered an additional 0.50% over the prevalent card rate for fixed deposit account tenures in the range of 1 year to 10 years.


    News About Syndicate Bank Fixed Deposit Rates

    • Fixed Deposit Rate Change for Syndicate Bank

      For deposits of less than 1 crore rupees, fixed deposit rates of Syndicate Bank have undergone some changes regarding the deposit slots as well as the rates themselves.

      As of today, deposits from 7 to 14 days are having a rate of interest of 5.5% per annum and that increases by 0.5% for the period of 15 days to 60 days. Another 1% increase brings the rate to 7% per annum for deposit period of 61 days to 90 days. From 91 days to 120 days, the effective rate of interest offered is 7.41% per annum which becomes 7.35% per annum for 121 days to 179 days. The rate then slides down to 7.31% for deposit tenures of 180 days to 269 days and climbs to 7.5% for deposit tenures of 270 days to exactly 5 years. This is the highest rate of interest on offer as the deposits for above 5 years up to 10 years earn interest at a rate of 6.75% per annum.

      16th February 2016

    • Syndicate Bank Fixed Deposit Rates

      Syndicate Bank has dealt cuts to the interest rates of its products owing to the repo rate reduction and the subsequent directive by the Reserve Bank of India. Its deductions, albeit fractional, have been consistent regarding its interest rates. While savings accounts have not been affected in any major way, the traditional investment tool of fixed deposits has faced the brunt of interest downsizing.

      The third month of the last quarter of 2015, December, has seen the lowest interest rate of 5.50% per annum for fixed deposits with Syndicate Bank. This interest rate is applicable for deposit tenures of 7 days to 14 days. From 15 to 30 days, the interest rate is 6% per annum. From 31 days to 60 days, an increase of 1% takes the applicable interest rate to 7% per annum. From 61 to 90 days, the interest rate slips down to 6% per annum and increases to 6.50% per annum for tenures of 91 days to 120 days. From 121 days to 179 days, the interest rate is fixed at 7.35% per annum and it slides a notch down to 7.31% per annum for periods of 180 days to 269 days. From 270 days to exactly 5 years, the maximum available interest of 7.50% per annum is allowed.

      11th December 2015

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  • Syndicate Bank Fixed Deposit Reviews

    • Syndicate Bank Fixed Deposit
      "Better"
      0.5 3.0/5 "Satisfactory"
      I had the fixed deposit with the Syndicate Bank and they gave around 8% to 9% as the rate of interest before 2 to 3 years of time. I been banking with the syndicate bank before 10 years of time. My relationship is good and it depends with the manager. Minimum lock in period is around 12 months of time. Response is good with them.
      Was this review helpful? 7
      , chennai
      Reviewed on Nov 05, 2015
    • Syndicate Bank Fixed Deposit
      "Customer service is good "
      0.5 5.0/5 "Blown Away!"
      Customer service is good but charge is very high in Syndicate bank. Say for an instance they are charging something for Internet banking as well in several criterias so not much satisfied with charges. For fixed deposit the interest rate at that time was something around 9.35%. It was pretty a long back so cannot recollect most of the things.
      Was this review helpful? 13
      , mumbai
      Reviewed on Apr 04, 2015
    • Syndicate Bank Fixed Deposit
      "Experience Worth Sharing "
      0.5 4.0/5 "Great!"
      I am having a 5 year FD in Syndicate bank for 80 C in Gurgaon -Kadipur Branch . Staff : Staff is nice having good knowledge of the products they have . Process : Process is easy .You just need to fill form (if you already have Saving account in the bank ) and you will get the saving certificate in 10-15 minutes . Overall Satisfied
      Was this review helpful? 7
      , gurgaon
      Reviewed on Jan 23, 2015
    • Syndicate Bank Fixed Deposit
      "Syndicate Bank -Experience worth Sharing "
      0.5 4.5/5 "Excellent!"
      Branch : Gurgaon Kadipur Staff : Good Staff with decent knowledge of the products . Process : The process was easy and simple . Just fill a form (if you have a saving account in the bank ) and you get the certificate in 10-15 minutes . Overall Satisfied with service .
      Was this review helpful? 9
      , gurgaon
      Reviewed on Jan 23, 2015
    • Syndicate Bank Fixed Deposit
      "Good"
      0.5 1.0/5 "Really Bad"
      Customer service is good but charge is very high in Syndicate bank. Say for an instance they are charging something for Internet banking as well in several criterion so not much satisfied charge. For fixed deposit the interest rate at that time was something around 9.35%. It was pretty a long back so cannot recollect most of the things.
      Was this review helpful? 8
      , kolkata
      Reviewed on Jan 06, 2015
    • Syndicate Bank Fixed Deposit
      "Good"
      0.5 5.0/5 "Blown Away!"
      Syndicate bank is nationalized bank so they are performing good and interest rate is good for financial products. Four years ago I availed Fixed deposit but the interest rate is less thus syndicate bank should improve on it. Initially I opened it for three years and at the end of three years I got outstanding amount of 1lakh with 15,000 interest rate, now I renewed it for another three years. In respect to customer service, Syndicate bank should enhance.
      Was this review helpful? 7
      , bangalore
      Reviewed on Dec 14, 2014
    • Syndicate Bank Fixed Deposit
      "Secure your Child's future - Canara Bank's KAMADHENU scheme"
      0.5 4.0/5 "Great!"
      Avail Tax Saving options with the deposit scheme under the Fixed Deposit streams. Best suited for Salaried Class, Businessmen, professionals who come under the ambit of Tax Payers and you can bank upon for your Children's future as well:)
      Was this review helpful? 4
      , bangalore
      Reviewed on Dec 05, 2014
    • Syndicate Bank Fixed Deposit
      "Wonderful deposit to maintain"
      0.5 5.0/5 "Blown Away!"
      Its long time back I had opened the savings account based on my flexibility as it is nearby my home. Fixed deposit services is quite good and 10.1% is the interest rate. Once in 2 years,some particular amount would be deposited by visiting branch and get the response immediately.
      Was this review helpful? 10
      , chennai
      Reviewed on Oct 07, 2014
    • Syndicate Bank Fixed Deposit
      "Good"
      0.5 4.0/5 "Great!"
      This is a fairly new FD account, with Syndicate Bank I have been using it for the last 6 months. I have given me a good interest rate. I opened this account, as the Bank is close to my place and I am much about the returns as well. It could be better if they work on their on line banking as it is not up to the mark.
      Was this review helpful? 5
      , chennai
      Reviewed on Sep 03, 2014
    • Syndicate Bank Fixed Deposit
      "Needs to improve on their customer service"
      0.5 3.0/5 "Satisfactory"
      Since syndicate bank was the public sector they needs to aggressively improve like other banks by providing various kinds of products. I am banking fixed deposit with them for past 1 year wherein the interest was quite neutral as per the market
      Was this review helpful? 4
      , ghaziabad
      Reviewed on Sep 03, 2014
    • Syndicate Bank Fixed Deposit
      "Good"
      0.5 4.0/5 "Great!"
      This is a fairly new account, I have been using it for the last 6 months. I have given me a good interest rate. I opened this account, as the Bank is close to my place and I am much about the returns as well. It could be better if they work on their on line banking as it is not up to the mark.
      Was this review helpful? 7
      , chennai
      Reviewed on Sep 03, 2014
    • Syndicate Bank Fixed Deposit
      "Needs to focus on the customer service"
      0.5 3.0/5 "Satisfactory"
      Fixed deposit was good. Their interest rates are quite low compared with other banks . Actually my father was working as a branch manager with Syndicate bank. They are focussed to customer service. There is lot of people that is quantity so high.They are not able to handle because of customer base was high. They needs to improve on the customer service by having adequate staff services.
      Was this review helpful? 6
      , faridabad
      Reviewed on Aug 17, 2014
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