SYNDICATE BANK CAR SCOOTER BIKE LOAN : SYNDVAHAN

SyndVahan – This loan is for purchasing a new/second hand four-wheeler, such as Car, Van, Jeep, etc. and purchasing new two wheeler such as, motorbikes, scooter, etc.

Nature of facility – secured Loan (OSL)
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SYNDICATE BANK TERM DEPOSIT FIXED DEPOSIT INTEREST RATES

The rate of interest is compounded yearly

7 days to 14 days – 3.50% p.a.
15 days to 30 days – 4.00% p.a.
31 days to 45 days – 4.50% p.a.
46 days to 90 days – 5.50% p.a.
91 days to 180 days – 6.50% p.a.
181 days to 269 days – 6.50% p.a.
270 days to 364 days – 6.75% p.a.
1 year to 2 years – 7.25% p.a.
2 years to 3years – 7.50% p.a.
3 years to 5 years – 7.75% p.a.
5 years & up to 10 yrs – 7.50% p.a.