In order to mark the occasion of 88th Foundation Day, Syndicate Bank has launched international gold debit card and RuPay kisan cards. The international gold debit card is targeted for premium segment customers where they would have withdrawal facility of Rs 25,000 a day and point of sale transactions up to Rs 50,000.
The RuPay kisan credit card is the domestic ATM/debit card payment system on the lines of international systems like Visa and Mastercard which will help farmers to buy fertilisers and seeds. Besides, it would also facilitate farmers to meet their short-term credit needs of crop cultivation, post harvest expenses, household consumption as well as working capital for maintenance of farm assets and allied agricultural activities.
Further, the bank has also launched zero balance ‘Synd Navratna’ savings bank account whereby it will not levy any charges on customers if they maintain zero balance in their account. The bank has unveiled an online donations facility to Prime Minister’s National Relief Fund. The bank has over 2,700 branches including one overseas branch in London and two exchange houses in Qatar and Oman.