Syndicate Bank was established in 1925 in Udupi, the abode of Lord Krishna in coastal Karnataka with a capital of Rs.8000/- by three visionaries – Sri Upendra Ananth Pai, a businessman, Sri Vaman Kudva, an engineer and Dr.T M A Pai, a physician – who shared a strong commitment to social welfare. Their objective was primarily to extend financial assistance to the local weavers who were crippled by a crisis in the handloom industry through mobilising small savings from the community. The bank collected as low as 2 annas daily at the doorsteps of the depositors through its Agents under its Pigmy Deposit Scheme started in 1928. This scheme is the Bank’s brand equity today and the Bank collects around Rs. 2 crore per day under the scheme.
The Bank is well equipped to meet the challenges of the 21st century in the areas of information technology, knowledge and competition. A comprehensive IT plan is being put in place and the skills and knowledge of the Bank’s personnel are being upgraded through a variety of training programmes to promote customer delight in every sphere of its activity. The Bank has launched an ambitious technology plan called Centralised Banking Solution (CBS) whereby 500 of our strategic branches with their ATMs are being networked nationwide over a 4 year period. The vision of the bank is “To increased global outreach, To be a responive competitive bank, To be faitlful and friendly financial partner.
Selection is be made on the basis of performance in the written test and interview taken together. Written test includes Objective Tests consisting of
(1) Test of Reasoning Ability,
(2) Test of Numerical Ability,
(3) Test of English Language,
(4) Test of Computer knowledge and Descriptive Paper on English Comprehension for Qualifying only.
Followed by an interview.
Manipal PB no.13,
Karnataka State-576 119.