Syndicate Bank launches new product

Thiruvananthapuram: Syndicate Bank has launched a new product, `SyndSuper Premium Savings Bank Account', that aims to target customers under a segmented approach.

Announcing this, a spokesman of the regional office of the bank said here that the product was designed to give additional facilities to those customers who maintain a high average balance in savings accounts as also to executives and professionals who long for better service conditions.

The product features, among other things, a personal accident insurance cover, any branch banking with multi-city cheques, free remittances, and `sweep-in' and `sweep-out' options for availing suitable interest rates.

Credit cards are also issued free of cost at the entry level. Other special features are priority allotment of lockers as well as due recognition of customers on special occasions.

The larger of the bank is to acknowledge the long-stand association with customers as also to generate goodwill among techno-savvy executives and professionals, the spokesman added.