Banking and Bank Branches
Syndicate Bank was the only bank operating in the entire Union Territory of Lakshadweep with 9 branches, till 2004. On 18-04-2005, State Bank of India opened a branch in Kavaratti. All the inhabited islands except Bitra are having bank branches. The services of the bank are rendered to Bitra  through the branch at Chetlat and an offsite ATM at Bitra. Lately UCO Bank and YES Bank also opened branches in Kavaratti. Syndicate Bank has also taken charge of the Pay & Accounts and entire government transactions of Lakshadweep administration w.e.f. 01-04-1996.


All the nine branches of SyndicateBank in the island have been computerized. Core Banking Solution (CBS) has been implemented in 4 branches - Kavaratti, Minicoy, Agathy and Androth, providing “Anywhere Banking Facility”. The newly opened branch of State Bank of India is also computerized.


The entire group of islands is considered as one district for lead bank purposes. Syndicate Bank is the lead bank and convenor of the Union Territory of Lakshadweep Bankers’ Committee. Syndicate Bank has opened its first branch at Kavaratti in 1971 and is operating throughout the UTL with nine branches in nine major islands. State Bank of India opened its first branch in April 2005 at

Contact us

Deputy General Manager
Syndicate Bank, Regional Office,
Pioneer Towers, 1st Floor,
Shanmugam Road
Ernakulam – 682031.
0484 - 2367063 / 2360035 / 2369090


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