KANNUR: A special loan scheme for Non-resident External (NRE) customers has been launched by the Syndicate Bank. The scheme, christened ‘Synd Pravasi,’ was announced by the bank’s Regional Manager K.P. Muraleedharan at a meeting of NRE customers, a press release said. A nodal office for NRE account holders too has begun functioning in the regional office. An NRE Cell had been opened at the regional office of the bank in Kochi. The bank had also started facilities like multi-city account, Real Time Gross Settlement system and National Electronic Fund Transfer for NRE account holders. —Special Correspondent

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