South India Bank is an Indian bank with 950+ branches. It offers various types of savings accounts:
Any one of the following:
South India Bank Account Helpline:
- Corporate Salary:
- Made for salaried employees.
- Overdraft facility of up to Rs.2,00,000.
- Zero balance account.
- Waiver in loan processing fees.
- Four variants- Premium, Executive, Smart and Basic.
- SIB Ruby:
- Minimum balance of Rs.25,000.
- Special Interest Rates.
- Free Accidental Insurance Cover.
- Platinum Debit Card.
- Waiver in Locker rent, processing fees, DD etc.
- Video KYC:
- Digital opening.
- 24x7 banking facility.
- Free digital payments.
- Digi-E Lock facility by SIB Mirror and mobile application.
- SIB Elite Senior - SIB Mahila Elite:
- First holder should be a female and 55 years of age.
- Min balance Rs.2,500-Rs.5,000 depending upon area.
- Visa/Master Platinum card.
- Free online 24x7 Internet Banking.
- 50% waiver on loans.
- Concession on lockers.
- Personal Accident Death Insurance Cover of Rs.10,00,000.
- Privilege Savings:
- Accounts can be opened in joint names
- Complete Any Branch Banking Facility
- Payable at Par Cheques
- International ATM cum Debit Card
- Nomination facility available
- Mahila Delight Account:
- Min balance Rs.2,500-Rs.5,000 depending upon area.
- Free Platinum metal debit card.
- 1st Year AMC waiver.
- SIB Suraksha Kavach personal insurance.
- Foreign outward remittance.
- Demat Account Opening.
- SIB Youth Plus:
- 18-35 years age group.
- AMB - Rs.50,000
- Free for account having AQB more than Rs.24,999.
- Free platinum International Card.
- 1st year AMC waiver.
- Basic Savings:
- All our Basic SB accounts should be fully KYC complied accounts.
- Zero Balance Account.
- While there will be no limit on the number of deposits that can be made in a month, maximum number of withdrawals in a month, including ATM withdrawals is restricted to 4.If exceeded, Rs.20/- plus service tax per transaction will be charged.
- Minor accounts permitted with guardian.
- The holders of ‘Basic Savings Bank Deposit Account’ will not be eligible for opening any other savings bank deposit account in the same bank.
- Resident of India: You must be a resident of India to open these accounts.
- Individuals: These accounts are primarily for individual account holders.
- Joint accounts: You can open a joint account with a maximum of four people.
- Minors: A guardian can open an account on behalf of a minor.
- Other entities: For entities like associations, trusts, institutions, or clubs, you might need to inquire with the bank directly about the specific requirements and documents needed.
Any one of the following:
- Aadhar Card
- Pan Card
- Drivers license
- Open the official website of South Indian Bank (SIB).
- Click on the ‘Apply Now’ button to start the application process.
- Give your Aadhaar Number that is linked with your mobile number in the field.
- Give your email address for various purposes.
- Complete the security step by entering the displayed CAPTCHA code correctly.
- Give your consent by clicking on the ‘I am Ready’ button.
- Verify your identity by entering the One-Time Password (OTP) sent to your registered mobile number.
- Give your 12-digit Aadhaar Number along with your 10-digit PAN (Permanent Account Number) as required.
- Initiate the next stage by clicking on the ‘proceed’ button.
- Review and confirm the details of your Aadhaar details as presented.
- Select the type of account you wish to open and specify your preferred branch.
- Give your personal information including your name, address, and other details as asked for.
- Provide additional necessary information, such as your current address, employment details, etc.
- Once all details are entered, review your application for any errors or omissions.
- Complete the process by a video Know Your Customer (KYC) session with a bank representative, as the final step to authenticate your identity and complete the account opening procedure.
South India Bank Account Helpline:
| Headquarter address | T.B Road, Mission Quarters, Thrissur 680 001, Kerala, India |
| Helpline contact number | +91-487-2420020, 2420058, 2420113, 2436666 |
| Helpline email address | sibcorporate@sib.co.in |
