South Indian Bank FD Rates – Check details about South Indian Bank Fixed Deposit,South Indian Bank Fixed Deposit Rates, South Indian Bank Interest Rates.
One of the major bank in south India. The bank is the first private sector bank in Kerala to become scheduled bank in 1946 under the RBI act.
There main mission is to provide the customers with a secure, dynamic and conducive banking experience with commitment to values and best technology.
The bank is currently running through 851 branches.
You can earn higher income on surplus funds by investing in deposit scheme of SOUTH INDIAN BANK.
Deposit can be made for a minimum period of 15 days.
ELIGIBILITY FOR FIXED DEPOSIT ACCOUNT OPENING
Fixed Deposits can be opened in the name of:
- Joint names of two or more individuals
- Clubs, Association, Societies, Trusts, etc.
- Limited Companies
- Minor under the guardianship of the natural guardians or guardians appointed by the Court of Law
- Partnership or Proprietor concerns.
- KYC documents
- PAN Card
- Address Proof
- Passport Size Photograph
South Indian Bank Fixed Deposit Interest Rates 2017
|Period||Single Deposit less than Rs.100.00 Lacs|
|7 days to 45 days||4.00||4.50|
|46 days to 90 days||5.65||6.15|
|91 days to less than 1 year||6.00||6.50|
|1 year to 2 years||6.75||7.25|
|Above 2 years to up and incl.10 years||6.50||7.00|
Rates for single deposit of Rs.100 lacs & above and premature closure penalty thereon to be obtained from Head office-(Treasury Dept.) on a daily basis.
*Special rates for senior citizens, applicable only to residents individually or jointly with another resident citizens. Penalty is applicable for premature closure of deposits for withdrawal as well as for reinvestment of term deposits including recurring deposits and daily savings deposits at the rate of 0.50% for deposit amounts below Rs.1.5 lakhs and 1% for deposit amounts of Rs.15 lakhs and above. The effective rate will be the net of applicable rate for the period of deposit remained with bank(less the penal rate) or the net of original contracted rate (less penal rate) whichever is less.
South Indian Bank Contact details
South Indian Bank Ltd
Head office, T.B Road
Mission Quarters, Thrissur
Kerala – 680001
Customer Care Centre (24/7)
1800-425-1809 (Toll Free India)
1800-843-1800 (Toll Free India)
91-484-2388555 (For NRIs)