South Indian Bank NEFT/RTGS/IMPS Charges & Timings

The south Indian Bank originated in the days of the Swadeshi Movement in India. It is one of the oldest banks in South India. The Bank has its headquarters at Thrissur in Kerala, which is in the southern part of India. At present, it is providing services to its customers through the branches that are spread across 27 states and 3 Union Territories. There are about 851 branches and 48 extension counters were established on 1st March 1928 but are still carrying on effectively and efficiently catering to the needs of the customers.


  • NEFT services are provided to the customers of South India Bank who have opted for Net Banking facilities
  • The South India Bank is also a NEFT participant bank that can effect the transfer of funds for others too on filling and submitting an application for NEFT Fund Transfer
  • NEFT Transactions are carried out inclusive of the paisa component and there is no lower or upper limit for the transactions.
  • There will be about six settlement batches per day.
  • The operational timings are 8am-6.50pm from Monday- Second and fourth Saturdays are holidays.
  • The charges are as follows

Up to RS 10,000- Rs. 2.50/- per transaction

Less than 1 lakh- Rs. 5/- per transaction

Rs1lakh- Less than 2 Lakh- Rs.15/- per transaction

Rs.2 lakh and above- Rs.25/- per transaction


  • NEFT and RTGS transfer inward is free.
  • RTGS transfer is free outward is also free up to 2 lakhs. After this, the charges are levied according to the RTGS/NEFT slab.
  • The operational time is 8am-4.20pm from Mondays to Saturdays except for the second and fourth Saturdays.

IMPS transfer is not available at South Indian Bank.

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