South Indian Bank Saving Account Minimum Balance Limit & Charges

Are you looking for details about the saving account offered by South Indian Bank. Then you are on the right page?

Types of Saving Account

  • Regular Savings Account: It is a Zero balance account with maximum 4 free transactions in a month.
  • Privilege Savings Account: In this account you will get a Debit card along with facilities of internet banking and online fund transfer option.
  • Group Salary Savings Account (GSSA):It is a corporate salary account for the corporate customers to make their salary processing easily and hassle free.
  • Junior Savings Account: This account is to encourage kids to learn to save money since childhood. It is a joint account between the parent and the child.
  • Basic Savings Bank Deposit Account: This is a basic type of saving account with all salient features in it.
  • Mahila Plus Savings Account: This account was designed while keeping in mind urban and rural women of the county to make them self independent.
  • SB Invest Savings Account: It is designed to maintain an online demat account.

The different types of saving account offered by the South Indian bank ad their minimum balance amount details are given below:

Types of Account Monthly Average Minimum Balance No maintenance penalty Charges
SIB Junior NA NA
Basic SB NA NA
SB Mahila and Privllige account INR 1000 INR 100 per month
Privllege Silver INR 5000 INR 100 per month
Privllege Gold INR 10,000 INR 100 per month
Prevllege NRE Diamond INR 50,000 INR 100 per month
Prevellege Domestic Platinum INR 1,00000 INR 100 per month

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.