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    South Indian Bank Fixed Deposit Rates
     and 2 other FDs
    Institution Name
    Deposit Amount Range
    Tenure Range
    Interest Rate
    Up to ₹1Cr
    1 Year to 10 Years
    4% - 7.25% Quarterly compounding
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    Response Time Within 30 minutes
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    NRI - FD
    Up to ₹1Cr
    1 Year to 10 Years
    6.5% - 6.75% Quarterly compounding
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    Response Time Within 30 minutes
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    Up to ₹25L
    1 Year to 5 Years
    7.49% - 8.19% Monthly compounding
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    Up to ₹25L
    1 Year to 5 Years
    7.75% - 8.5% Monthly compounding
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    South Indian Bank Fixed Deposit Rates is Rated as "Excellent!" by 8 Users

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    South Indian Bank Fixed Deposit Rates

    One of the early banks in south India, South Indian Bank came into existence during the Swadeshi movement. The bank was the results when few entrepreneurs joined together at Thrissur, a major city in Kerala.

    With branches all over India and a clientele across the world, the South Indian Bank provides world class service and is manned by tech-savvy professionals. It provides both cumulative and non-cumulative fixed deposits with attractive interest rates.

    You can check the latest interest rates from South Indian Bank in the table given above. Fixed deposit rates are highly dynamic figures that tend to change according to the market or company policies. As such, you should be sure you have the latest rates before applying for a fixed deposit account.

    The updated list of South Indian Bank FD Rates, for Regular and Senior Citizen, is listed below:

    Tenure Regular FD Rates Senior Citizen FD Rates
    Upto Amount Rs. 1 Crore Rs. 1 Crore
    7 days to 45 days 4.00% 4.50%
    46 days to less than 1 year 6.00% 6.50%
    1 year to 2 years 6.75% 7.25%
    Above 2 years to up to and incl.10 years 6.50% 7.00%

    1. South Indian Bank short term FD rates

      South Indian Bank offers FDs with interest rate varying from 4% to 7.90% for fixed deposits. For the minimum FD tenor of 15 to 45 days, the bank offers 4% interest. For the next slab of 46 to 90 days the interest rate goes up by 3% to 7 %.

      For a tenor of 91 days to less than 1 year, the bank offers 7.25%.

    2. South Indian Bank medium and long term FD rates

      SIB offers the highest rate of interest at 7.90% for tenure 1 year. For 1 year and above but less than 15 months and above 15 months but less than 3 years, the rate drops by 0.10% to 7.80%. For deposits above 3 years up to 10 years, the interest rate is 7.75%. South Indian Bank also provides tax saver deposits at 7.75%.

    3. South Indian Bank Senior Citizen FD rates

      South Indian Bank provides 0.50% more interest to senior citizens over 60. However, this benefit is only available to resident senior citizens.

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    News About South Indian Bank Fixed Deposit

    • South Indian Bank Revises FD Interest Rates

      The South Indian Bank (SIB) has revised its interest rates for fixed deposits of more than Rs. 1 crore. The change was made on Friday, February 19.

      The bank’s fixed deposit for a period of 1 year to less than 15 months, and for more than 15 months to 3 years, are now available at 7.6 percent for general public and 8.1 percent for senior citizens. An FD for 15 months will attract 7.7 percent interest for the general public and 8.2 percent for senior citizens.

      Earlier, SIB offered 7.7 percent for a 1-year deposit and 7.6 percent for a deposit of more than 1 year to 3 years.

      23rd February 2016

    • Fixed Deposit Rate Changes for South Indian Bank

      Private sectored South Indian Bank has upped its interest rates. This has come into effect following the repo rate cut of the Reserve Bank of India

      With effect from October 05, 2015, the interest rates for domestic deposits will be the revised ones for both the general category and senior citizens. The lowest rate of interest available in fixed deposits with South Indian Bank is 4% whereas for senior citizens it is 4.50% per annum. This interest rate is applicable for deposit tenures of 7 days to 45 days, where there is a fractional increase of 0.50%. From 46 days to 90 days, senior citizens will earn a substantially increased rate of 7.50% per annum, while the general deposits will have an interest rate of 7%. From 91 days to less than 1 year, the interest rate offered for senior citizens is 7.75% per annum, as against the rate of 7.25%, offered for general. Deposits that are made, by senior citizens for a period of 1 year and above 1 year to 3 years earn interest rates of 8.40% and 8.30% per annum, respectively. For depositors under 60 years of age, the interest rates for deposits will be 7.90% and 7.80% per annum respectively. From 3 to 10 years, the interest earned by senior citizens is 8.25%, whereas for general category is 7.75%. General category and senior citizens will also have a tax gain of 7.75% and 8.25%, respectively.

      12th November 2015

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    • South Indian Bank Fixed Deposit Reviews

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    • South Indian Bank Fixed Deposit
      "Good service "
      0.5 5.0/5 "Blown Away!"
      I am using a fixed deposit service for last 12years and the do provide interest around 8.75% for the fixed deposit.I revceive a mail asking whether the renewal is needed or not through which I can renew the amount.I am getting the details about the maturity in frequent manner from South Indian bank related to the fixed deposit.
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      , chennai
      Reviewed on Jun 22, 2016
    • South Indian Bank Fixed Deposit
      "Wonderful"
      0.5 5.0/5 "Blown Away!"
      I do have the fixed deposit with the South indian bank and the interest rate is around 8%. I am having this deposit from 1985 onwards and the customer service is very well, also the response is good with the South Indian bank.
      Was this review helpful? 4

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      , bangalore
      Reviewed on Feb 05, 2016
    • South Indian Bank Fixed Deposit
      "MOHIT"
      0.5 3.5/5 "Pretty good"
      Hi this bank is providing best interest rates then other bank. I have deposit for 400 days on 9.15. current days while most of the banks are providing rate of interest below 9 like 8.75 by hdfc , 8 by icici , 8.50 by SBI , south indian bank still providing above 9 %. I like it most.
      Was this review helpful? 8

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      , ghaziabad
      Reviewed on Dec 30, 2014
    • South Indian Bank Fixed Deposit
      "South Indian Bank Term Deposit"
      0.5 5.0/5 "Blown Away!"
      I have taken term deposit from south indian bank @ 9.15% for 50000/-. I am satisfy with that rate. Customer service of this bank is higher compare to other banks. They are providing quick response for the same. I would like to recommend this bank to other customer
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      , rajkot
      Reviewed on Dec 28, 2014
    • South Indian Bank Fixed Deposit
      "BEST INTEREST RATE"
      0.5 5.0/5 "Blown Away!"
      The South Indian Bank is a new generation private sector bank with all the facilities /value added facility at comparatively economically priced. The fixed deposit interest rate mostly remains high. Currently they are offering as high as 9.65% for senior citizen for 15 months and 9.15% for others. The interest is credited quarterly and compounded there on
      Was this review helpful? 6

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      , cuttack
      Reviewed on Dec 26, 2014
    • South Indian Bank Fixed Deposit
      "Beneficial but needs improvement"
      0.5 3.0/5 "Satisfactory"
      I opted for a fixed deposit in South Indian bank as I have a savings account with them. The services was good but the customer support must be impoved a lot. The total tenure I applied for the fixed deposit is for 400 days where they offer a interest rate of 9.5%. They have informed that the interest amount is Rs.11000 to Rs.12000 for Rs.100000.
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      , chennai
      Reviewed on Dec 10, 2014
    • South Indian Bank Fixed Deposit
      "Good experience"
      0.5 3.0/5 "Satisfactory"
      I was holding a fixed deposit with South Indian bank for about 1 year. Actually the branch of the bank is very close to my house and I felt very convenient banking with them. They offered me a normal interst rate of 9.25%. Only one problem is the documents of the FD was not issued to me on the same day and it took some time. I think the rate of interest is slightly better than other banks however I don't recommend the bank as there are so many new generation banks have come into picture.
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      , kochi
      Reviewed on Oct 24, 2014
    • South Indian Bank Fixed Deposit
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I did not put any extra efforts to open this FD account, as I am a employee of the South Indian Bank. The response I get from this team is awesome as I get a mail or a text message from them stating that my deposit is going to get matured, I get this message before 5 days in advance and if at all there is an change to be made on the tenure or with the amount all I have do is just send a mail confirming that its that simple.
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      , pondicherry
      Reviewed on Oct 06, 2014
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