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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
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    NRI - FD
    Up to ₹1Cr
    1 Year to 10 Years
    6.5% - 6.75% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.75% - 8.6% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.72% - 8.65% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    South Indian Bank Fixed Deposit Rates is Rated as "Excellent!" by 9 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Fixed Deposit BYTES FROM OUR KITCHEN

    South Indian Bank Fixed Deposit Rates

    South Indian Bank is a premier private sector bank that is based out of Thrissur in Kerala. With South Indian Bank fixed deposits (FDs), investors are spoiled for choice. There are a long list of plans that a customer can apply for. The options include SIB Flexi Smart Deposit, Kalpakanidhi, SBI Flexi Deposit, SIB Tax Gain 2006, regular FDs and Fast Cash Deposits.

    Given below are the interest rates offered by South Indian Bank for regular and senior citizens with effect from  21 June, 2018:

    Tenure Regular Interest Rate (per annum) Senior Citizen Interest Rate (per annum)
    7 days to 45 days 4.00 4.50%
    46 days to 90 days 5.85% 6.35%
    91 days 6.00% 6.50%
    92 days to less than 15 months 6.85% 7.35%
    15 months to 499 days 7.00% 7.50%
    500 days 7.40% 7.90%
    501 days to 5 years 7.00% 7.50%
    More than 5 years to 10 years 6.50% 7.00%

    *For deposits that are of less than Rs.1 crore

    South Indian Bank Tax Saver FD Rates

    Tenure Regular Interest Rate (per annum) Senior Citizen Interest Rate (per annum)
    5 years 6.50% 7.00%

    South Indian Bank short-term interest rates

    • The percentage at which interest payment is made ranges from 4.00% p.a to 6.85% p.a.
    • The duration for which investment can be made is from as less as 7 days to 15 months.
    • The highest-paying slab is from 92 days to less than 15 months, which pays at the rate of 6.85% p.a.
    • For 91 days, the applicable rate of interest is 6.00% p.a. and for 46 days to 90 days, the gain rate is 5.85% p.a.

    South Indian Bank medium-term interest rates

    • In this slot, the maximum interest of 7.40% p.a. can be earned for making an investment for a fixed period of 500 days.
    • For 501 days to 5 years, the bank will pay up to 7.00% p.a, which is the second highest FD rate paid by South Indian Bank.
    • In this slot, one can also choose to go for a ‘Tax Gain’ deposit that pays interest at the rate of 6.50% p.a.

    South Indian Bank long-term interest rates

    • The standard interest rate that is paid on South Indian Bank long-term fixed deposits are 6.50%.
    • The above mentioned rate is applicable for all time deposits that are taken for more than 5 years to 10 years.

    South Indian Bank senior citizen interest rates

    • The additional interest rate that can be paid on a term deposit is at the rate of 0.50% p.a. across maturities.
    • The yearly gain percentage for senior citizens falls in the range between 4.50% p.a. to 7.90% p.a.
    • The interest slab that fetches the maximum profit is 7.90% for an investment tenure of a fixed number of 500 days.
    • For 15 months to 499 days, the rate of payment is 7.50%, and the same rate is paid for 501 days to 5 years.

    South Indian Bank Fixed Deposit Reviews

    • South Indian Bank Fixed Deposit
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I had a fixed deposit with the South Indian Bank. There is nothing special about the service. The interest they offer for the deposit is low. It is so easy to start a fixed deposit. Overall it has been a good experience with the fixed deposit. Staff were cooperative and very much helpful
      Was this review helpful? 1
      , mumbai
      Reviewed on Jun 27, 2018
    • 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.
      Was this review helpful? 1
      , 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
      , 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
      , 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
      Was this review helpful? 2
      , 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
      , 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.
      Was this review helpful? 2
      , 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.
      Was this review helpful? 0
      , 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.
      Was this review helpful? 0
      , pondicherry
      Reviewed on Oct 06, 2014
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