Established during the Swadeshi Movement, South Indian Bank offers a range of savings accounts. Its Group Salary Savings Account is a customised banking solution for employers and employees to manage salary deposits and withdrawals smoothly.
The following documents are required to open a South Indian Bank Group Savings Account:
Category | Fees |
Cheque/ECS return charges | Rs.2 per Rs.1,000 with a minimum of Rs.100 and a maximum of Rs.400 per cheque/ECS mandate returned |
Cheque inward return charges | Rs.50 per instrument |
NEFT/RTGS inward transactions | Free |
NEFT/RTGS outward transactions |
|
AMC charges on mobile banking services | Rs.75 charged half-yearly for resident customers and Rs.150 charged for NRI customers |
Change in mobile number for mobile banking services | Rs.100 |
Mobile banking reactivation charges | Rs.100 |
Issue of duplicate DD | Rs.100 |
DD revalidation | Rs.100 |
DD cancellation | Rs.100 |
ATM card replacement charges | Rs.100 |
ATM repin charges | Rs.100 |
Setting up standing instructions | Rs.100 |
Standing instruction amendment charges | Rs.100 |
Standing instructions execution charges | Rs.10 |
Charges for duplicate passbook | Rs.50 per page or Rs.50 for last entry alone |
Charges for account closing before 6 months | Rs.75 |
Stop payment charged |
|
Issuance of no dues certificate | Rs.100 |
Providing copies of old records more than 1 year | Rs.100 per year/per record/per sheet |
GST of 18% is applicable on all banking products and services from July 1, 2017 onwards.
Yes. There is a charge of Rs.25 to close a South Indian Bank Group Saving Account after 6 months from the date of opening.
Yes. Safe deposit locker facility is available with South Indian Bank.
Customers get 4 monthly transactions free. If the customer exceeds this limit, he/she will be charged Rs.20 per transaction for cash withdrawal and Rs.9 per transaction for non-financial transaction.
Yes. The first chequebook with 10 cheque leaves will be given to you free of cost.
Credit Card:
Credit Score:
Personal Loan:
Home Loan:
Fixed Deposit:
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