The Details of the Saving Account of the South Indian Bank is given below

Eligibility
Individuals in their own name or in joint names of family members

Branches authorized to open the accounts
All branches except specialized branches

Minimum balance for opening the account Zero

Non-operation/activation charges ofin- operative accounts
Zero

Collection of outstation cheques
Permitted. Usual collection charges applicable

Other conditions
Holders of ‘Basic Savings Bank Deposit Account’ will not be eligible for opening any other savings bank deposit account in the same bank.

Interest Rate

South Indian Bank offers its Savings Account customers a competitive rate of interest along with special benefits and privileges. The bank pays out an interest of 4% per annum.