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  #1  
February 4th, 2016, 05:34 PM
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South Indian Bank NRI Scheme

Hey buddy can you please tell me how much interest is charged by the South Indian Bank on NRI Deposite for that will you please gather information what I’m looking for?
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  #2  
February 5th, 2016, 08:56 AM
Super Moderator
 
Join Date: Mar 2012
Re: South Indian Bank NRI Scheme

As per your demand buddy I will get the information about the interest rates charged by South Indian Bank on NRI Deposite so that you can have idea about it.

Here are the interest rates charged by the bank


Period Single Deposit less than Rs.100.00 lacs
General Senior Citizens*
7 days to 45 days 4.00% 4.50%

46 days to 90 days 7.00% 7.50%

91 days to less than 1 year 7.10% 7.60%

1 year 7 .70% 8.20%

Above 1 year to 3 years 7.60% 8.10%

Above 3 years up to and incl.10 years 7.50% 8.00%

Tax Gain 7.50% 8.00%

NRI Deposite
Period Single Deposit less than Rs.100 lacs
1 year 7.70% p.a
Above 1 year to 3 years 7.60% p.a
Above 3 years up to and incl.10 years 7.50% p.a
Rates for single deposit of Rs.100 lacs & above and Premature closure penalty thereon to be obtained from Head Office - (Treasury Dept.) on a daily basis.

Here are the various services conducted by the bank
Accounts & Deposits
NRE Rupee Account
NRO Rupee Account
Foreign Currency Deposits

Online SB (NRE/NRO) A/c opening
Loans
Personal Loans
Pravasi Swagat
SIB Flexi Loan

Money Transfers
International transfers
Within India

Mutual Funds
Insurance
Life Insurance
Health Insurance
General Insurance
Online Insurance

News
NRI News Letter

Value Added Services

Any Branch Banking
Welcome Kit
ATM cum Shopping card
Green Pin
Internet Banking
Mobile Banking
Demat Services
NRI Branches
NRI Division
NRI FAQs
Hadi Express Exchange
Portfolio Investment Scheme (PIS)
Feedback form for NRI's
Centralized Direct Debit Services
Distribution of Capital Gain Bonds & Tax Free Bond

Marketing officers at UAE

Address:-
South Indian Bank
T.B Road, Mission Quarters, Thrissur 680 001,Kerala, India

Phone:-
+91-487-2420020, 2420058, 2420113


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