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South Indian Bank
Bank Overview
Type
PrivateHeadquarters
ThrissurFounded
1929Branches
948DICGC Coverage
₹5 LakhsFinancial Health Indicators(FY 2026)
NNPA
0.29%Strong
CAR
19.66%Strong
PCR
71.77%Strong
LCR
119.74%Fair
CASA
32.12%Fair
Fixed Deposit (FD) Interest Rates
| TENURE | General | Senior |
|---|
•For callable FDs < ₹3 Cr•Premature withdrawal penalty applies
Savings Account Interest Rates
| Deposit Slabs | Interest Rate |
|---|
•This bank is covered by DICGC deposit insurance up to ₹5 lakhs per depositor
Foreign Currency Non-Resident (FCNR-B) Deposit Rates - check here
Frequently Asked Questions
Quick answers to the most common questions about South Indian Bank accounts.
As of August 2026, South Indian Bank offers up to 6.80% p.a. on Fixed Deposits and up to 6.00% p.a. on Savings Accounts based on the balance slabs maintained.
Yes, South Indian Bank is a scheduled bank regulated by the RBI. Your deposits (up to ₹5 Lakhs per depositor) are insured by the DICGC, which covers principal and interest across all account types.
The minimum tenure for a fixed deposit with South Indian Bank starts from 7 Days. Senior citizens receive an additional interest rate benefit of up to 0.50% p.a. over general citizen rates.
South Indian Bank offers tiered interest rates ranging from 2.25% to 6.00% p.a. depending on the balance slabs maintained in the savings account.
Yes, interest earned on deposits is taxable. Savings account interest is tax-free up to ₹10,000 per year (₹50,000 for senior citizens) under Section 80TTA/80TTB. FD interest is fully taxable, and TDS is deducted at 10% if interest exceeds ₹40,000 (₹50,000 for senior citizens) in a financial year.
FD Calculator
Months
Days
MATURITY AMOUNT
₹1,06,398
MATURITY DATE
17 Aug 2027
Interest rate6.25% p.a.
Principal₹1,00,000
Total interest₹6,398
Indicative only. Actual figures may vary.