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South Indian Bank
Safety:Bank Safety:Good
•✓₹5l DICGC insuredDICGC insured up to ₹5L
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 |
|---|
Foreign Currency Non-Resident (FCNR-B) Deposit Rates
Maturity | USD | |
|---|---|---|
| Deposit Amount | Under $500K | $500K+ |
| 1 to <2 years | 4.10% | 4.50%BEST |
| 2 to <3 years | 4.25%BEST | 4.25% |
| 3 to <4 years | 4.00% | 4.00% |
| 4 to <5 years | 3.75% | 3.75% |
| 5 years | 3.90% | 3.90% |
NRI Fixed Deposit Rates (NRE & NRO)
| TENURE | Interest Rate |
|---|---|
1 year | 6.25% |
Above 1 year to 371 days | 5.85% |
372 days | 6.40% |
373 days to <18 months | 6.05% |
18 months | 6.60% |
Above 18 to <30 months | 5.85% |
30 months | 6.80%BEST |
Above 30 months to <3 years | 5.85% |
3 to <5 years | 6.20% |
5 years to <66 months | 5.70% |
66 monthsGreen FD | 6.00% |
Above 66 months to 10 years | 5.70% |
•For callable NRE FDs < ₹3 Cr•100% tax-free in India•Premature withdrawal penalty applies
Frequently Asked Questions
As of September 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.
South Indian Bank FD Calculator
Months
Days
MATURITY AMOUNT
₹1,06,398
MATURITY DATE
19 Sept 2027
Interest rate6.25% p.a.
Principal₹1,00,000
Total interest₹6,398
Indicative only. Actual figures may vary.