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South Indian Bank – FD Rates

This bank last updated its deposit rates on 19-Jun-26.

DICGC Insurance: ₹5L
FD Rank: #42 of 59 banks
KEY TENURESGeneralSenior
6 Months
5.50%
6.00%
9 Months
5.90%
6.40%
~ 1 Year
6.40%
6.90%
2 Years
5.85%
6.35%
30 Months
6.80%Best
7.30%Best
3 Years
6.20%
6.70%
5 Years
6.20%
6.70%
•For callable FDs < ₹3 Cr•Premature withdrawal penalty applies

Compare with other banks

Current
S

South Indian

6.80%30 months
Check all private banks
P

Punjab & Sind

6.85%666 days
Check all public banks
Top SFB Rate
U

Utkarsh

8.10%666 days
Check all SFBs
Top NBFC Rate
M

Muthoot Cap

8.95%36 months
Check all NBFCs
D

Deutsche

7.00%1 - 1.5 years
Check all Foreign banks
P

Post Office

7.50%5 years
Check Post Office

About South Indian Bank

Bank Overview

Type
Private
Headquarters
Thrissur
Founded
1929
Branches
948
DICGC Coverage
₹5 Lakhs

Financial Health Indicators(FY 2026)

NNPA
0.29%
CAR
19.66%
PCR
71.77%
LCR
119.74%
CASA
32.12%

Frequently Asked Questions

Quick answers to the most common questions about South Indian Bank Fixed Deposits.

As of July 2026, South Indian Bank offers a highest interest rate of 6.80% p.a. for general citizens and 7.30% p.a. for senior citizens on fixed deposits.

Yes, South Indian Bank is a registered bank regulated by the RBI. Your deposits (up to ₹5 Lakhs per depositor) are insured by DICGC, which covers both principal and accrued interest.

The minimum tenure for a fixed deposit with South Indian Bank starts from 7 Days. Longer tenures may offer higher interest rates.

Yes, South Indian Bank offers an additional benefit of up to 0.50% p.a. over the general citizen rate for senior citizens (aged 60 and above).

Yes, interest earned on fixed deposits is taxable as per your income tax slab. TDS is deducted at 10% if total interest exceeds ₹40,000 per year (₹50,000 for senior citizens). You can submit Form 15G/15H to avoid TDS if your total income is below the taxable limit.

Yes, South Indian Bank currently offers special FD rates on select tenures that are higher than the regular rates. These are typically limited-period offers and subject to change.