Rate of Interest on Fixed Deposit in South Indian Bank

Will you please tell what is the interest rate on Fixed Deposit amount at South Indian Bank ? please give interest rate detail for senior citizens?

[Quick Sam]

As you want I am here telling you about the interest rate on Fixed Deposit amount at South Indian Bank for senior citizens.

Interest rate on Fixed Deposit depend on the duration for which amount is deposited .

Interest rates for Senior Citizens:
Period Single Deposit less than Rs.100.00 lacs
For Senior Citizens
15 days to 45 days 4.50%

46 days to 90 days 7.50%

91 days to less than 12 months 8.25%

12 months to less than 15 months 9.00%

SIB Freedom (15 Months) 9.05%

Above 15 months to less than 2 years 8.90%

2 years up to and incl.10 years 8.75%

Tax Gain 8.75%


Contact detail :
South Indian Bank Ltd.
Head Office
T.B Road, Mission Quarters,
Thrissur 680 001,Kerala, India
Telephone Nos :
+91-487-2420020,
2420058, 2420113
Email: sibcorporate@sib.co.in

Hello, I want to know the interest rate of the fixed deposit account of the South India Bank. Please provide me.

[Shaleen]

Hello, here I am providing you the details of the interest rate of the fixed deposits of the South India Bank as under:

Interest rate on Domestic Deposits w.e.f 05th October 2015


Terms and conditions:
Special rates for Senior Citizens, applicable only to Residents individually or jointly with another resident citizen.

Penalty is applicable for premature closure of deposits for withdrawal as well as for reinvestment of Term Deposits including Recurring Deposits and Daily Savings Deposits at the rate of 0.50% for deposit amounts below Rs.15 lakhs and 1% for deposit amounts of Rs.15 lakhs and above. The effective rate will be the net of applicable rate for the period of deposit remained with bank (less the penal rate) or the net of original contracted rate (less penal rate) whichever is less.

Hello sir I want to know Rate of Interest on Fixed Deposit in South Indian Bank so here can you please give me details ?

[Kiran Chandar]

Hey as South Indian Bank Limited is a private sector bank headquartered at Thrissur City in Kerala, India.

Features
Simple interest will be paid quarterly.
Monthly interest payout scheme is also available at discounted rate.
For Short/long term investment
Deposits can be made for period ranging from 15 days to 10 years.
Interest can be withdrawn periodically or transferred to other accounts as per instructions
Can give auto-renewal instructions
TDS applicable
Interest rate

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 7.10% 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%