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Online South Indian Bank Savings Account Opening

Open South Indian Bank Saving Account

Last Updated 24th Feb 2021

Interest Rate 2.35% - 4.50%
Minimum Balance Requirement --
Cash Withdrawal Limit --
ATM Transaction Charges --
Debit Card --
Apply for Savings Account

South Indian Bank Savings Account Opening

South Indian Bank Savings accounts in South Indian Bank can be opened online or offline. To open South Indian Bank offline, you have to visit the branch, fill the application form and submit documents.

Steps for Opening South Indian Bank Savings Account Online

To open the savings account online in South Indian Bank, you have to follow these steps:

  • Step 1: First, visit the official website of South Indian Bank.
  • Step 2: Go to Savings Account option and select the option ‘Apply Now’.
  • Step 3: Fill the required details like Name, Contact number, Date of Birth, Address etc. and click on ‘Submit’.
  • Step 4: Verify the details with the documents like PAN and Aadhar or any other document as required by the bank.
  • Step 5: South Indian Bank’s executive will verify all the submitted documents.
  • Step 6: After the successful verification of your documents, South Indian Bank will share the welcome-kit containing debit cum ATM Card, PIN and cheque book with you.
  • Step 7: Once the account is activated, you can register your mobile number and use a debit Card and cheque book for banking services.

Steps to Open South Indian Bank Savings Account at Branch

To open a savings account with South Indian Bank at a branch, you must follow these steps:

  • Make sure that you carry with you an identification proof (preferably your PAN Card), an address proof (preferably your Aadhaar card), and two passport size photographs.
  • After reaching the branch, ask the clerk that you want to open a savings account. The clerk will give you the application form.
  • Fill the savings account application form with required details and attach the photographs on the form where required.
  • After duly filling the form and signing it, submit the savings account application form along with necessary documents and required money (in case of minimum balance account) with the clerk.
  • Your account will be functioning within a week or so, and the bank will inform you about it through a call/SMS/email.

Eligibility of opening Savings Account in South Indian Bank

You have to fulfil the following eligibility criteria to open a savings account in South Indian Bank:

  • This account is for resident Indians of 18 years of age and above

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How can I open a savings account in South Indian Bank?

You can open a savings account in South Indian Bank either by applying online through the website or by visiting the branch nearby and submitting your application form there.

Can I open a savings account online in South Indian Bank?

Yes, you can open a savings account online, by applying for it through the South Indian Bank’s official website.

What is the minimum balance in South Indian Bank?

The minimum balance required to open a savings account in South Indian Bank is .

South Indian Bank News - May 2021
  • 2018-07-23 : Govt. Slashes minimum yearly deposit for Sukanya Samridhi Account
    The government has slashed the minimum annual deposit requirement for an account under Sukanya Samriddhi Yojana to Rs 250 from Rs 1000 earlier. Now, the minimum initial deposit Rs 250 required to open an account under Sukanya Samiriddhi Account Scheme. The minimum deposit that needs to be made every year is now Rs 250, while the maximum is Rs 1.50 lakh.
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