South Indian Bank Account Details

Hello sir I am Arvind, can you please provide me details for opening Basic Savings Bank Deposit Account in South Indian Bank??

[sumit]

South Indian Bank Limited (SIB) is a private sector bank which was founded in 1929 and have headquartered at Thrissur City in Kerala, India.

Details for opening Basic Savings Bank Deposit Account
Eligibility
Individuals in their own name or in joint names of family members

Branches authorized to open the accounts
All branches except specialized branches

Minimum balance for opening the account
Zero

Non-operation/activation charges of in- operative accounts
Zero

Transactions
-There will be no limit on the number of deposits that can be made in a month, maximum number of withdrawalsin a month, including ATM withdrawals is restricted to 4.If exceeded, Rs.20/- plus service tax per transaction will be charged.
-The individual debit and credit per transaction should be below Rs.50, 000/- for all Basic Saving Bank Deposit Accounts.

Issue of Cheque books
One 10 leaves cheque book free of cost on request basis

ATM-cum-Debit Card
Free of cost without AMC

Internet Banking / Mobile banking
If the client requires internet banking, SMS banking or other value added services, then he has to convert the account to other category of account and keep the required minimum balances to avail the facilities.