TASC PRIMA

TASC PRIMA

TASC PRIMA is a tailored banking solution for Trusts, Associations, Societies, and Clubs (TASC). Offering premium benefits, exclusive waivers, and personalized services, TASC PRIMA is designed to simplify financial operations while delivering value-added services to your organization.



Key Features And Benefits

Premium Debit Card Benefits

Complimentary Rupay Platinum or Visa Platinum debit cards with no issuance or AMC charges, plus 2X reward points on all purchases for eligible accounts

Service Charge Waivers

Free fund transfers, cheque book issuance, SMS alerts, and more.

Preferential Loan Pricing

Enjoy up to 0.10% rate concessions and a 25% waiver on processing fees for select retail loans for eligible accounts

Exclusive Locker Discounts

Locker rent waiver upto 100%

  • Debit Card Privileges: Access RuPay Platinum Explorer, RuPay Platinum EMV Chip, or Visa Platinum NFC debit cards with unlimited free ATM usage and accident insurance coverage.
  • Service Charge Waivers: Free fund transfers, RTGS/NEFT, cheque books, SMS alerts, DD/PO issuance, and duplicate statement charges.
  • Loan Concessions:
    • Up to 0.10% concession on loan rates.
    • 25% waiver on processing fees for select retail loans.
  • Demat and Trading Account Discounts: 50% waiver on Demat AMC for eligible accounts.
  • Forex Benefits:
    • No FIRC charges.
    • 50% waiver on the issuance fee for SIB Multi-Currency Travel Cards.
  • Minimum Balance Requirement: Maintain an average quarterly balance (AQB) of Rs.10 Lakhs in your TASC account (Savings or Current Account).
  • Key Persons Eligibility: Discounts on lockers, Demat AMC, and insurance benefits available for key persons in grouped categories.
  • Account Maintenance:
    • No issuance or AMC for debit cards.
    • 50% discount on locker rent for eligible key persons.
    • 50% waiver on Demat AMC (Rs100 waived).
  • Loan Processing:
    • 25% waiver on processing fees for select retail loans.
  • Forex and Remittance:
    • No FIRC charges.
    • 50% waiver on SIB Multi-Currency Travel Card issuance fees.
  • Visit the nearest South Indian Bank branch.
  • Provide required documents for verification.
  • Discuss your needs with a relationship manager.
  • Complete the onboarding process and activate your account.

Apply online for SIB TASC PRIMA Account Click here!

Questions & Answers

Frequently Asked Questions

To get answers to the frequently asked queries

TASC PRIMA is a premium banking product for Trusts, Associations, Societies, and Clubs, offering exclusive benefits and waivers.

TASC entities maintaining an AQB of ?10 Lakhs in their TASC account are eligible.

Complimentary RuPay or Visa Platinum debit cards with no issuance or AMC charges, unlimited free ATM transactions, and 2X reward points.

Yes, charges for fund transfers, cheque books, SMS alerts, and more are waived.

Eligible key persons in grouped categories receive a discount of up to 50% on locker rentals.

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