Centralized Direct Debit Services

DIRECT DEBIT SERVICES is offered to our corporate customers through which regular payments of their customers like monthly/quarterly/half yearly payments of Mutual Fund SIP investments/Loan EMIs (Vehicle/Equipment Loans)/Insurance premium etc can be made by directly debiting their account.

This direct debit facility will be made available to all our customers irrespective of their branches being located in ECS/non-ECS locations. Hence, through this direct debit arrangement, customers need not submit post dated cheques every time for making their payments in mutual funds/insurance premiums/Loan EMIs (Vehicle/Equipment Loans).

This facility provides an excellent platform for corporate to streamline their collection management process and reduce cost significantly.

For further details contact Collection Management Cell:
Email Id: cmcell@sib.co.in
Ph: 0484-2384503

Contact Address:
Collection Management Cell,
CMPC -Marketing Department
The South Indian Bank Ltd.
2nd Floor, Do.No.4/461 A, Shanu Towers,
Opp. Appollo Tyres, Premier Jn
Kalamassery, Ernakulam
Kerala Pin Code: 683104
Ph: 0484- 2933560, Email: ho2013@sib.co.in