Fast Cash Deposit

If you are a depositor who has surplus funds which you are planning to invest for a short duration then SIB Fast Cash Deposit is ideal for you. This deposit also offer better returns than the regular fixed deposit schemes. 

Key Features and Benefits

Idle for aggressive investors looking to invest idle funds
Higher return than regular FD
Easy to open and track
  • Ultra short fixed deposits which allow automatic renewal
  • Deposit for 30, 46 or 91 days with cumulative or non-cumulative option
  • Partial withdrawal permitted while balance continues to earn interest
  • Freedom from visiting the bank for renewals-Automatic renewal facility
  • Rate of interest as applicable for fixed deposits of like duration

With South Indian Bank, you can avail the Fast Cash Deposit at ease without much hassle.

If you are an existing SIB customer with a Savings Account or Current Account with us, follow the below simple steps.

  • Download the application form Click Here
  • Filled application forms with SB/CA account numbers mentioned in the column for introduction is required and no other documents are required.

In case you do not have a Savings Account or Current account with our bank, still you can easily open a deposit with us by following the below steps. 
Download the application form Click Here

  • Fill in the details and sign the form
  • You may bring the filled up form, two passport-size photographs and documents like Passport/Ration card/Aadhaar card/Voter's card/PAN card as proof of address to our branch.
  • You may register for the value-added services by filling up the respective forms
     

The South Indian Bank offers attractive rate of interest on Fast Cash deposits.

Category

Details

Interest Rates

Check Interest Rates

Check out the Deposit calculator to know how your investment will grow over a period with us.

Frequently Asked Questions

To get answers to the frequently asked queries

FCDs are ultra-short fixed deposits for 30, 46 or 91 days with cumulative or non-cumulative option with partial withdrawal which makes it unique compared to other term deposits.

Pre closure penalty is applicable as all other term deposits.

Loan cannot be availed from Fast Cash Deposit.

TERM DEPOSITS

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