Fixed Deposit

Park Your Money In A Safe Investment

Fixed deposit are an ideal investment options if you are looking to park your money in a safe investment instrument by earning an assured return on it. SIB Fixed Deposits are suitable for the depositors who prefer to get the interest on their investments at a fixed intervals

Key Features and Benefits

Ideal for conservative investors
Timely interest payout
Easy to open and track
  • Simple interest will be paid quarterly.
  • Monthly interest pay out scheme is also available at discounted rate.
  • For Short/long term investment
  • Deposits can be made for period ranging from 7 days to 10 years.
  • Interest can be withdrawn periodically or transferred to other accounts as per instructions
  • Can give auto-renewal instructions
  • TDS is applicable as per the tax laws.
     

With South Indian Bank, you can open the Term Deposit either as Online or by visiting the branch. 

  • Online Mode - You can open a Fixed Deposit seamlessly either by visiting our online banking platform SIBerNet or mobile banking app SIB Mirror+ 
  • Offline Mode - Visit your nearest SIB Branch, fill out the FD application form, submit the same along with the deposit amount at the counter. 

The South Indian Bank offers attractive rate of interest for fixed deposit.

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

A fixed deposit can be opened for any amount subject to a minimum of Rs.100/- and Flexi Deposit with a minimum of Rs.1000/-.
In Digital Platform, the minimum amount required is Rs.1000/-

To know more about our interest rates, click here

Loans/advances may be allowed up to 90% of the amount outstanding in the INR deposit account except against those opened under Tax Gain Scheme, Flexi Deposit scheme, Fast Cash Deposit, Non-Callable and Security Deposit.

TERM DEPOSITS

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