SIB Green Deposit holds multiple features as below.

Deposit Amount of less than Rs 3 Crore
Tenor -66 months
The deposit is made available in Cumulative and Simple interest schemes ie FD / KND
If monthly interest is required, it will be at discounted values as applicable to other deposits.
Pre closure penalty is applicable as all other term deposits.
In case of NRE deposits, if closed prematurely within one year, no interest will be paid.
Additional Interest for Senior Citizens & Staff Deposits
TDS and all other features will be as same as all other term deposits

It is easy to open an SIB Green Deposit with us. Whether you are an existing SIB customer or a non SIB customer, you can start investing 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

Proper Introduction (you may contact nearest branch for more details)
You may bring the filled up form, two passport-size photographs and documents like Passport/Ration 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.

South Indian Bank offers attractive rate of interest for Green 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

South Indian Bank's Green Deposits fund environmentally sustainable projects including renewable energy, clean transportation, and pollution prevention, allowing you to earn returns while supporting climate initiatives.

Yes, South Indian Bank offers competitive interest rates for Green Deposits comparable to regular term deposits, allowing you to support environmental causes without compromising on returns.

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