South Indian Bank Prime

SIB Prime brings you a curated selection of privileges you've always desired, elevating your banking experience to new heights. With unmatched benefits, we ensure you enjoy best in class banking without compromise. From an exclusive NFC-enabled debit card to complimentary airport lounge access, every benefit is thoughtfully designed to meet your needs and enhance your lifestyle.

Features of SIB Prime Account

SIB Prime Features & Benefits

Locker

25% waiver on annual locker rent for one locker to Primary Customer of the group or Individual.

Loans at Discounted Rates

Avail 0.10% Discount on applicable rate offered to general customers (REPO Linked Lending Rate).
Enjoy 25% waiver on Processing Fee for Retail Loans.

Forex

Better rates on Exchange Value**
No Foreign Inward Remittance Certificate (FIRC) charges.
50% waiver on issuance fee for SIB Multi Currency Travel Card.

Insurance Cover

SIB Suraksha Kavach Insurance# (maximum cover of Rs.10,00,000/-), with cover extended to 2 members for SIB Prime Customers. Get a Cash Back of Rs.199/- each, credit to the account. (Premium per head including GST Rs 275/-)

Debit Cards

Complimentary Lounge Access (Domestic Airport) – 1 Per Year at participating airport lounges.
International Airport Lounges (Outside India) – 1 Per Year at participating airport lounges.
Avail 2X Reward Points on all purchase transactions.
Unlimited free usage at SIB and other-bank ATMs.
No Issuance charges and AMC.

Other Benefits

Free and unlimited Cheque Book Issuance
Nil SMS Alert Charges
Nil Charges on RTGS / NEFT & Inter-Branch Fund Transfer
Nil Duplicate statement charges
Nil Stop payment charges
Nil cost on Trading & Demat Account Opening

**T&C apply

#New India Assurance’s Accident Insurance (SIB Suraksha Kavach) with a maximum cover of Rs.10,00,000/-, including personal accidental death, hospitalization expenses.

Waiver of charges as per the offer of partners from time to time.

The above benefits are available only for SB account holders, other than MasterCard Platinum Business debit Card.

Priority Banking

SIB Prime Eligibility

A minimum Average Quarterly Balance (AQB) of Rs. 2 lakhs in Savings Account (Individual or *Group value).
AQB is measured as combined balance across account/s linked to your Customer ID or over the account/s of family members linked to your “Group”.

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Eligibility

Join our Priority Banking Program

Experience our exclusive priority banking with exclusive privileges

SIB Prime Platinum

In order to extend the features and benefits under the program to family members and to compute eligibility based on Family Account Value, customers need to submit the duly filled Customer Enrolment/ Family Grouping Form to his/ her respective Branch or RM.

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SIB Prime

A minimum Average Quarterly Balance (AQB) of Rs. 2 lakhs in Savings Account (Individual or *Group value). AQB is measured as combined balance across account/s linked to your Customer ID or over the account/s of family members linked to your “Group”.

Apply Now