South Indian Bank Prime My family

Enjoy more with your loved ones through SIB Prime, My Family. Extend your exclusive priority banking benefits to your family, ensuring they too experience the finest privileges. From comprehensive insurance coverage to discounted locker rentals, every benefit is thoughtfully chosen to enhance your family’s banking experience. Create lasting memories together while enjoying the exceptional advantages of SIB Priority Banking.

Features of SIB Prime Account

SIB Prime Features & Benefits

Locker

50% waiver on annual locker rent to SIB Prime Platinum customers for one locker per group.
25 % waiver on annual locker rent to SIB Prime customers for one locker per group.

Forex

Better rates on exchange value# No Foreign Inward Remittance Certificate (FIRC) Charges.
100 % waiver on issuance fee for SIB Multi Currency Travel Card.

Discounts on Loan Pricing#

Discount on applicable rate offered to general customers(REPO linked Lending Rate).
Concession on processing fee for retail loans.

Demat & Trading Account**

Free Demat Account opening and No Demat AMC (Applicable for Prime Platinum customers). Free Trading Account.

Insurance Cover

*SIB Suraksha Kavach insurance (maximum cover of Rs. 10,00,000/-), with cover extended to all group members for SIB Prime Platinum Customers and 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 Card

Complimentary Lounge Access (Domestic Airport) – 1 per year
International Airport Lounges (Outside India) – 1 per year
Avail up to 3X 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

**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.

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”.

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