“Sibernet” is the Internet Banking Service of South Indian Bank Ltd, which allows its customers to avail the bank’s services through Internet.
2FA (second factor authentication) for enhanced SIBerNet security
2FA enables the users to make their online transactions in the most secured way. It is a security process in which the system will prompt the user to enter a dynamically generated one time password-OTP (Which could either be sent as SMS to the registered mobile number of the customer or it can be self-generated by the customer through an application downloaded to customer’s mobile handset). Thus even if the internet banking passwords of the customer are compromised, fraudster will not be able to do any financial transactions without having access to the registered mobile phone. This is a globally followed practice which ensures maximum security to internet banking transactions. As an additional security measure it is always suggested to operate SiberNet, with Second Factor Authentication (2FA).
Customers can avail this facility by contacting the parent branch where account is maintained or by giving a request mail to [email protected]
Advantages Of Sibernet
IRCTC Ticket Booking
South Indian Bank has entered into direct tie up with IRCTC for railway ticket booking facility through Internet banking. You can now book your train tickets online and pay using SIB Internet Banking Facility. Apart from SIB Internet banking (SIBerNet), you can also book IRCTC tickets using SIB IMPS/Debit cards.
Online Bill Payments / Shopping Mall:
This facility enables the customers to make payment for goods/services through Internet Banking on-line real time in a secured way. The types of services, for which the payment can be made, include the following:
Multiple Users- The corporate can apply Internet Banking facility for the different officials responsible for operations in bank accounts. The Corporate also has the facility of setting up Work-flow rules (i.e. hierarchical rules for approving requests within the organisation). The corporate can also restrict the accounts being shown to different users, based on their designations, roles, divisions etc. (e.g. Divisional Manager-Production, Regional Manager-Finance etc). This would ensure secrecy in the Corporate Accounts.
Limits - The corporate user can view the Corporate Limits granted to the different linked accounts maintained in all the branches of South Indian Bank.
Click here to login to Sibernet - Personal.
The software is from Infosys , a leading Indian Software house.
South IndianBank - Internet Banking (SIBerNet)is best accessed using Internet Explorer version 5.5 & above and Mozilla Firefox version 3.0 & above, with a screen resolution 1024 by 768 pixels.