Welcome to South Indian Bank - Experience Next Generation Banking

Service Charges

Savings Bank A/c - No frills A/c

Savings Bank A/c - No frills A/c
Minimum Balance	Rs.10/-
Charges for non maintenance thereof	NIL

Saving Bank Accounts with Cheque facility

Saving Bank Accounts with Cheque facility
Minimum Balance	Rs.1000/-
Charges for non maintenance thereof	Rs.250/- per Quarter

Saving Bank Accounts without Cheque facility

Saving Bank Accounts without Cheque facility
Minimum Balance	Rs.500/-
Charges for non maintenance thereof	Rs.100/- per Quarter

Other savings bank account facilities

Other savings bank account facilities
Issue of Duplicate Statement	Rs.50/- per page
Issue of loose cheque leaves	Rs.3/- per leaf
Issue of duplicate pass book	Rs.50/- per page
Mode of calculation of minimum balance	quaterly average

Remittance Facilities through own bank

Remittance Facilities through own bank
DD- Issue	Rs.2/- for 1000/- (Min. Rs.25/-)
DD-Cancellation	Rs.50/-
DD-Revalidation	Rs.50/- per DD
PO - Issue	Rs.2/- per 1000/- (Min. Rs.25/-)
PO-cancellation	Rs.50/-
PO-Duplicate	Rs.50/-
PO-Revalidation	Rs.50/-
TT - Issue	Rs.2/- per 1000/- + Telephone charge (Min. Rs.100/-)
TT - Cancellation	Not fixed
TT-Duplicate	Not fixed
TT-Revalidation	Not fixed
EFT Charges - inward	Nil
EFT Charges - outward	N.A
RTGS - Outward	Rs. 1.50 per 1000 +25 , Min. Rs.50/-, Max Rs.1500/-
RTGS - Inward	Nil
Collection of Cheques	Rs.3.50 to Rs.2.50 per 1000/-( Min. Rs.15/-)

Remittance Facilities through other bank

Remittance Facilities through other bank
DD- Issue	NA
DD-Cancellation	NA
DD-Revalidation	NA
PO - Issue	NA
PO-cancellation	NA
PO-Duplicate	NA
PO-Revalidation	NA
TT - Issue	NA
TT - Cancellation	NA
TT-Duplicate	NA
TT-Revalidation	NA
EFT Charges - inward	NA
EFT Charges - outward	N.A
RTGS - Outward	NA
RTGS - Inward	NA
Collection of Cheques	NA

Foreign Exchange Transactions

Foreign Exchange Transactions
Remittance Outward	Rs.300/- to Rs.500/- (actual swift/courier charges will be extra)
Remittance Inward	Rs.250/- to Rs.500/-
TCs - Selling Base rate	+ 1.25%
TCs - Encashing Base rate	+ 1.25%
TCs - Foreign Currency Base rate	+1.50%

Cheque Collection

Cheque Collection
Local	Free of charges
Outstation through own bank	Rs.3.50 to Rs.2.50 per 1000/-
Outstation through another bank	Rs.3.50 to Rs.2.50 per 1000/-+other Bank’s charges.
Bouncing of cheques- Local	Rs.50/-
Bouncing of cheques- outstation- through own bank	50% of the collection charges + Full Postage(Min. Rs.100/-)
Bouncing of cheques- outstation- through another bank	50% of collection charges Full Postage(Min. Rs.100/-)

Retail Loan

Retail Loan
Loan Processing Charges	0.25% to 1%
Prepayment Charges
If closed from own sources after 2 years	Nil
If closed from own sources before 2 years	1% of the prepaid amount.
If closed through take over by other banks	2% of the pre-paid amount
No due Certificate	NIL
Solvency Certificate	Rs.100/- per lac. Min - Rs. 100/-
Charges for late payment of EMI Penal	Interest at 2%
Charges for changing from fixed to floating rates of interest	Option once exercised cannot be changed
Charges for changing from float to fixed rates of interest	Option once exercised cannot be changed
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Debit Cards

Debit Cards
Membership fee	NIL
Annual Fee	Rs.50 plus service tax after 1 year
Renewal Charges	NIL
Late Payment Charges	NIL
Replacement charges	Rs.100/-
Cash withdrawal	NIL
Point Of Sale (POS) transactions, below Rs.500/-	Rs.10/-
Master Card transactions for purchase of Petrol	2% advalorem of petrol cess
Transaction Charge with other Bank ATMs
	Cash withdrawal	Bal. Enquiry
NFS	Rs.20/-	NIL
Master card (transactions within India)	Rs.20/-	NIL
Master card (transactions outside India)	Rs.100/-	Rs.25/-

Electronic Clearing System (ECS)

Charges for Electronic Clearing System(ECS) w.e.f January 1 2008
Minimum balance	Rs.10,000/- has to be maintained in all Destination Accounts.
ECS registration will automatically get closed in the event of three consecutive cheque returns in the account for want of sufficient funds.

Standing Instructions

MISCELLANEOUS

MISCELLANEOUS
Balance enquiry	Charges not fixed
Balance Certificate	Rs.50/-
Interest Certificate	Rs.100/-
Account closure	Before 6 Months	After 6 Months
SB	50	20
CD	100	50
Use of Fax/Telephone/Modem	Not Fixed
Photo attestation	Rs.100/-
Signature attestation	Rs.100/-
Stop Payment Charges	Rs.100/- per cheque
Inoperative account	Not fixed
Internet Banking	Rs.1/- per Rs.1000/- for fund transfer from one branch to other with a minimum of Rs.10/-. Rs.100 for resetting password.
Mobile Service(SMS) Annual Fee	Rs.75/- plus Service Tax after 6 months for Domestic customers. Rs.150/- plus Service Tax after 6 months for NRE customers w.e.f Dec:2007
Change in Mobile Number	Rs. 50/-
Issue of Confidential Report	Rs. 1000/- per report