Attractive Features & Benefits

Debit Card

Our Priority Banking customers can avail Personalized SIB Rupay Platinum EMV Chip or Rupay Platinum Explorer card or Visa Platinum NFC for free, coupled with the following benefits.
(a) Complimentary Lounge Access Domestic Airport Lounges – 1 per quarter at participating airport lounges.
International Airport Lounges (Outside India) – 1 per year at participating airport lounges
(Airport Lounge access available in Rupay Platinum Explorer NCMC Contactless/ Rupay Platinum EMV Chip Card at participating airport lounges).
(b) Avail 3X Reward Points on all purchase transactions.
(c) Unlimited free usage at SIB and other-bank ATMs.
(d) No Issuance charges and AMC.


50% waiver on annual locker rent for one locker to Primary Customer of the group or Individual.

Business Debit Card

MasterCard Platinum Business Debit Card is offered free of cost to eligible Prime Platinum customers.

Insurance Cover

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


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

Pricing of Loans

0.15% Discount on applicable rate offered to general customers (REPO linked Lending Rate).
50% waiver on processing fee for Retail Loans.

Demat & Trading Accounts##

Free Demat Account opening and No Demat AMC.
Free Trading Account.

Service Charge waivers

Free and unlimited Cheque Book
DD/PO charges
RTGS / NEFT Charges & Inter-Branch Fund Transfer Charges
Stop payment charges
SMS Alert Charges
Cheque collection charges
Duplicate statement charges
Minimum Balance Charges for Family Accounts Grouped
Folio Charges in Savings A/C


#New India Assurance’s Accident Insurance (SIB Suraksha Kavach) with a maximum cover of Rs. 10,00,000/-, including personal accidental death, hospitalization expenses.
**T&C apply
## 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.

For further information/ queries please write to us at: [email protected]
Click here to view the SIB Suraksha Kavach Application Form