NRI BankingValue Added ServicesCentralized Direct Debit Services


South Indian Bank is now offering a centralized direct debit service to our customers through which regular payments like monthly/quarterly/half yearly payments of Mutual Fund SIP investments/Loan EMIs (Vehicle/Equipment Loans)/Insurance premium etc can be made by directly debiting their account and thereby making there payments to various billers/institutions.

This facility will be made available to all our customers irrespective of their branches being located in ECS/non-ECS locations. Hence, through this direct debit arrangement our customers need not submit post dated cheques every time for making their payments in mutual funds/insurance premiums.

Customers can collect the mandate forms of various mutual fund companies from any of our SIB branches and the mandate forms for paying the insurance premiums from the respective insurance companies. The duly filled mandate forms for mutual funds can be submitted to any of our SIB branches and the mandate forms for insurance needs to be submitted to the respective agencies/companies by the customer.

Our customers can now enjoy a much faster and easier payment mode of Mutual Funds/ Loan EMIs (Vehicle/Equipment Loans)/ Insurance Premium payments through this Direct Debit arrangement.

For further details contact Collection Management Cell:

Email Id: [email protected]

Ph: 0484-2384503

Contact Address:

Collection Management Cell,

CMPC -Marketing Department

The South Indian Bank Ltd.

2nd Floor

Do.No.4/461 A, Shanu Towers,

Opp. Appollo Tyres, Premier Jn

Kalamassery, Ernakulam

Kerala Pin Code: 683104

Ph: 0484- 2933560,Email: [email protected]