With a mission to impart ‘Savings Habit’ among students South Indian Bank has come up with this product named ‘SIB JUNIOR ’. This product is an SB account exclusively for students.
- Students having completed 10 years of age with an upper age limit of 18 years are eligible to open a SB account with any of our branches as per guidelines for opening an SB account,including Junior ,any OVD is a must,apart from birth certificate for minors
- SB account may be opened at least with a minimum cash remittance of Rs.10/-. However, a minimum balance of the a/c is Rs 150/-, has to be maintained within a period of 3 months.
- Free Instant RuPay card will be issued free of cost.
- Parents can open an ABB account with any of our Branches for easy fund transfer.
- Free fund transfer will be permitted from Parents Account to SIB Junior Account.
- Bank may consider Education Loans to eligible students.
You may contact the nearest branch for more details.