A savings account as vibrant as you!

The SIB Youth Plus account is created to meet the complete dynamic requirement of today’s young India, right from guiding them in their investment journey to providing them with the best of digital services.


A Next Gen banking experience for the next generation

Eligible Age Group
18 to 35 years
Required AMB
Other Bank ATM Usage
10 times/month
Free Cheque Leaf
10 no’s / Calendar Year
RTGS/NEFT through branches

Free up to Rs.1,00,000/ Month (Max. up to 5 NEFT)

Net Banking
NEFT – Free

IMPS – Free (Basis AMB maintenance of Rs. 50,000)

Mobile Banking
(SIB Mirror+)
NEFT – Free

IMPS – Free (Basis AMB maintenance of Rs. 50,000)

UPI – Free
SMS Facility

Free for account having Average Quarterly Balance (AQB) >= Rs.25, 000.

Insurance (Apply Separately)

Get Insurance up to 2 lakhs for accidental death/ permanent total disability or 1 lakh for accidental partial disability for 1 year

(Free for 1st year)
SIB Suraksha Kavach

Personal Accident Death Insurance Cover of Rs.10 Lacs, including personal accident hospitalizations cover of Rs.1 Lac just for

Rs. 275/annum

(Customer to submit Suraksha Kavach application form separately to avail the insurance)

VISA Platinum EMV NFC- International Card
Issuance Fees
Daily ATM withdrawal limit
Daily Shopping limit
Debit Card AMC
Rs.300 + GST*
Tap and Pay

Payment up to Rs.5000 can be done without PIN, with a tap.

5 transaction per day on the card.
*ATM AMC Waiver Condition

1st Year AMC is waived if any one of the below conditions is satisfied by the customer within 90 days from card issuance.
a. Minimum 3 purchase transaction of any amount using the card.
b. Purchase transaction worth Rs.5000 or more using the card
c. Average balance of Rs.50000 in the last 90 days.
If any of the above conditions is not satisfied, an AMC of Rs.300 + GST will be collected 

2nd Year onwards, AMC Waiver on annual spend of Rs.50,000/- or above


AMB Non Maintenance Charges:

AMB Charges

AMB Maintained

Charges (excl. GST)

Upto 20% of AMB
Rs. 200.00
Above 20% - Upto 40% of AMB
Rs. 160.00
Above 40% - Upto 60% of AMB
Rs. 120.00
Above 60% - Upto 80% of AMB
Rs. 80.00
Above 80% - Upto 100% of AMB
Rs. 40.00






  • All the freebies are available in the account only on maintenance of required AMB.
  • For Account conversion: Please contact your nearby branch.
  • For any service charges click https://www.southindianbank.com/serviceCharge/serviceChargeList.