Open SIB Youth Plus Savings Account

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

PRODUCT FEATURES
Eligible Age Group	18 to 35 years
Required AMB	Rs.5,000/-
SIB ATM Usage	Unlimited
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 (SIBerNet)	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)

PMSBY

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)

DEBIT CARD
Variant	VISA Platinum EMV NFC- International Card
Issuance Fees	Free*
Daily ATM withdrawal limit	Rs.1,00,000/-
Daily Shopping limit	Rs.3,00,000/-
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 2^nd Year onwards, AMC Waiver on annual spend of Rs.50,000/- or above

AMB Non Maintenance Charges:
AMB Charges	AMB Maintained Revised Charges(SBA) up to 25% of AMB Rs 200/- Above 25% Up to 50% of AMB Rs 150/- Above 50% up to 75% of AMB Rs 125/- Above 75% Up to 100% of AMB Rs 100/-

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.