Business BankingValue Added ServicesCentralized Direct Debit Services

 DIRECT DEBIT SERVICES TO OUR CORPORATE CUSTOMERS THROUGH SIB

South Indian Bank is now offering a centralized direct debit service to our corporate customers through which regular payments of their customers 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.

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, customers need not submit post dated cheques every time for making their payments in mutual funds/insurance premiums/Loan EMIs (Vehicle/Equipment Loans).

This facility provides an excellent platform for corporate to streamline their collection management process and reduce cost significantly.



For further details contact Collection Management Cell:

Email Id: cmcell@sib.co.in

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: ho2013@sib.co.in