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WHY WORK WITH SIB

 

GROWING BANK WITH STRONG FUNDAMENTALS

At South Indian bank, you become part of a rapidly growing bank that has strong fundamentals. With branches all over the country and a clientele across the world, we are considered as one of the most proactive banks in India with a proficient tech savvy team of professionals at the core of our services. Starting your career with us opens an avenue to learn and work on various challenges every day, become creative, innovative and think out of the box.

LONG AND RICH TRADITION

South Indian Bank came into being during the swadeshi movement. The establishment of the bank was the fulfillment of the dreams of a group of enterprising men who joined together at Thrissur, a major town (now known as the Cultural Capital of Kerala), in the erstwhile State of Cochin to provide for the people a safe, efficient and service oriented repository of savings of the community on one hand and to free the business community from the clutches of greedy money lenders on the other by providing need based credit at reasonable rates of interest.

VALUE DRIVEN WORK CULTURE

Our success is grounded in the unwavering commitment to Nine Core Values that shape our work culture.
1.Resilience 2.Ownership 3.Digital 4.Quality 5.Sensitivity

6.Integrity 7.Passion 8.Boundaryless 9.Speed

YOUNG WORKFORCE

Close to 50% of the workforce at South Indian Bank fall below the age of 30. Surround yourself with an energetic and enthusiastic team, who are full of new perspectives and innovative ideas.

PERKS AND BENEFITS

  • Leave

    Considering the overall wellbeing of the employees, a very receptive leave policy is offered to employees, which includes mandatory wellbeing leave as well.

  • Travel benefits

    Depending on their cadre / scale in the organization, employees are eligible for domestic/ foreign leave travel concessions.

  • Staff loans

    Employees of the bank are entitled to avail housing loan, vehicle loan, furniture loan, educational loan, gold loan, overdrafts etc. at special staff rates which are much lower than the normal bank rates.

  • Insurance

    (a)Medical Insurance cover of Rs. 4 lakhs for the employee, spouse, children and dependent parents.
    (b)Life Insurance Cover

  • Accommodation and Housing

    The compensation of officers include house rent allowance or leased rental accommodation, where the employees get house rent as a part of their package. Higher the cadre, higher will be the housing allowance. Bank also has residential quarters in some of the prominent locations in India like Mumbai, Delhi, Chennai, Hyderabad, Bangalore, Ahmedabad etc.

  • Other benefits

    Officers are also entitled to various other allowances like fuel, cleansing, entertainment, periodicals, furniture allowance, annual medical aid, annual vehicle maintenance etc.

AWARDS AND RECOGNITIONS

South Indian Bank won Banking Frontiers Inspiring Work Places awards in two categories viz. Best HR Technology and Best HR & Talent Practices instituted by the Banking Frontiers

Other recent awards:

  • Automation Excellence Awards 2021.
  • Banking Frontiers Finnoviti awards 2021.
  • IBA award for excellence in Banking Technology 2021
  • ASSOCHAM award for Digital Financial Services 2021