SIB Elite Senior/Mahila Elite Saving Account

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SIB Elite Senior/Mahila Elite Saving Account

SIB Elite Senior & Mahila Elite Savings Account offers exclusive benefits, higher interest rates, and priority banking for seniors and women. Save smartly!

  • cheque availibilty
  • penalty for nonmaintenance
Apply Now Terms & Conditions Apply

Details for SIB Elite Senior/Mahila Elite Saving Account

South Indian Bank Elite Senior/Mahila Elite Savings Account is tailored for senior citizens and women, offering higher interest rates, priority services, and exclusive benefits. Enjoy seamless banking with special privileges like free transactions, personalized assistance, and added security features for a worry-free financial future.

Interest Rate

4% P.A

Withdrawal Limit

100000/-

Transaction Limit

350000/-

Minimum Balance Required

  • 5,000/- in Metro/Urban Branches
  • 2500/- in Semi Urban/ Rural Branches

Eligibility Criteria for Opening an Account

  • 55 years and above. If First holder is female aged 55 years above SB Mahila Elite will be offered

Additional Benefits

  • ATM cum Debit Card -Visa/Master Platinum
  • Issuance Charge free
  • Other Bank ATM Usages unlimited
  • Internet Banking Free
  • Mobile Banking Free
  • Free personalized Cheque leaves per calendar year 50 Nos
  • NEFT/ RTGS free per month - Rs 50000/-
  • Concession in processing fee of Housing loan, Educational Loan, and Vehicle Loan - 50% waiver for all loans.
  • Locker Facility - 25% concession on 1st year rent. (for small & medium)
  • Door Step Banking
  • Sweep in and Sweep out facility
  • Personal Accident Insurance Coverage (New India Assurance)