SIB Gen Next Saving Account

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SIB Gen Next Saving Account

Secure your future with SIB Gen Next Savings Account! Enjoy high interest, digital banking, and exclusive benefits tailored for the next generation.

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

Details for SIB Gen Next Saving Account

South Indian Bank Gen Next Savings Account is designed for young professionals and students, offering high-interest rates, seamless digital banking, and exclusive perks. Enjoy free transactions, easy fund access, and a smart way to grow your savings while managing finances effortlessly.

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Interest Rate

4% P.A

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Withdrawal Limit

5,000/-

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Transaction Limit

10,000/-

Minimum Balance Required

  • 5000/-

Eligibility Criteria for Opening an Account

  • Day one to 18 years (All Minors)

Additional Benefits

  • Free Cheque Leaf - 10 Nos / Calendar Year in the name of child
  • Outward RTGS/NEFT - Free up to Rs.1,00,000/ Month
  • Net Banking - NEFT – Free IMPS – Free (Basis AMB maintenance of Rs. 50,000)
  • Online NEFT Unlimited
  • Personal accident death cover for Rs. 10 Lac
  • Personal accident hospitalizations cover for Rs.1 Lac
  • Card variant - Visa Classic NFC International Card
  • ATM card Issuance Feesc- Free
  • Tap and Pay - Payment up to Rs.5,000/-5 such transaction per day on the card.

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