SIB Scholarship Saving Account

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SIB Scholarship Saving Account

Secure your educational funds with SIB Scholarship Saving Account. Enjoy easy access, exclusive benefits, and hassle-free banking for students.

  • cheque availibilty
Apply Now Terms & Conditions Apply

Details for SIB Scholarship Saving Account

South Indian Bank Scholarship Saving Account is designed for students to manage their scholarship funds efficiently. Offering seamless transactions, higher interest rates, and exclusive banking benefits, it ensures easy access to funds while promoting financial independence. Ideal for students looking for a secure and flexible savings option.

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Interest Rate

4% P.A

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Withdrawal Limit

50,000/-

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Transaction Limit

2,00,000/-

Minimum Balance Required

  • NIL

Eligibility Criteria for Opening an Account

  • Students who are receiving scholarship

Additional Benefits

  • ATM card - Visa Classic
  • ATM card Issuance Free
  • Online NEFT - Free & Unlimited
  • Mobile/Internet Banking -Free
  • E- Lock facility - Digital e-lock to lock your account/Set your transaction limit
  • Cheque Leaves - Rs.3/leaf
  • Demand Draft - Charged based on DD amount
  • Online account statement- 1 time/month

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