SIB Smart Salary Account

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SIB Smart Salary Account

Struggling with salary management? SIB Smart Salary Account offers zero balance, free transactions & seamless banking for hassle-free financial control!

  • cheque availibilty
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Details for SIB Smart Salary Account

South Indian Bank Smart Salary Account is designed for salaried professionals, offering zero balance, high-interest rates, and exclusive perks. Enjoy free transactions, seamless digital banking, priority services, and added benefits like free debit cards and online banking. Experience hassle-free salary management with smart financial solutions.

Interest Rate

4% p.a.

Withdrawal Limit

20,000/- per day

Transaction Limit

1,00,000/- per day

Additional Benefits

  • For monthly net salary of Rs. 10,000/- to up to Rs. 25,000/-.
  • Debit card: Classic variant
  • Free debit card issuance
  • No annual maintenance charge for card for 1st year.
  • Free unlimited SIB ATM transactions.
  • Free 5 (five) other bank ATM transactions in a month
  • $ Free accidental death insurance of Rs. 1 lakh.
  • Free Internet banking facility available
  • Mobile banking facility available
  • Free RTGS / NEFT transfer limit per month: Rs. 50,000/- (charges applicable above free limit)
  • Discount in locker rent.
  • Free 5 leaves cheque book in a calendar year (charges applicable above free limit)
  • Free DD issuance of Rs. 20,000/- (charges applicable above free limit)
  • 14.50% waiver in loan processing fee for vehicle and housing loan
  • Facility for opening demat and trading account.
  • Facility for opening NPS account.
  • & Facility for unlimited other bank ATM transactions on maintaining regular monthly average balance of Rs. 10,000/- per month.