One of the earliest banks in South India, "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.
Domestic Deposit Rates
| General | Senior Citizens | |
|---|---|---|
| 7 days to 30 days | ||
| 31 days to 90 days | ||
| 91 days to 180 days | ||
| 180 days to less than 1 Yrs | ||
| Above 1 Yrs to less than 3 Yrs | ||
| 3 years to < 5years | ||
| Above 5 years up to and incl.10 years | ||
| Tax Gain (5 Yrs) |
* Interest rates last updated on 16th Sep 2022