This article offers a brief summary of the key aspects of the South Indian Bank’s Term Deposit schemes. Since these details are subject to frequent updates, please refer to the bank’s official website for the most current information on features and interest rates.
South Indian Bank – Term Deposit Features:
- Nomination services are offered for all deposit accounts.
- Starting April 1, 2019, interest up to Rs 40,000 annually for general accounts and Rs 50,000 annually for senior citizens is exempt from TDS.
- Loans of up to 90% of the deposit amount can be availed on deposit accounts.
How to invest?
Click here to invest in the South Indian Bank’s Term Deposit schemes.
Note: The information presented here is sourced from publicly available data. We cannot be held responsible for any inaccuracies in the details. For the most current and accurate information, please visit the official website of the respective bank/institution.