
Sector
Banking
Localization
N/A
Number of employees
500+
Launch date
1929
Description
The main activity of South Indian Bank is retail banking and financial services. The bank offers a wide range of products and services, including:
- Accounts and deposits: savings accounts, term deposits, financial inclusion.
- Loans: personal loans, auto loans, home loans, gold loans, student loans, loans against securities, business loans.
- Cards: debit cards, credit cards, travel cards, gift cards, prepaid cards.
- Investments: mutual funds, sovereign gold bonds, Demat accounts, retirement schemes (APY, NPS).
- Insurance: life, health, general insurance, and social insurance products.
- Digital banking services: online banking, mobile banking, WhatsApp Banking, account aggregator, payment services (UPI, FASTag, payment gateways).
- Corporate services: current accounts, working capital finance, supply chain financing, international financing, treasury management, merchant payment services.
- Non-resident (NRI) services: NRI accounts and deposits, international money transfers, foreign exchange services, investment and insurance products tailored to Indian expatriates.
South Indian Bank primarily serves individuals, businesses (SMEs and large corporations), as well as non-resident Indians (NRIs), with a strong presence in India and services tailored to the Indian diaspora abroad.
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