Current Context: South Indian Bank has launched flexible saving products for NRI customers dubbed as SIB SEAFARER and SIB PULSE for mariners and healthcare professionals are just the instances for the same.
- SIB SEAFARER is a special savings account for non-resident Indians (NRIs) who are working as sea farers or mariners. It has some attractive features such as:
- Flexibility to maintain a minimum balance of Rs.10,000/- in linked accounts (eligible for the latest 2 NR Accounts opened)
- No minimum balance required for the maintenance of the NRI Term Deposit of Rs.2,00,000/- and above
- Free International Debit card and internet banking services
- Airport lounge access with International debit card
- Priority banking facility available for you and your family
- Special rates for inward remittances
- Features of SBI PULSE
- Flexibility to maintain a minimum balance of Rs.10,000/- in linked accounts (eligible for the latest 2 NR Accounts opened)
- NR Term Deposit above Rs.2 Lakh or • RD with minimum monthly instalment above Rs.20,000/-
- Get 1000 SIB REWARD points on opening the NRE/ NRO account together
- Preference for 25% waiver on processing fees for Home Loans and Vehicle Loans.
- Priority banking facility available for you and your family
- UPI payment facility available
- Airport lounge access with International debit card.
