South Indian Bank debuts 2 flexible savings accounts for NRIs

For NRI customers, South Indian Bank has introduced SIB SEAFARER and SIB PULSE, two flexible saving accounts. With these products, NRIs now have the option to keep either deposits or the required minimum amount in their savings accounts. Healthcare personnel and mariners both now have access to flexible savings accounts, which proves that South Indian Bank has been working to streamline banking requirements and offer top-notch customer service.

Speaking on the launch, Mr. Murali Ramakrishnan, Managing Director & Chief Executive Officer (CEO), South Indian Bank, said, “It has been our constant endeavour to provide our customers with banking products that fulfil their needs. Accordingly, our flexible savings products will offer targeted NRI segments with convenient avenues to park their savings. We are confident that SIB SEAFARER & SIB PULSE will lay the foundation for more such products in the banking domain. I’m sure these products will create a new & universal template for the way NRI depositors transact with banks.”

SIB Seafarer and SIB Pulse Savings Accounts

Leading private sector bank South Indian Bank is located in Kerala and has a presence across the country. There are 932 branches, 1154 ATMs, 121 CDMs/CRMs, and a representative office for South Indian Bank in Dubai, United Arab Emirates. A leader in technology-based banking, South Indian Bank provides a wide range of digital products and services. South Indian Bank says it has Vision 2024 focuses on the 6 Cs -- capital, CASA, cost-to-income, competency building, customer focus, and compliance.