Calculate South Indian Bank Fixed Deposit maturity amount. FD rates from 6.25% to 7% p.a.
| Year | Deposit | Interest Earned | Maturity Value |
|---|
South Indian Bank offers Fixed Deposits across multiple tenures. Interest is compounded quarterly.
| Tenure | General Rate | Senior Rate | Maturity (₹1L) |
|---|---|---|---|
| 6 Months | 6.6% | 7.1% | ₹1,03,327 |
| 1 Year | 7% | 7.5% | ₹1,07,186 |
| 2 Years | 6.9% | 7.4% | ₹1,14,663 |
| 3 Years | 6.75% | 7.25% | ₹1,22,239 |
| 5 Years | 6.25% | 6.75% | ₹1,36,354 |
South Indian Bank offers FD rates ranging from 6.25% to 7% p.a. for general citizens. Senior citizens get an additional 0.50% benefit.
The best South Indian Bank FD rate for general citizens is 7% p.a. for 1 Year tenure, and 7.5% for senior citizens.
The minimum deposit amount for South Indian Bank Fixed Deposit is ₹1,000. Interest is compounded quarterly.
South Indian Bank currently does not have any special FD scheme. Check with the bank for the latest offers.
Yes, South Indian Bank FDs are insured by DICGC (Deposit Insurance and Credit Guarantee Corporation) up to \u20B95 Lakh per depositor per bank.