South Indian Bank 6 Months FD rate: 6.6% (general) & 7.1% (senior citizen). Maturity for ₹5 Lakh: ₹5,16,636.
| Year | Deposit | Interest Earned | Maturity Value |
|---|
South Indian Bank offers 6 Months Fixed Deposit at 6.6% p.a. for general citizens and 7.1% p.a. for senior citizens. Interest is compounded quarterly. Premature withdrawal policy: 1% penalty on applicable rate.
Tenure: 6 Months · Quarterly compounding
| Deposit Amount | Maturity Amount | Interest Earned | Total Return |
|---|---|---|---|
| ₹25K | ₹25,832 | ₹832 | 3.3% |
| ₹50K | ₹51,664 | ₹1,664 | 3.3% |
| ₹1 Lakh | ₹1,03,327 | ₹3,327 | 3.3% |
| ₹2 Lakh | ₹2,06,654 | ₹6,654 | 3.3% |
| ₹5 Lakh | ₹5,16,636 | ₹16,636 | 3.3% |
| ₹10 Lakh | ₹10,33,272 | ₹33,272 | 3.3% |
| ₹25 Lakh | ₹25,83,181 | ₹83,181 | 3.3% |
| ₹50 Lakh | ₹51,66,361 | ₹1,66,361 | 3.3% |
| ₹1 Crore | ₹1,03,32,723 | ₹3,32,723 | 3.3% |
South Indian Bank offers 6 Months Fixed Deposit at 6.6% p.a. for general citizens and 7.1% p.a. for senior citizens in 2026. Rates are subject to change.
A ₹5 Lakh FD in South Indian Bank for 6 Months at 6.6% (quarterly compounding) will mature to approximately ₹5,16,636. The interest earned would be ₹16,636.
Yes, South Indian Bank offers an additional benefit for senior citizens with a rate of 7.1% p.a. for 6 Months FD, which is 0.50% higher than the general rate.
The minimum deposit amount for South Indian Bank Fixed Deposit is ₹1,000. Interest is compounded quarterly.
Yes, premature withdrawal is allowed. South Indian Bank's premature withdrawal policy: 1% penalty on applicable rate. It's recommended to keep the FD till maturity for maximum returns.