South Indian Bank Prime Platinum

Experience a world of exclusive, hand-picked privileges with SIB Prime Platinum. SIB Priority Banking delivers the most sought-after benefits, ensuring your banking journey with us is nothing short of exceptional. From complimentary airport lounge access to accelerated rewards points, SIB Prime Platinum guarantees best-in-class advantages tailored just for you.

Features of SIB Prime Platinum Account

SIB Prime Platinum Features & Benefits

Locker

50% waiver on annual locker rent for one locker to Primary Customer of the group or Individual.

Loans at Discounted Rates

Avail 0.15% Discount on applicable rate offered to general customers (REPO Linked Lending Rate).
Enjoy 50% waiver on Processing Fee for selected Retail Loans.

Forex

Better rates on Exchange Value**
Zero charges for Foreign Inward Remittance Certificate (FIRC)
100% waiver on issuance fee for SIB Multi Currency Travel Card

Insurance Cover

SIB Suraksha Kavach Insurance# offering coverage up to Rs. 10,00,000/-, extended to all members for SIB Prime Platinum Customers
Get Rs. 199/- cashback per member credited to the account (Premium per person including GST: Rs. 275/-)

Debit Cards

Complimentary Lounge Access with RuPay Platinum Debit Card – 1 visit per year at participating Domestic Airport Lounges in India and 1 visit per year at participating International Airport Lounges outside India.
Avail 3X Reward Points on all purchase transactions.
Unlimited free usage at SIB and other-bank ATMs.
No Issuance charges and AMC.

Service Charge Waivers

Free and unlimited cheque books
Waiver on DD/PO charges
Waiver on RTGS/NEFT and inter-branch fund transfer charges
Waiver on stop payment charges
Waiver on SMS alert charges
Waiver on cheque collection charges
Waiver on duplicate statement charges
Waiver on minimum balance charges for grouped family accounts
Waiver on folio charges in Savings Accounts

**T&C apply

#New India Assurance’s Accident Insurance (SIB Suraksha Kavach) with a maximum cover of Rs. 10,00,000/-, including personal accidental death, hospitalization expenses.

## Waiver of charges as per the offer of partners from time to time.

The above benefits are available only for SB account holders, other than MasterCard Platinum Business debit Card.

Priority Banking

SIB Prime Platinum Eligibility

A minimum Average Quarterly Balance (AQB) of Rs. 5 lakhs in Savings Account (Individual or *Group value).
AQB is measured as combined balance across account/s linked to your Customer ID or over the account/s of family members linked to your “Group”.*
A minimum net monthly salary credit of Rs. 2 lakh in salary account is required.

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Eligibility

Join our Priority Banking Program

Experience our exclusive priority banking with exclusive privileges

SIB Prime Platinum

A minimum Average Quarterly Balance (AQB) of Rs. 5 lakhs in Savings Account (Individual or *Group value).
AQB is measured as combined balance across account/s linked to your Customer ID or over the account/s of family members linked to your “Group”.*
A minimum net monthly salary credit of Rs. 2 lakh in salary account is required.

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SIB Prime

A minimum Average Quarterly Balance (AQB) of Rs. 2 Lakhs in Savings Account (Individual or *Group value).
AQB is measured as combined balance across account/s linked to your Customer ID or over the account/s of family members linked to your “Group”.*
A minimum net monthly salary credit of Rs. 1 lakh in salary account is required.

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In order to extend the features and benefits under the program to family members and to compute eligibility based on Family Account Value, customers need to submit the duly filled Customer Enrolment/ Family Grouping Form to his/ her respective Branch or RM.

*Total Relationship Value (TRV): Average Quarterly Balance of Savings/Current Account along with 10% of Fixed Deposit. TRV is measured as combined balance across account/s linked to Customer ID or over the account/s of family members linked to the “Group”. SIB Prime My Family – up to 8 members can be grouped in a group.