Rates verified from official source

South Indian Bank interest rates · November 2026

Top FD rate
6.80%
30 months
Senior citizen FD
7.30%
30 months
Savings rate
6.00%
₹25 crore & above
Top NRE FD rate
6.80%
30 months
Top FCNR(B) rate
5.00%
GBP · 1 year to less than 2 years

South Indian FD rates

1 year6.25%Senior 6.75%3 years6.20%Senior 6.70%5 years5.70%Senior 6.20%
All tenures, calculator and comparison →

What will my FD earn at South Indian?

Estimated value after 1 year · before tax ₹5,31,990 6.25% p.a. · ₹31,990 interest · quarterly compounding
Compare 1 year across banks → Save or plan this →

Overview

South Indian Bank (South Indian) is a private sector bank, headquartered in Thrissur, established in 1929. Its headline 1-year FD rate of 6.25% is 0.23% below the private sector average of 6.48%, ranking #739 of 1033 banks on RateScan.in.

Headquarters
Thrissur
Established
1929
Branches
~950 approx.
Monitored since
22 Sept 2026
Ownership
Private sector bank (publicly listed)
Operates in
Andhra Pradesh, Assam, Bihar, Chhattisgarh + 26 more states

Figures marked “approx.” are rounded public estimates as of 2024.

Financial health
CRAR
19.81%
Capital adequacy
Net NPA
0.82%
Bad loans (net)
Credit rating Infomerics
AA
Rating details ↓

Health indicators sourced from official 2025 disclosures. CRAR ≥ 16% = strong · Net NPA < 1% = healthy · Verify before investing.

Rates as of 9 Nov 2026, verified from official source. Scheduled private sector bank: deposits insured by DICGC up to ₹5,00,000.

RBI record

Every RBI press release since 1 Jan 2024 that names South Indian Bank, newest first, each linked to RBI. Checked every week; last on 11 Nov 2026.

A monetary penalty is a fine for not following an RBI rule. On its own it does not stop the bank taking or repaying deposits; RBI does that through directions, which are listed here when they apply.

  1. RBI fined the bank ₹59.20 lakh

    RBI's reason: “for non-compliance with certain directions issued by RBI on ‘Interest Rate on Deposits’ and ‘Customer Service in Banks’”

    What RBI found

    “The bank: levied penal charges for non-maintenance of minimum balance / average minimum balance without notifying certain customers by SMS / email / letter, etc. marked lien against certain NRE savings deposit accounts.”

    RBI says: “The action is based on deficiencies in statutory and regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.”

    RBI press release 2024-2025/1467

This record covers RBI press releases only. Other actions, such as those of a state's Registrar of Co-operative Societies, are not included.

Branches

965 branches in 153 districts

Most branches: Thrissur 103, Ernakulam 78, Kottayam 53

From RBI's IFSC directory (updated 1 Nov 2026). Counts can include recently merged or closed branches; check the bank's branch locator before visiting.

South Indian Fixed Deposit rate changes

Changes to South Indian's fixed deposit (FD) rates that RateScan.in has recorded since it started tracking them on 22 Sept 2026. Each date is when RateScan.in first recorded the new rate; the bank's own effective date is in the rate table above.

13 Nov 2026
▼ 8 cut▲ 4 raised−0.30 to +0.10 pp
  • 7-14 Days · ₹100 crore to below ₹200 crore · General6.30% → 6.00% 0.30 pp
  • 7-14 Days · ₹200 crore & above · General6.30% → 6.00% 0.30 pp
  • 7-14 Days · ₹25 crore to below ₹50 crore · General6.30% → 6.00% 0.30 pp
Show all 12 changesShow fewer
  • 7-14 Days · ₹50 crore to below ₹100 crore · General6.30% → 6.00% 0.30 pp
  • 7-14 Days · ₹100 crore to below ₹200 crore · Senior6.30% → 6.00% 0.30 pp
  • 7-14 Days · ₹200 crore & above · Senior6.30% → 6.00% 0.30 pp
  • 7-14 Days · ₹25 crore to below ₹50 crore · Senior6.30% → 6.00% 0.30 pp
  • 7-14 Days · ₹50 crore to below ₹100 crore · Senior6.30% → 6.00% 0.30 pp
  • 366 Days to 389 Days · General · ₹3 crore & above (bulk)7.15% → 7.25% 0.10 pp
  • 366 Days to 389 Days · Senior · ₹3 crore & above (bulk)7.15% → 7.25% 0.10 pp
  • 366 Days to 389 Days · General · ₹3 crore & above (bulk)7.00% → 7.05% 0.05 pp
  • 366 Days to 389 Days · Senior · ₹3 crore & above (bulk)7.00% → 7.05% 0.05 pp
Bank's rate page ↗
9 Nov 2026
▲ 4 raised+0.20 to +0.30 pp
  • 372 days · General6.40% → 6.70% 0.30 pp
  • 372 days · Senior6.90% → 7.20% 0.30 pp
  • 30 months · General · Above ₹1 crore to below ₹3 crore7.00% → 7.20% 0.20 pp
Show all 4 changesShow fewer
  • 30 months · Senior · Above ₹1 crore to below ₹3 crore7.50% → 7.70% 0.20 pp
Bank's rate page ↗
6 Nov 2026
▼ 8 cut▲ 2 raised−0.95 to +0.10 pp
  • 61- 90 Days · ₹3 crore to below ₹5 crore · General6.75% → 5.80% 0.95 pp
  • 61- 90 Days · ₹3 crore to below ₹5 crore · Senior6.75% → 5.80% 0.95 pp
  • 15-30Days · ₹3 crore to below ₹5 crore · General6.40% → 5.60% 0.80 pp
Show all 10 changesShow fewer
  • 31-60 Days · ₹3 crore to below ₹5 crore · General6.50% → 5.70% 0.80 pp
  • 7-14 Days · ₹3 crore to below ₹5 crore · General6.30% → 5.50% 0.80 pp
  • 15-30Days · ₹3 crore to below ₹5 crore · Senior6.40% → 5.60% 0.80 pp
  • 31-60 Days · ₹3 crore to below ₹5 crore · Senior6.50% → 5.70% 0.80 pp
  • 7-14 Days · ₹3 crore to below ₹5 crore · Senior6.30% → 5.50% 0.80 pp
  • 91-180 Days · General · ₹3 crore & above (bulk)6.90% → 7.00% 0.10 pp
  • 91-180 Days · Senior · ₹3 crore & above (bulk)6.90% → 7.00% 0.10 pp
Bank's rate page ↗

Showing the latest 26 of 68 recorded changes.

See all South Indian rate changes →

Credit rating

What independent credit rating agencies say about South Indian Bank. Every rating links to the document it comes from, so you can check it yourself.

AA
Headline rating
Fixed deposits · Infomerics · Stable
High safety: very low credit risk
Latest rating action: 26 Mar 2026
AgencyInstrument RatingOutlook PublishedSource
Infomerics Fixed deposits ₹25,000 cr AA Stable Reaffirmed
26 Mar 2026
 Exchange filing
Infomerics Issuer rating AA Stable Reaffirmed
26 Mar 2026
 Exchange filing

Note: Earlier versions of this page showed AA- (CRISIL). The rating we matched to a published filing is Infomerics' AA (Stable) on the issuer and FD programme.

How to read these ratings
  • Scale: AAA is the highest long-term grade (lowest credit risk), then AA (very low risk), A (low risk) and BBB (moderate risk, the lowest investment grade). A + or − moves a grade up or down a notch. Short-term ratings such as A1+ cover obligations of up to a year.
  • Outlook: Stable, Positive or Negative is the agency's view of where the rating is likely to go over the next one to two years. Rating watch means the agency is reviewing the rating after a specific event, such as a change of owner.
  • Instrument: a rating belongs to a specific instrument, not to the whole bank. Tier I (AT1) and Tier II bonds can be written down if the RBI declares a bank non-viable, so they are usually rated no higher than the bank's deposits.
  • Headline grade: we use the rating on fixed deposits where an agency gives one; otherwise the issuer or Tier II rating. We take each agency's latest rating and show the lowest, so the headline is never more generous than any agency's latest view.
  • A rating is an opinion about the ability to repay on time. It is not a guarantee or a recommendation. Whatever the rating, deposits in a bank are insured by DICGC up to ₹5 lakh per depositor per bank (principal and interest together).

Sources: we list a rating only when we can point to the document that states it: the agency's own rating rationale, the bank's Regulation 30 filing on the NSE or BSE, a rating letter, or the bank's own rating page. A weekly automated check re-opens each linked document to confirm it still shows the grade and scans stock-exchange announcements for new rating filings. Last checked: 9 Nov 2026.

Check it yourself: CRISIL · ICRA · CARE · India Ratings · Infomerics

Ratings change. Confirm the current rating with the agency before you invest. This is information, not investment advice.

Good to know

  • Deposits with South Indian Bank are insured by DICGC up to ₹5,00,000 per depositor per bank (principal and interest combined, across all its branches). Anything above that is not insured.
  • South Indian is a private sector bank regulated by the RBI.
  • Senior citizens (60+) earn up to 0.50% p.a. more than general customers at South Indian, depending on the tenure.
  • South Indian's FD table includes 3 special schemes; check eligibility and end dates.
official Effective 9 Nov 2026 · Ingested 18 Oct 2026 · Verified 13 Nov 2026 · View source

Informational only. Always confirm the current rate on the official South Indian website before investing. Bank names and associated colors are used for identification purposes only. All bank names, logos, and trademarks are the property of their respective owners. RateScan.in is not affiliated with, endorsed by, or sponsored by any bank.