Rates verified from official source

South Indian Bank Savings Account interest rates · October 2026

South Indian's best Savings Account rate is 2.25% (Below ₹1 crore), 2.75 points below the best on the market (5.00%).

  • Seniors: up to 6.00% (₹25 crore & above).
Deposit amount

Showing 1 of 4 rates.

TenureGeneralSeniorApplies toEffective OnSource
Any tenure
Below ₹1 crore
 2.25% 2.25% Below ₹1 crore
21 Apr 2026
official
fetched 18 Oct 2026
✓ verified 19 Oct 2026

Higher Savings Account rates than South Indian

18 nationwide banks pay more. Top picks:

Private Highest Bandhan 4.85% +2.60% vs South Indian Payments Bank Fino 4.50% +2.25% vs South Indian Small Finance Jana 4.50% +2.25% vs South Indian

See every higher rate →

South Indian Savings rate changes

Changes to South Indian's savings account 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.

No change to South Indian's savings account rates has been recorded since tracking started on 22 Sept 2026.

South Indian Savings: frequently asked questions

What is the highest South Indian Savings interest rate?

As of 19 Oct 2026, South Indian Bank offers up to 6.00% p.a. on its savings account (₹25 crore & above) for general customers. Rates below are as published by the bank — confirm with South Indian before investing.

See today's top interest rates →

When did South Indian last change its Savings rates?

RateScan.in has recorded no change to South Indian Bank's savings account rates since it started tracking them on 22 Sept 2026.

Rate movements →

Does South Indian pay different savings account rates by deposit size?

Yes. South Indian Bank's table lists separate bands: Below ₹1 crore; ₹1 crore to below ₹5 crore; ₹5 crore to below ₹25 crore; ₹25 crore & above. Each row shows the band it applies to.

Is my savings account with South Indian insured?

Deposits with South Indian Bank are insured by DICGC up to ₹5,00,000 per depositor per bank (principal + interest combined).

How current are these South Indian rates?

RateScan.in refreshed this dataset on 19 Oct 2026; the bank's rates shown here are effective 21 Apr 2026. Rates can change without notice, so verify on the official South Indian website before investing.

Rate movements →

More South Indian rates

South Indian overviewSouth Indian Fixed Deposit ratesSouth Indian NRE FD ratesSouth Indian FCNR(B) rates

Savings rates at other banks

ESAF Savings ratesIOB Savings ratesJana Savings ratesSurat Peoples Bank Savings ratesBandhan Savings ratesTNGB Savings ratesAPCOB Savings ratesJSKB Betul Savings ratesP&S Savings ratesFino Savings ratesBest Savings rates across all banks

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 19 Jun 2026 · Ingested 18 Oct 2026 · Verified 19 Oct 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.