South Indian Bank Expands its Product Portfolio with Flexible Savings Accounts for NRIs

South Indian Bank announced the launch of flexible saving products for NRI customers today. NRIs can now enjoy the flexibility to either maintain deposits or the prescribed savings account minimum balance with these products.

South Indian Bank has been on the journey of simplifying banking needs and providing best in class customer experience. The rollout of SIB SEAFARER and SIB PULSE for mariners and healthcare professionals are just the instances for the same.

Speaking on the launch, Mr. Murali Ramakrishnan, Managing Director & Chief Executive Officer (CEO), South Indian Bank, said, “It has been our constant endeavour to provide our customers with banking products that fulfil their needs. Accordingly, our flexible savings products will offer targeted NRI segments with convenient avenues to park their savings. We are confident that SIB SEAFARER & SIB PULSE will lay the foundation for more such products in the banking domain. I’m sure these products will create a new & universal template for the way NRI depositors transact with banks.”

Salient Features of SIB Seafarer and SIB Pulse are: