South Indian Bank Limited (SIB) is a major private sector bank in Kerala . South Indian Bank was registered as a private Limited Company under the companies Act of 1913 and commenced business on 29-01-1929 at Round South, Thrissur.

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About South Indian Bank

One of the earliest banks in South India, "South Indian Bank" came into being during the Swadeshi movement. The establishment of the bank was the fulfillment of the dreams of a group of enterprising men who joined together at Thrissur, a major town (now known as the Cultural Capital of Kerala), in the erstwhile State of Cochin to provide for the people a safe, efficient and service oriented repository of savings of the community on one hand and to free the business community from the clutches of greedy money lenders on the other by providing need based credit at reasonable rates of interest.

SIB has its headquartered at Thrissur in Kerala, India.South Indian Bank has 852 branches, 4 service branches,56 ext.counters and 20 Regional Offices spread across more than 27 states and 3 union territories in India. It has set up 1334[2] ATMs and 42 Bulk Note Acceptor/Cash Deposit Machines all over India.

Vision of the Bank

To be the most preferred bank in the areas of customer service, stakeholder value and corporate governance.

Mission of the Bank

To provide a secure, agile, dynamic and conducive banking environment to customers with commitment to values and unshaken confidence, deploying the best technology, standards, processes and procedures where customer convenience is of significant importance and to increase the stakeholders’ value.

SBI Branches

Bank is having branches in India in the following States/UTs :

  • Andaman And Nicobar Island
  • Andhra Pradesh
  • Arunachal Pradesh
  • Assam
  • Bihar
  • Chandigarh
  • Chhattisgarh
  • Dadra And Nagar Haveli
  • Daman And Diu
  • Delhi
  • Kerala
  • Madhya Pradesh
  • Maharashtra
  • Manipur
  • Meghalaya
  • Mizoram
  • Nagaland
  • Odisha
  • Puducherry
  • Punjab
  • Rajasthan
  • Sikkim
  • Tamil Nadu
  • Telangana
  • Goa
  • Gujarat
  • Haryana
  • Himachal Pradesh
  • Jammu And Kashmir
  • Jharkhand
  • Karnataka
  • Uttar Pradesh
  • Uttarakhand
  • West Bengal
  • Tripura


Services provided by SIB Bank are as follows :


SIB offer Term loans, Working Capital loans, Overdrafts, Personal loans, Vehicle loans, Home loans, Gold loans, Educational loans etc to meet the credit requirements of our customers. Terms, conditions, rate of interest are subject to changes.


SIB customer can send funds to and receive funds from accounts with any other bank in India, who are the members of this payment system, facilitated by RBI. Through this, customers of 2 different banks in India can send/receive funds electronically on a real time basis.


SIB offer Depository services for the benefit of our customers. Through this facility, our customers can hold their securities in electronic form with Central Depository Services (India) Ltd (CDSL).Thus the customers of the bank can now open Demat accounts with us through any of the branches. A Demat Account is an account which holds the Beneficial Owner’s (BO’s) securities in electronic form. There are many advantages in opening a Demat account and keeping the securities in dematerialized form. We also offer Rajiv Gandhi Equity Savings Scheme (RGESS) Basic Service Demat Accounts (BSDA) for the benefit of retail investors


Customers can subscribe to this type of deposit, which promotes regular savings habit. Deposits can be opened with suitable fixed monthly installment, for a period ranging from 12 months to 120 months. Customers can register their standing instruction with the branch to ensure the timel deposit of the installment, by debit to their operative account. NRI’s can also invest in scheme NRE-RD


The initiatives taken by SIB are :

Corporate Social Responsibility (CSR)

CSR is a continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large.This policy will serve as a guiding document to help identify, execute and monitor CSR projects in keeping with the spirit of the policy. The CSR policy would function as a self-regulating mechanism for the Bank’s CSR activities and enable adherence to laws, ethical standards, and international practices in this regard.

The Bank’s CSR mission is to contribute to the social and economic development of the community. Through a series of interventions, the bank seeks to mainstream economically, physically and socially challenged groups and to draw them into the cycle of growth, development and empowerment. At the core of this, its commitment to reach out to marginalized communities through its Sustainable Livelihood Initiatives. The Bank’s strategy is to integrate its activities in community development, social responsibility and environmental responsibility and encourage each business unit or function to include these considerations into its operations whether directly or in participation or in association with or jointly with NGOs of repute, Trusts, Partnership, Corporate or any other such organization as the Bank deems fit.

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