Which Bank has introduced (18 Apr 2023) two flexible saving accounts, for NRI customers?

A)
IDBI Bank
B)
South Indian Bank
C)
Indian Overseas Bank
D)
Federal Bank

Correct Answer : Option (B) - South Indian Bank



South Indian Bank has introduced SIB SEAFARER and SIB PULSE, two flexible saving accounts, for NRI customers.

SIB SEAFARER :

* Flexibility to maintain a minimum balance of Rs.10,000/- in linked accounts

* No minimum balance is required for the maintenance of the NRI Term Deposit of Rs.2 lakh and above

SIB PULSE :

* Flexibility to maintain a minimum balance of Rs.10,000/- in linked accounts

* NR Term Deposit above Rs.2 Lakh or RD with minimum monthly installment above Rs.20,000/-.

Source : Mint

Published On : April 20, 2023
Category : Banking