South Indian Bank has launched a premium savings account exclusively for HER, SIB HER Savings account. This product is to empower financially independent women with banking, lifestyle and insurance benefits.
Top Features of SIB Premium HER Savings Account
The SIB HER savings account goes beyond of traditional banking by providing a powerful combination of higher interest rate, premium lifestyle privileges, comprehensive insurance coverage and seamless banking. Here are the details below.
- Higher Earnings: Auto Sweep on balances above ₹1 lakh helps you earn more interest automatically.
- Strong Protection: Enjoy ₹1 crore air accidental insurance and ₹1 lakh personal accident cover at no extra cost.
- Milestone Rewards: Get special HER rewards as you save, spend, and grow financially.
- Health Security: Access Cancer Care Insurance up to ₹25 lakhs at discounted rates.
- Unlimited ATM Withdrawals: No limits on ATM usage across any bank.
- Exclusive Debit Card Offers: Special discounts on shopping, lifestyle, jewellery, gifting, health, and wellness.
- Family Benefits: Free add-on accounts for spouse or children.
- Term Insurance Advantage: Discounted premiums on life insurance covers of ₹2 crore and above.
- Free Banking Services: Zero charges on NEFT, RTGS, IMPS, DDs, cheque books, and more.
Eligibility
- The SIB HER Account is exclusively available for women customers aged between 18 and 54 years.
- Both the Domestic and NRI category customers can apply.
Minimum Balance Requirement
The account holder requires to maintain a minimum balance of ₹50,000, which can be waived if customer maintain an FD of ₹1,00,000, can be opened after the opening of the account. This requirement can be waived also by spending ₹50,000 via debit card in previous month.
Why Women Should Consider the SIB HER Account
In a growing digital-first banking environment, women are increasingly looking for reliable, value-packed, and secure financial products. The SIB HER Account stands out because:
- It promotes financial independence
- It brings together premium banking + lifestyle benefits
- It supports long-term financial well-being through FD and loan concessions
- It provides safety through insurance coverage
- It offers flexibility in balance maintenance
For any woman who wants a smarter way to manage her financial life, the SIB HER Account is a strong choice.
Final Thoughts
With the launch of the SIB HER Account, South Indian Bank has taken a significant step toward creating women-centric financial solutions. Packed with premium benefits, flexible balance requirements, and comprehensive security features, the account is ideal for women seeking a modern, empowered, and secure banking experience.
If you are a woman aged 18–54, or if you want to help a family member choose the right premium savings account, the SIB HER Account is definitely worth exploring.
