SIB HER Account: South Indian Bank’s Savings Plan for Women
Why in the news
A Kerala-based private lender introduced a premium savings product built only for women, including those abroad.
Key facts
- Product: SIB HER Account from South Indian Bank, launched in Kochi, November 2025.
| Feature | Detail |
|---|---|
| Eligible age | 18 to 54 years |
| Customers | Domestic and NRI women |
| Minimum monthly balance | ₹50,000 |
| Waiver option | FD of ₹1 lakh |
| Other waiver option | ₹50,000 debit card spends in the previous month |
Exam angle
- Bank: South Indian Bank; age band 18-54; waiver: FD or card spends.