What type of bank accounts can be used to book an FD with South Indian Bank?
At the moment, South Indian Bank accepts deposits from resident Indians using their individual savings bank account or a joint savings bank account where the individual booking the FD is the primary holder.
Other accounts, such as current accounts, HUF accounts, corporate accounts, NRO, NRE, and FCNR accounts, cannot be used to book an FD at this time.
Additionally, a customer cannot book an FD using someone else’s bank account.