South Indian Bank Net Banking – Login & Registration

With clientele across the world and branches all over India, South Indian Bank is one of the most proactive banks that is offering a host of financial services today. South Indian Bank net banking is one of their most crucial facilities through which you can avail banking services from the comfort of your home. 

To learn more about this convenient and safe South Indian Banking facility, keep reading this blog.  

South Indian Bank Net Banking Services

South Indian Bank net banking also known as ‘SIBerNet’ offers you some of the following services to enhance your banking journey: 

South Indian Bank Net Banking Registration Process

Go through the following steps to register to ‘SIBerNet’ or South Indian Bank Net Banking: 

• Step 1: Visit the official website of South Indian Bank and navigate to ‘Online Banking’. 
• Step 2: Click on ‘New User Registration’ and enter your 16-digit account number and the mobile number registered with that account and press ‘Submit’. 
• Step 3: You will receive an OTP on the registered mobile number. Enter the OTP and press ‘Submit’. 
• Step 4: Enter the card details of the account and click on ‘Submit’. 
• Step 5: Enter your preferred user ID, login password and transaction password. 

With that, you have completed the activation and the registration process. Now you can proceed to log in. 

South Indian Bank Net Banking Login Process

Follow the steps below to log in to your ‘SIBerNet’ account: 

• Step 1: Visit the official website and click on the ‘Login (Existing Users)’ option under the ‘Online Banking’ tab. 
• Step 2: Click on the ‘Continue to Login’ option and enter your user ID and password. 
• Step 3: If it is your first login you have to change your login password and transaction password. 

Now you can see the home screen and you can access various options of South Indian Bank internet banking. 

How to Reset South Indian Bank Net Banking Password?

If you have forgotten your ‘SIBerNet’ login password, you can easily reset it online. Follow these steps if you need a password reset: 

• Step 1: Visit the SIBerNet login page and click ‘Forgot Password’. 
• Step 2: If you have an SIB Debit Card, press ‘Continue’. 
• Step 3: Enter your user ID and account number. 
• Step 4: Enter card details. 
• Step 5: You will receive an OTP, enter it to authenticate. 
• Step 6: Enter the new password you want for the internet banking account. 

For personal users there is no service charge for a password reset, however, for corporate SIBerNet customers and retail customers with no debit card, there is a deduction of ₹100 plus tax. 

How to Check South Indian Bank Account Balance Online?

There are various options available for checking account balance without visiting the bank including Net Banking, Mobile Banking or Whatsapp Banking. Here’s how you can check your South Indian Bank account balance online: 

1. Net banking 

• Step 1: Visit the SIBerNet Login page. 
• Step 2: Enter your user ID, password and captcha to log in. 
• Step 3: Go to the ‘View Account Details’ option and click on ‘Check Account Balance’ to see the available balance. 

2. Mobile Banking 

• Step 1: Download the SIB Mirror App (the mobile banking app of South Indian Bank). 
• Step 2: Log in using your MPIN or your registered mobile number. 
• Step 3: Go to the ‘My Accounts’ option and click on ‘View Account Balance’ to see the currently available balance. 

3. Whatsapp Banking 

• Step 1: Send a ‘Hi’ to 9895900555 on WhatsApp from your registered mobile number.
• Step 2: Follow further instructions provided by the bank and you will receive details regarding the account balance. 

How to Transfer Money via South Indian Bank Net Banking?

The procedure of a fund transfer depends on the type of transaction. Here are several types of fund transfers you can do with South Indian Bank net banking and the steps required to do so: 

1. Self Fund Transfer 

Follow these steps below for transactions between your own SIB accounts: 

• Step 1: Visit the official net banking website of South Indian Bank. 
• Step 2: Navigate to ‘Fund Transfers’ and click on ‘Self Fund Transfer’.  
• Step 3: Select ‘My Debit Account’ or ‘My Credit Account’. 
• Step 4: Enter the amount, transaction date, frequency type and remarks. 
• Step 5: Click ‘Continue’.

You will land on the Preview Confirmation Page. 

If you are a retail customer you can complete the self-fund transfer by submitting the transaction and if you are a corporate customer you have to authenticate it by providing a transaction password and OTP. 

2. Third Party Fund Transfer 

To transfer funds to other SIB accounts, follow these steps: 

• Step 1: Visit the official net banking website of South Indian Bank.
• Step 2: Navigate to ‘Fund Transfers’ and click on ‘Third Party Fund Transfer’.
• Step 3: Choose between instant Payee/Beneficiary and registered SIB Payee/Beneficiary. 

i. For Instant Payee/Beneficiary: 

• Step 1: Select your Debit Card.
• Step 2: Enter the account number of the instant Payee/Beneficiary. 
• Step 3: Confirm account number, frequency type (‘recurring’ is not available for instant Payee/Beneficiary), transaction amount, date and remarks. 

By choosing a transaction date, you ensure that the fund will reach the beneficiary on that specific date. 

ii. For Registered SIB Payee/Beneficiary: 

• Step 1: Under the ‘Fund Transfers’ section you will find ‘Add or View Payee/Beneficiary’. Register the SIB payee in that section.  
• Step 2: Select Registered Payee/Beneficiary, your Debit account, transaction amount, date, frequency type (‘one time’ or ‘recurring’) and remarks. 

With recurring frequency type, you can specify the time interval and number of intervals of a transaction. 

3. External Fund Transfer 

To transfer funds to other banks, follow these steps: 

• Step 1: Visit the South Indian Bank net banking website. 
• Step 2: Navigate to ‘Fund Transfers’ and click on ‘External Fund Transfer’.
• Step 3: Before making NEFT or RTGS payments, you have to register as a Payee/Beneficiary. 
• Step 4: Select your Debit account and registered payee. It will take 4 hours of cooling period before a payee will appear on the list. 
• Step 5: Select NEFT or RTGS (If your transaction amount is over ₹2 lakhs then you can only select RTGS). 
• Step 6: Select the transaction amount, frequency type and transaction date to complete the fund transfer. 

i. 24×7 Fund Transfer

Follow these steps to use Immediate Payment Service (IMPS) for transferring funds electronically across banks anytime you require: 

• Step 1: Visit the South Indian Bank net banking website.
• Step 2: Navigate to ‘Fund Transfers’ and then select ‘IMPS Using IFSC code (24 x 7)’. 
• Step 3: Enter the Debit Account number and select registered Payee/Beneficiary. 
• Step 4: Select the transaction amount, provide remarks, and beneficiary reference and click ‘Continue’. 
• Step 5: Complete the fund transfer by entering OTP (whenever required) and transaction password. 

ii. Fund Transfer to VAN 

VAN or Virtual Account Number is a reference number that can represent a beneficiary account number. Only for NEFT transactions from other banks to South Indian Bank virtual accounts, the VAN system is available. Here are the steps you can follow to do VAN transfer: 

• Step 1: Log in to ‘SIBerNet’ and navigate to ‘Fund Transfer’. 
• Step 2: Click on ‘SIB Virtual A/c Fund Transfer’. 
• Step 3: In the VAN transfer page, enter the transaction amount, and credit account number (VAN), choose the debit account number, provide remarks and click on ‘Continue’. 
• Step 4: When you enter the VAN you will see the beneficiary virtual account name appear on the screen for verification. Click ‘Continue’ if the details are correct. 
• Step 5: To complete the fund transfer, enter the transaction password and OTP. 

You do not need to register a beneficiary to the system for VAN transactions through South Indian Bank online banking. 

South Indian Bank Net Banking – Daily Limits and Charges

The following tables show the daily limit and charges of fund transfers via South Indian internet banking. 

One can increase this daily limit by contacting the nearest South Indian Bank branch. 

How to Pay Credit Card Bills via South Indian Bank Netbanking? 

You can pay your Credit Card bill through various payment methods. Here are the methods and steps you need to follow to make the payment: 

Internet Banking 

• Step 1: Visit the SIBerNet Login page. 
• Step 2: Enter your user ID, password and captcha to log in. 
• Step 3: Enter your credit card details. 
• Step 4: Enter the payment amount and click on ‘Submit’. 

Auto Debit 

• Step 1: Log in to your SIBerNet account and choose the minimum amount due. 
• Step 2: Set the due state for credit card payment. 

Every month on that date your amount will get debited. 

Immediate Payment Service (IMPS) 

• Step 1: Log in to SIB Mirror and click on the ‘Credit Card’ option. 
• Step 2: Enter your IFSC code and credit card number to register. 
• Step 3: Enter the bill amount and choose the payment option to complete the process. 

National Electronic Fund Transfer (NEFT)

• Step 1: Navigate to ‘Fund Transfer’ after logging in to your net banking account. 
• Step 2: Choose ‘Add Beneficiary’ and enter details including the account holder’s name, credit card number, bank name, branch address and IFSC code. 
• Step 3: Select ‘Credit Card’ after adding the beneficiary and enter the bill amount. 
• Step 4: Click on ‘Transfer’ to complete the transaction. 

South Indian Bank Net Banking Features

Here are some of the prominent features of South Indian Bank net banking that make your online banking experience complete: 

1. View mini statement 
2. Packing Credit/Foreign Bill account statements
3. Interest Details of Deposit Accounts 
4. Foreign Outward Remittance in 100+ currencies 
5. Fund transfer to SIB Virtual Accounts 
6. Multiple fund transfers in a single stretch (up to 10 records)
7. IMPS fund transfers up to ₹5 lakhs
8. Instant opening and closing of Deposit (FD/RD) before maturity date
9. Instant loan account creation for loan against deposits and instant loan amount credit
10. Application and activation of debit cards
11. Set/Reset debit card PIN 
12. In case of theft or fraud block the debit card instantly 
13. Invest in mutual funds 
14. Easily redeem/switch existing funds 
15. Avail IPO of stocks online 
16. Open CDSL/NSDL Demat account
17. Open Atal Pension Yojana (APY) instantly
18. Submit 15G/15H declaration 
19. Book train tickets from IRCTC 
20. Avail pre-approved personal loans 
21. Avail pre-approved car loan 
22. Avail Overdraft facility against your Group Salary Savings Account 

South Indian Bank Net Banking Customer Care

If you encounter any issues with your net banking services or issues with South Indian Bank’s financial services in general, you can connect with their customer care services.

Head Office Address

If you need further assistance you reach out to the head office of South Indian Bank. Here’s the address: 

Head Office, SIB House, Mission Quarters

Thrissur – 680 001 

EPABX: 91-487-2420020 

Extension: 412 

Email ID: [email protected]

Final Word

South Indian Bank has been a service-oriented, trend-setting and fast-growing financial intermediary. South Indian Bank net banking or SIBerNet services and facilities only further solidify its position as a reliable bank with a vibrant future ahead. 

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Disclaimer

This article is solely for educational purposes. Stable Money doesn't take any responsibility for the information or claims made in the blog.