South Indian Bank Loans

South Indian Bank loans are innovative and flexible loan products offered by South Indian Bank, one of the best banks in the nation. Loan schemes from South Indian Bank are ideally designed for customers with flexible repayment terms and affordable interest rates.

About South Indian Bank Loans

South Indian Bank loans are offered with one of the most competitive rates and terms in India. These loans can be categorized into the following types:

South Indian Bank loans – Personal banking

Personal loans offered by South Indian Bank have been designed to meet every personal need of the borrowers. The personal banking division of South Indian Bank offers the following loan schemes:

Agriculture Loans

These loans are offered for different agricultural financing needs. Agricultural loans offered by South Indian Bank are also known as Agriflex loans and you can use these loans for agriculture and associated operations.

Educational Loans

These loans are ideal financing options for pursuing higher education in India and abroad. Educational loans offered by South Indian Bank can be categorized into the following:

• SIB-Excellence – Loan for students who are looking for entry to leading academic institutions like IIMs and IITs
• Vitjnan Pradhan Scheme – Loan for students who are looking for entry to professional academic programs
• Vidyanidhi Scheme – Only for students who are looking for entrance in professional educational institutions in Kerala

Gold Loans

These are simple loan products that you can get by pledging your gold ornaments or jewellery. Gold loans offered by South Indian Bank can be divided into the following categories:

• Gold Rush - Gold Loans with affordable rates of interest
• Gold Power - Overdraft against pledging gold ornaments

Vehicle loans

These loans from South Indian Bank can be used for purchasing personal, commercial or agricultural vehicles. Vehicle loans offered by South Indian Bank can be categorized into the following:

• Mobiloan Commercial - For Taxi/Commercial Registration Vehicle
• Mobiloan Personal - For Private Registration Vehicles
• Mobiloan Agricultural - Vehicles for Agricultural Purposes

Flexi loans

These loans are exclusive loan programs for individuals with high net worth.

Personal Loans

These loans are basic general purpose loans that you can use for various personal needs.

Home Loans

Resident Indians, non resident Indians and Senior citizens can qualify for home loans offered by South Indian Bank. Different types of home loan schemes offered by South Indian Bank are as follows:

• SIB Shelter
• Home loans for Resident Indians
• Home loans for Senior Citizens
• Home loans for non resident Indians

In addition, South Indian Bank also offers SIB-Shield, which is an insurance plan to cover your home at an affordable premium rate.

Other loans

Other loans offered by South Indian Bank under the personal banking category are the following:

• Rental Loan Scheme – It is an easy loan scheme against rent receivables
• SIB fortune - Loan for subscription to Initial Public Offerings/Public Issue of a Company

South Indian Bank loans – NRI Banking

The NRI banking division of South Indian Bank offers the following loan programs:

• NRI Home Loans
• NRI Personal Loans
• SIB Flexi Loan
• Pravasi Swagat

South Indian Bank loans – Business banking

The business banking division of South Indian Bank offers the following credit schemes:

1) Domestic finance

• Long Term Finance
• Working Capital finance
• Non Fund Based finance

2) International finance

• Export finance
• Import finance