South Indian Bank offers many banking services to customers, making banking easier and smoother for them. The bank also offers SIB net banking to the customers where they can leverage various banking services on their mobiles or laptops.
Customers of South Indian banks can manage their bank accounts online 24/7. All South Indian bank account holders can register for the South Indian bank net banking service. Let’s learn more details about it.
Features of South Indian Bank Net Banking
South Indian Bank net banking is a very beneficial service offered by the bank due to the highly utilitarian features as mentioned below:
- Customers can use the net banking service 24/7 with an active internet connection and smartphone or laptop.
- It allows customers to check account details, get bank statements online, and view transaction details.
- You can do online shopping, pay utility bills, and get the recharges done through sib net banking.
- Customers can transfer money online within the bank or to other banks.
- You can invest in mutual funds, purchase policies, and open RD and FD accounts.
- Perform online transactions via IMPS, RTGS, and NEFT services.
How to Activate South Indian Bank Net Banking?
If you are a South Indian bank customer, you can easily do the SIB net banking registration by following the steps below:
- Go to the official website of South Indian Bank net banking at https://sibernet.southindianbank.com/corp/AuthenticationController?FORMSGROUP_ID__=AuthenticationFG&__START_TRAN_FLAG__=Y&FG_BUTTONS__=LOAD&ACTION.LOAD=Y&AuthenticationFG.LOGIN_FLAG=1&BANK_ID=059
- Press the “online banking” option.
- Click “New user registration”.
- You will be redirected to a new page where you need to enter your account number, registered mobile number, Email ID, and captcha code.
- The bank will send an OTP to your mobile number. Enter this OTP in the provided space.
- On the new page, create a new login ID and transaction password.
- Enter the password again to verify and press “Confirm”.
- You will see a pop-up on the screen “Registration Successful”.
South Indian Bank Net Banking Login Process
The process for SIB net banking login is very easy by following the steps below:
- Visit the online banking portal of South Indian Bank at https://www.southindianbank.com/login/
- Press the “Continue to Login” icon on the login page.
- Input the user ID and Password and decode the captcha.
- Press the “Login” button to open the dashboard.
How to Reset SIB Net Banking Login Password?
In case you forget your password for the South Indian Bank login, you can easily reset it using the steps below:
- Visit the South Indian Bank login page at https://www.southindianbank.com/login/
- Press the “Forgot password” icon and you will be redirected to a new page.
- Here, click “Continue” and enter the user ID and 16-digit account number.
- Press “Continue” to proceed with the procedure. You will get an OTP on your mobile number, enter it in the space provided.
- You will see a new page on the screen where you can create a new password. Confirm the new password for verification. Your sib net banking login password is generated.
South Indian Bank Corporate Net Banking
Corporate customers of SIB can use the net banking portal using their IDs and passwords. You can use the user ID as the login ID. The bank allows corporate users to register for multiple net banking to manage their accounts.
Transaction Limit on SIB Corporate Banking
South Indian bank internet banking for corporate users has some transaction limits for corporate users as mentioned below. However, corporate users can increase their transaction limit by requesting to the branch.
| Type of Transaction | Per day limit |
| Self-account | Rs. 25,00,000 |
| Third-party account | Rs. 15,00,000 |
| External fund transfer | Rs. 15,00,000 |
| IMPS | Rs. 2,00,000 |
South Indian Bank Mobile Banking?
South India Bank mobile banking is the online banking facility offered by the bank. Customers can use it using the mobile application. You can easily download the app using the Play Store or App Store and leverage the banking services on your mobile. If you wish to use this service, you need to register for it and activate the services using the mobile number.
Process to Activate SIB m-banking
You can easily activate the m-banking using any of the following processes:
1. Using ATM
You can visit the nearby South Indian bank ATM and swipe your card. Choose the option for “Value Added Services” from the menu and then press “Mobile Banking Registration”.
2. Visiting branch
You can go to your SIB branch and fill out the application form for mobile banking registration. Submit the form to the bank executive.
3. Through Mobile Application
Download the mobile application for SIB on your mobile phone and finish the activation process. You can log in using your registered mobile number and email ID
4. Through net banking
Use the Internet banking portal or SIB. Visit the service section and enable the option for mobile banking.
2FA (Second Factor Authentication) for SIB Net Banking Security
To provide additional security to the customer’s account, the bank offers a 2FA facility for South Indian bank net banking:
- It allows customers to carry out the safest transactions.
- The 2FA security process asks the users to enter OTP.
- This process is used worldwide to provide maximum security to net banking transactions.
- OTS is important to carry out transactions such as third-party money transfers, NEFT, and RTGS of more than Rs. 2,000- or Third-party transactions above Rs. 10,000 or External fund transfers above Rs. 5,000 per day.
- You need to enter OTP while paying bills and e-commerce transactions.
Benefits of South Indian Bank Internet Banking
There are various benefits for the customers using the South Indian bank net banking:
- The online bill payment facility helps customers to pay their bills on time with utmost safety.
- You also get the GST facility
- The customers can transfer funds 24/7 even on bank holidays.
- SIB bank offers a direct link to IRCTC through net banking where you can book railway tickets easily.
- Customers also get a direct link to KSEB (Kerala State Electricity Board) to pay their electricity bills on time using net banking. the bank doesn’t charge any additional fees for bill payments.
| Read more: CUB Net Banking: Steps to Login and Registration
Conclusion
South Indian Bank is one of the most prestigious banks in India offering exceptional services in south India. The bank offers various facilities to ease the banking for its customers. The net banking service by the bank has proved to be highly beneficial for customers. They can leverage many banking services without visiting the branch. This has not only reduced the stress on customers but also made the work easier for the bank employees.
SIB Net Banking – FAQs
Does the South Indian bank charge any fees for net banking services?
Ans. The South Indian net banking services are free to use for every customer. There are no fees for using the net banking.
Can I register for South Indian net banking with a mobile number not registered with the bank?
Ans. No, you cannot use a mobile number that is not registered with the bank for SIB net banking registration.
Is a SIB debit card required for net banking registration?
Ans. You must keep the SIB debit card handy. You might need to use it in the registration process for verification.
Can I transfer funds to another bank account using the SIB net banking?
Ans. Yes, South India Bank net banking allows you to transfer funds to another bank account easily by logging into the net banking portal.
Can I do online shopping using SIB net banking?
Ans. Yes, you can easily pay the bills for online shopping using net banking. The payment will be done securely.
