Everyone is saving for something. A SIDD Basic Savings Account will help you with those goals. Earn a competitive rate and enjoy the many benefits of SIDD Account Holder. Every Account/Membership with SIDD starts with a Basic Savings Account to help get you started.
Savings accounts with South India Development Deposits are an excellent way to earn interest while you still maintain easy access to your money with internet banking and our mobile app.
At SIDD, we’re committed to helping our Members save money. That’s why we designed SIDD Basic Savings account to encourage you to save money by paying one of the highest interest rates.
Easily move money between your SIDD online savings account and your other accounts, including accounts outside SIDD.
We’re dedicated to offering our members competitive rates while being totally transparent about fees, payments, and terms. We list our rates online for all our products.
Financial freedom and goals can be achieved. It all starts with little savings. Begin your revolution with a contribution to yourself with a savings account.
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| Total variable interest rate | Rate of Interest |
|---|---|
| Saving Deposits Balance upto ₹ 30, 000. | 4.00% p.a |
| Saving Deposits Balance above ₹ 30,000. | 4.30% p.a |
| Standard fees (fees may change) | Amount |
|---|---|
| Monthly service fee | ₹ 0.00 |
| Online Banking withdrawal | ₹ 0.00 |
| Telephone Banking withdrawal (self service) | ₹ 0.00 |
| Telephone Banking withdrawal (staff assisted) | ₹ 2.25 |
| Branch staff assisted withdrawal | ₹ 2.25 |
| ATM transactions | N/A |
| Account overdrawn fee | N/A |
| Outward dishonour fee | N/A |
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