All points will be given from 1 November 2016 onwards!!Below is the complete list of banking activities through which you earn SIB Reward Points:

Banking Activity

Description

SIB Reward Points

Relationship tenure For concluding first year of relationship with the bank 100 Points
Average Balance For maintaining average quarterly balance between
Rs. 25,000 to Rs. 1,00,000
25 Points
For maintaining average quarterly balance between
Rs. 1,00,001 to Rs. 5,00,000
50 Points
For maintaining average quarterly balance greater than  Rs. 5,00,000 75 Points
Recurring Deposit Account RD for Rs. 2000 or more for minimum 12 months 100 Points
Mobile Banking Activation For activation along with one payment/fund transfer within a month of account opening 100 Points
Internet Banking Activation For activation along with one payment/fund transfer within a month of account opening 100 Points
Dormant Accounts For activating an account which has been inactive for 2 years 100 Points
Salary Accounts Opening / transferring of salary account to South Indian Bank 100 Points
Transferring loans Transferring housing loan / car loan / retail asset product to SIB 50 Points for every
Rs. 1,00,000 transferred
Opening Premium SIB Account For opening of SB-Silver & above accounts SB Silver – 50 Points
Above Silver – 100 Points
Opening Premium Current A/c For opening of Premium current accounts – CD Smart & above 200 Points
Opening of Term Deposit Term Deposit for Rs. 1,00, 000 & above 100 Points
FCNR Deposits Opening of an FCNR Deposit 200 Points
Updating personal details Mobile Number 50 Points each (upto 100 points in a year)
E-mail ID
LPG Customer ID Linkage
SIB Mirror App Download For every SIB Mirror app download and account activation/registration 100 Points
POS Installation For every new POS machine installed 100 Points
Existing Reward Program
SIB Rewardz Earning Structure
SIB Debit Card type SIB Reward Points earned/Rs.100 spent
Maestro/Classic/Gold/Titanium Debit Card 1
Platinum Debit Card 1.25
World Debit Card 1.5
SIB Reward Points earned will be doubled in the case of international transactions. For example, a Classic Debit Card holder will earn 2 points per Rs.100 payment.
Bonus SIB Reward Points
Debit Card transaction & Service Activation* Bonus SIB Reward Points
First purchase with Debit Card within 2 months of issuance 50
Minimum of 5 transactions with spends over Rs. 10,000 within 2 months of issuance of Debit Card 50
Over Rs. 3,00,000 spends within a six month period 500