Indian Bank SB Silver

What is Indian Bank SB Silver?

Indian Bank SB Silver is a savings bank account designed for individuals who are self-employed, professionals, or business people. It comes with benefits like personal accident insurance and free demand drafts.

Updated On - 04 Nov 2025

Overview of Indian Bank SB Silver

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SB Silver is a Savings Bank Account that can be availed by individuals alone or jointly with others. Young individuals who are self-employed, have regular employment or are professionals or business people may apply for this account.

Bank	Indian Bank
Category	SB Silver
Minimum Average Balance Requirements (MAB)	Rs. 5000- (monthly average).

Services Offered with Indian Bank SB Silver:

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The following services are provided with Indian Bank Savings Account:

Accident Insurance cover	The account comes with Personal Accident Insurance cover worth Rs. 1 Lakh (IB CHHATRA). This insurance cover is offered free of charge.
DDs	Per year, customer will be issued a maximum of 2 DDs totaling Rs. 5000-, free of cost.
Maximum amount	There is no upper limit

GST of 18% is applicable on all banking products and services from July 1, 2017 onwards.

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