Bank FD Comparison Tool
South Indian Bank vs City Union Bank Fixed Deposit Comparison 2026
Compare Fixed Deposit interest rates, maturity amounts, and features between South Indian Bank (Private Sector) and City Union Bank (Public Sector). Analyze the security of public sector banking versus the convenience of private sector services.
South Indian Bank
Private Sector
VS
City Union
Public Sector
South Indian Bank: Min ₹1,000
City Union: Min ₹1,000
Security vs Convenience
DICGC Insured up to ₹5 Lakhs
Compare Your FD Returns
Adjust the parameters below to see how returns compare between the two banks
₹
Five Lakhs rupees
₹1,000₹20,00,000
years
1 year10 years
Interest Rate Comparison
Interest Rates by Tenure
General rates across different tenures
Current selection: 3 years (1095 days) -South Indian Bank: % |City Union: %
Side-by-Side Rate Comparison
Direct comparison of general rates
South Indian Bank
City Union
Highlighted = Your selected tenure
Feature Comparison
Features | South Indian Bank Private Sector | City Union Public Sector |
|---|---|---|
Minimum FD Amount | ₹1,000 | ₹1,000 |
Current Interest Rate(Selected Tenure) | % | % |
Premature Withdrawal Penalty | 1% | 1% |
Official Rate Source | View Official Rates | View Official Rates |
South Indian Bank
Private Sector Bank
Key Advantages:
Private sector bank
Competitive interest rates
Digital banking services
Online FD booking facility
Auto-renewal facility available
Senior citizens get +0.50% additional interest
Special schemes: Green Deposit (66 months), Tax Gain (5 years)
Wide branch network in South India
City Union Bank
Public Sector Bank
Key Advantages:
Competitive interest rates
Secure banking
Online services available
Important: Fixed Deposit Safety & Insurance Coverage
₹5 Lakh Insurance Limit
The Deposit Insurance and Credit Guarantee Corporation (DICGC) provides insurance coverage of up to ₹5 lakhs per depositor per bank. This means if you deposit more than ₹5 lakhs in a single bank, only ₹5 lakhs is guaranteed by the government.
⚠️ Recommendation:
Never deposit more than ₹5 lakhs in a single bank. If you have larger amounts, distribute them across multiple banks to ensure full insurance coverage.
Smart Distribution Strategy
For ₹10 lakhs: Split between South Indian Bank (₹5L) + City Union (₹5L)
For ₹15 lakhs: Add a third bank to the mix
Best of Both: Combine South Indian Bank (convenience) with City Union (security)
💡 Pro Tip:
You can also open FDs in different family members' names in the same bank to get additional ₹5 lakh coverage for each account holder.
Key Insights & Recommendations
Choose South Indian Bank If:
- •Minimum amount: ₹1,000
- •Private Sector banking preference
- •Private sector bank
- •Competitive interest rates
- •Digital banking services
Choose City Union If:
- •Minimum amount: ₹1,000
- •Public Sector banking preference
- •Competitive interest rates
- •Secure banking
- •Online services available
Best Strategy:
- •Split large amounts across both banks
- •Keep ≤₹5L per bank for insurance
- •Use South Indian Bank for convenience
- •Use City Union for stability
- •Review rates periodically
Explore more FD comparisons
Looking for a different bank matchup? Use these quick links to jump to other FD comparisons.
Compare South Indian Bank with other banks
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