SIB Business Plus

Name: SIB Business Plus
Brand: South Indian Bank
Price: 2000 INR

Business card rewarding operational and utility spends.

Mid

Co-brand · Business

UPI

business

utilities

Annual fee

₹2,000/yr

Waived @ ₹3.3L spend

Joining fee

₹2,000

Forex markup

3.5%

Reward value

₹0.25/pt

SIB Reward Points

Earns SIB Reward Points (points) · 1 unit ≈ ₹0.25 · expires in 24 months

3x on business spends

Business spends

4 pts / ₹100 ≈ 1.0%

2% on utilities

Utilitiescap ₹2K/month

2% back

Base 1 pt / ₹100

1 pts / ₹100 ≈ 0.3%