Folio charges in South Indian Bank are fees the bank takes for maintaining and recording a certain number of transactions (a “folio”) in your account, usually in current accounts rather than normal savings accounts.

What “folio” means in banking

  • A “folio” is basically a block of entries (transactions) in your account ledger or statement.
  • Many banks define one folio as a fixed number of entries (for example, 25 entries = 1 folio) and then charge per folio once free limits are crossed.
  • This concept is more common in current accounts, business accounts, or older tariff structures, not usually for regular savings customers.

So what are folio charges in South Indian Bank?

South Indian Bank, like other banks, publishes a detailed “Compendium of Service Charges” where folio/ledger-related charges for different types of accounts are listed. In practice, “folio charges” for SIB usually mean:

  • A fixed amount charged per folio (per fixed block of entries) in certain current or special accounts.
  • Often applied half‑yearly or quarterly, especially for business‑oriented products.
  • Savings accounts today generally do not face separate folio charges; instead, they have minimum balance penalties, transaction charges, etc., which are clearly listed product‑wise.

Because South Indian Bank frequently updates charges, the exact rupee amount per folio and which account types it applies to can change, and the latest official PDFs are the only reliable source.

How to check your exact folio charges in SIB

To know the precise amount and whether it applies to your account:

  1. Look at the “Compendium of Service Charges” on the official South Indian Bank website (usually under Service Charges / Downloads). Search inside the document for words like “folio”, “ledger folio”, or “current account”.
  1. Check your specific product name (e.g., Current Account variant, special business account, etc.) because different variants have different tariffs.
  1. Review your recent account statement to see if any “folio charge” or “ledger folio charge” line item has been debited, and note the period it covers.
  2. If it’s unclear, contact branch or customer care and ask:
    • What is the folio/ledger charge for my account type?
    • From what date is it effective, and how often is it debited?

Quick example

Suppose a business current account has a tariff like: “₹125 per 25 entries (one folio) per quarter beyond free limits.” Then:

  • First X entries in the quarter may be free (depending on product).
  • Once you cross that free slab, every additional block of 25 entries (one folio) can attract ₹125 as folio charges.

This is just an illustration based on typical bank folio structures; your South Indian Bank account may have different numbers, or may not have folio charges at all if it is a regular savings product.

Bottom note: Information gathered from public forums or data available on the internet and portrayed here.