account with State Bank of Hyderabad (SBH)
Any resident Indian can open an savings account with SBH. The minimum balance is Rs. 500 and the balance has to be held in Indian Rupees. Cheque book facility is available and for local payments, residents can be authorized to operate. Standing instructions are accepted with this account.
Fixed deposit scheme of SBH
The minimum amount deposited is Rs. 500 and the balance has to be held in Indian Rupees. Interest is payable quarterly or monthly at discounted value. This scheme has a provision wherein the bank can be authorized to pay interest to any one in India. The period of deposits range from 6 months to 10 years. Loan facility is also available against the security of the deposits. Automatic renewal facility is available on maturity.
Special Term Deposit account
Top / Back Personal Finance Home / Banking Home