State Bank Of Hyderabad FD Interest Rates

I want to do Fixed Deposit in State Bank of Hyderabad (SBH) so can you please tell me the interest rate on Fixed Deposit FD in this bank?

[Kiran Chandar]

State Bank of Hyderabad (SBH) is a nationalized bank in India. It is one of the five associate banks of State Bank of India and is one of the scheduled banks in India. It was established in 1941.

SBH Fixed Deposit interest rate-

Tenor of Deposit Below ` 1crore ` 1 crores to less than ` 10 crores and above
w.e.f. 20.11.15 ` 10 crores w.e.f. 02.11.2015 w.e.f. 02.11.2015

7 days to 45 days 6.00% 5.75% 5.75%
46 days to 90 days 6.50% 6.00% 6.00%
91 days to 179 days 6.75% 6.25% 6.25%
180 days to less than 1yr 7.50% 6.50% 6.50%
1yr to less than 2yrs 7.75% 7.00% 6.75%
2yrs to less than 3yrs 7.75% 6.75% 6.50%
3yrs and upto 5yrs 7.75% 6.75% 6.50%
Above 5 yrs and upto 10 yrs 7.75% 6.75% 6.50%

For deposits of Rs.10 cr and above, branches should obtain prior approval from Head Office before accepting/renewal of bulk deposits

Fixed Deposits features-

Fixed Deposits accounts can be opened for a minimum period of 15 days to a maximum period of 10 years.

However, for deposits of `15.00 lacs and above, a term deposit can also be opened between 7 to 14 days.

Loans/ Overdraft facility (upto 90% of deposit amount) against deposits are available

Auto renewal facility on maturity of the deposit

The interest is paid at Monthly, Quarterly, Half-Yearly and Yearly intervals as per the option of the customer

TDS will be applicable as per I.T Rules