#1
June 16th, 2016, 10:35 AM
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State Bank of Hyderabad FDR
Hello, I want to know the details of the rates of fixed deposits of the State Bank of Hyderabad, please provide me.
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#2
June 16th, 2016, 10:35 AM
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Re: State Bank of Hyderabad FDR
Hello, here I m providing you the details of the rates of fixed deposits of the State Bank of Hyderabad as under: Interest rates: Tenor of Deposit Below 1 crore 1 crores to 5 crores less than 10 crores 7 days to 45 days 6.00 5.75 5.75 46 days to 90 days 6.50 6.25 6.25 91 days to 179 days 6.75 6.50 6.50 180 days to less than 1yr 7.25 7.00 7.00 1yr to less than 2yrs 7.50 6.75 6.75 2yrs to less than 3yrs 7.50 6.75 6.75 3yrs and upto 5yrs 7.50 6.75 6.75 Above 5 yrs and upto 10 yrs 7.50 6.75 6.75 Features: 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 General Instructions The Senior Citizens would be offered 50 basis points higher than the normal rate for the Term Deposits of one year and above, provided they fulfill all the terms and conditions as laid down. Revised interests on deposits are applicable on new deposits and also the existing deposits on their renewal. The interest rate on Savings Bank account remains unchanged at 4.00% p.a. Term Deposit will be accepted for a maximum period of 10 years only. In case the depositor is a retired staff as well as senior citizen, the additional interest rates will be available under both categories. |
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