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June 7th, 2016, 02:28 PM
Super Moderator
 
Join Date: Mar 2013
Re: State Bank of Hyderabad RD Interest Rates

Hello, here I am providing you the details of the RD Interest Rates in the State Bank of Hyderabad as under:

Recurring Deposit Scheme
Avail individual or joint accounts for a period of 12 months to 10 years. Enjoy deposit facility as low as Rs 100 per month.

Features and Benefits
The schemes are available at all branches of State Bank of Hyderabad.
The monthly instalments range from Rs 100 to Rs 100000.
All residents of India, including minors, are eligible for State bank of Hyderabad recurring deposits.
Both single and joint accounts can be availed by customers.
Avail great loan facility up to 90% of the principal contribution and interest.
From a child’s education to purchasing a house, the recurring deposit scheme is a great solution to your financial issues.
TDS is exempted.

Interest rates:
For a period of 12 months to 10 years, the interest rate on an amount below Rs. 1 crore is 8.25% and for an amount above Rs. 1 crore, the rate is 8%.

Eligibility:
All individuals above the age of 18 years.
Singly OR
Jointly and payable to E or S / F or S / L or S / Jointly.
More than two persons payable to any one or more of them or payable jointly.


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