State Bank of Hyderabad (SBH) is a nationalized bank in India, with headquarters at Hyderabad, Telangana. The Bank was established in 1941.

It is one of the five associate banks of State Bank of India.

The Bank's head office is situated at Gunfoundry Area, Hyderabad, India. SBH has over 2,000 branches an

Recurring Deposit Plus Account (RD+)

Segment : All segments except C&I Segment.

Type of Account : Recurring Deposit (Term Deposit Account)

Availability of the Scheme : At all branches of their Bank

Period of Deposit :

Minimum 24 Months and in multiples of 12 months there after upto a Maximum of 120 Months

Amount of Deposit. :

Equal monthly instalments with a minimum of `1000/- and in multiples of `100/- thereof. Increase / decrease of instalment at a later date is not permitted.

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

Personal Loans to “RD +” Account holders.

All “RD +” account holders after completion of six months from the date of opening “RD+” Account If the monthly instalments in “RD +” Account are regular.

Transfer of Account : Permitted before sanction of loan

Premature closure :

Premature closure of “RD +”is permitted.
But no interest is payable if prematurely closed before completion of six months.

Customer service: 1800 425 1825