State Bank of Hyderabad unveils new deposit scheme ‘SBH - Vrudhi 275 Days’

State Bank of Hyderabad (SBH), an associate of the banking major State Bank of India, has unveiled a new deposit scheme for 275 days ‘SBH - Vrudhi 275 Days’ for period less than a year.

‘SBH - Vrudhi 275 Days’ offers liquidity with 9% interest per annum and is open from September 2 to October 31. The depositors also get loan/overdraft on their deposits.

Besides, the minimum amount is Rs 10,000 while maximum is Rs 99,99,000. The customers may withdraw after seven days without penalty.