State Bank of Hyderabad

State Bank of Hyderabad has three types of credit cards for its customers which are as follows:

Laghu Udyami:

• This card is for the customers of MSME category whose bank accounts are sufficiently conducted for at-least one year.

Swarajgar:

• This card is introduced to provide sufficient and on time working capital to small scale artisans, Fishermen etc.

Kisan Credit Card (KCC):

• It is introduced to provide sufficient and timely credits to farmers for their short-term crop productions.

Credit Card Statement

Whenever the customer makes any transaction with his credit card, it is recorded in a transaction list which is then sent after the end of a monthly billing cycle which shows the outstanding balance of the card to be paid. This list is called the Credit Card Statement.

The bank offers the various saving accounts which earn at an annual rate of 4%.This interest is calculated on the daily balances in the savings account. Below are the Saving Accounts provided by State Bank of Hyderabad:

• SBH Sahaj Plus Accounts:

Eligibility	Mode of Operation	Minimum Balance Amount	Maximum Balance Amount	Interest Rate
As per Regular Savings Account	Singly or Jointly	NIL	No Upper Limit	As per Regular Savings Account

• SBH Sahaj (small accounts):

Eligibility	KYC Requirement	Initial Deposit Amount	Minimum Deposit Amount	Maximum Deposit Amount
As per Regular Savings Account	Liberalised	NIL	NIL	Rs 50,000

• SBH Platinum SB Accounts:

Eligibility	Mode of Operation	Amount of Deposit	Penalty	Target Group
All Categories	Single or Jointly	Rs 1 lakh AMB (Quarterly)	Rs 100 quarterly on non maintenance of the minimum quarter balance	High net worth

• Savings Bank Accounts

Eligibility	Stipulated Minimum Balance	Nomination Facility	Insurance	TDS
Individuals, HUFs, NRIs, Trusts (Singly or Jointly)	Public Individuals & Other: NIL Pensioners: NIL	Available	Personal Accident Insurance	Not Applicable

• Savings Plus Accounts

Eligibility	Stipulated Minimum Balance	Cheque Facility	Auto Sweep & Reverse Sweep	Other Benefits
Individuals including minors aged 10 years and above	Average Quarterly Balance of Rs 5,000	Free 50 multi-city cheque leaves	Higher interest rate on any amount the minimum requirement of Rs 10,000	Free statement of account DEMAT account Free fund transfers Free mobile banking

• SBH Smart Salary Accounts

Minimum Balance	Internet Banking	Minimum balance for sweep	Processing charges	Demat Account
Zero Balance account	Free	Rs 15,000 (SSS Platinum) Rs 10,000 (SSS Gold) Rs 5,000 (SSS Silver)	No Processing charges	At request

Below are the fixed deposit accounts offered by State Bank of Hyderabad:

Short-term Fixed Deposit Rates:

• The interest rates on short-term ranges from 5.75%to 7.30% per annum.

• The interest rate for deposit for 1 year to 5 year ranges from 7.45% p.a.to 7.25% p.a. losing 0.2% rate in the fifth year

• The lowest interest rate offered to the senior citizens is 6% per annum and the highest is 7.8% per annum that is extra 0.3% interest rate as compared to all the non-seniors.

SBH offers a wide variety of loans that cater to all the different needs and requirements of the customers be it home, personal or educational. The different types of offered loans are as follows:

• Skilling Loan Scheme
• Hyderabad Zone Builders’ List
• Monsoon Dhamaka
• Car Loan Along With Home Loan
• SBH Home Loans
• Gold Loan
• Smart Card II Plus
• SBH Education Loan- Gyan Shakti
• SBH Home Cash
• SBH Prashanti Scheme
• Home Loans
• Used Car Loans
• Educational Loans
• Mortgage Loans
• Reverse Mortgage Loans
• Personal Loan Scheme

State Bank of Hyderabad offers different types of accounts for the saving needs of NRIs. The accounts offered include:

• NRE Account: This account is a type of savings and current account that can be maintained in the form of Indian Rupee earning an interest at 4% p.a.
• NRO Account: This account can be in the form of savings and current account, fixed deposit and special term deposits and is maintained in foreign currency and is non-repatriable.
• FDR Account: It is a type of term deposit and the amount as well as the interest earned is fully repatriable.
• STDR Account: This account is maintained in the form of term deposits and the principal amount as well as the earned interest is fully repatriable.
• SBH Rupee Max Gain Deposit: This account is maintained under foreign currency namely USD, GDP, and EURO with an added advantage of rupee loan facility.
• FCNR Account: This account is kept in term deposits and is maintained in the form of foreign currency namely USD, EURO, STP, CAD and AUS.
• RFC Account: This account can be availed either in the form of savings, current or term deposits and can be maintained only in USD currency.

SBH allows its customers to enjoy the facility of internet banking for their banking transactions. The accountholders of the bank can make the following transactions online:

• Generating the account statement
• Getting to know the balance
• Issuing any demand drafts or cheque
• Funds can be transferred
• Deposit accounts can be opened online
• Taxes or other utility bills can also be paid online