SBH Launches Deposit Scheme

Published: 02nd September 2014 06:00 AM  |   Last Updated: 02nd September 2014 01:48 AM   |  A+A-

HYDERABAD: The State Bank of Hyderabad (SBH) on Monday launched a new deposit scheme SBH - Vrudhi 275 days, which offers liquidity combined with higher rate of return to depositors for their medium period investment of less than an year.

The scheme, operational from September 2 to October 31, offers nine per cent interest per annum with a deposit between `10,000 and `99,99,000.


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