SBH launches new savings plan: Media Report

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SBH launches new savings plan: Media Report
State Bank of Hyderabad, an associate bank of State Bank of India has launched a new savings bank account scheme 'Christened SBH Platinum SB Account'.

Under the new saving bank account it is mandated to maintain an average quarterly balance of Rs 1 lakh or a deposit of Rs 10 lakh through a combination of savings bank account, term deposit and foreign currency non-resident/repatriable (FCNR) account.

The facility is also available to existing customers, said the media report. Moreover, a zero-balance account also can be opened and the average quarterly balance as above can be maintained during the calendar quarter, according to a release.

Dion Global Solutions Ltd.

Story first published: Wednesday, December 18, 2013, 12:58 [IST]
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