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State Bank of Hyderabad FD Rates

The State Bank of Hyderabad has merged with the State Bank of India on 31st march 2017

State Bank of Hyderabad FD Rates 2019

Interest Rates on Savings Bank Deposits With effect from 31st July, 2017:

ParticularsRate of Interest
Saving Deposits Balance up to Rs. 1 cr3.50% p.a.
Saving Deposits Balance above Rs. 1 cr4.00% p.a.

State Bank of Hyderabad FD Rates for Domestic Term Deposits –Below Rs. 2 cr: w.e.f. 22nd February, 2019

TenorsExisting for Public w.e.f. 28.11.2018Revised for Public w.e.f. 22.02.2019Existing for Senior Citizens w.e.f. 28.11.2018Revised for Senior Citizens w.e.f. 22.02.2019
7 days to 45 days5.755.756.256.25
46 days to 179 days6.256.256.756.75
180 days to 210 days6.356.356.856.85
211 days to less than 1 year6.406.406.906.90
1 year to less than 2 year6.806.807.307.30
2 years to less than 3 years6.806.807.307.30
3 years to less than 5 years6.806.807.307.30
5 years and up to 10 years6.856.857.357.35

State Bank of Hyderabad FD Rates on Domestic Bulk Term Deposits (Rs. 2 crore To Rs. 10 crore) w.e.f. 22nd February, 2019

TenorsExisting for Public w.e.f. 28.11.2018Revised for Public w.e.f. 22.02.2019Existing for Senior Citizens w.e.f. 28.11.2018Revised for Senior Citizens w.e.f. 22.02.2019
7 days to 45 days5.755.756.256.25
46 days to 179 days6.256.256.756.75
180 days to 210 days6.356.356.856.85
211 days to less than 1 year6.406.406.906.90
1 year to less than 2 year6.706.707.207.20
2 years to less than 3 years6.756.757.257.25
3 years to less than 5 years6.806.807.307.30
5 years and up to 10 years6.856.857.357.35

State Bank of Hyderabad FD Rates on Domestic Bulk Term Deposits (above Rs. 10 crore): w.e.f. 2nd February, 2019

TenorsExisting for Public w.e.f. 28.11.2018Revised for Public w.e.f. 22.02.2019Existing for Senior Citizens w.e.f. 28.11.2018Revised for Senior Citizens w.e.f. 22.02.2019
7 days to 45 days5.755.756.256.25
46 days to 179 days6.256.256.756.75
180 days to 210 days6.356.356.856.85
211 days to less than 1 year6.406.406.906.90
1 year to less than 2 year6.706.707.207.20
2 years to less than 3 years6.756.757.257.25
3 years to less than 5 years6.806.807.307.30
5 years and up to 10 years6.856.857.357.35

Features of the State Bank of Hyderabad FD Account

  • Offers attractive interest rates for varied tenor options with lower FD rates for senior citizens.
  • Includes the flexibility of loan facility against Fixed Deposits
  • Premature penalty for Bulk Term Deposits for all tenors is 1%
  • FD rates at the State Bank of Hyderabadare applicable on all new deposits and renewals
  • There is no discretion for reduction/waiver of penalty for premature withdrawal of term deposit
  • State Bank of Hyderabad FD rates on NRO term deposits are the same as the domestic term deposit rates
  • Includes Nomination Facilities
  • Eligibility for tax benefits as per Section 80C of the Income Tax Act, 1961

Eligibility Criteria for State Bank of Hyderabad FDs

  • Indian citizen
  • Hindu Undivided Family (HUF)
  • Private limited company
  • Public limited company
  • Trust, and
  • Partnership firm

FAQs on State Bank of Hyderabad FD Rates

What is the interest rate that State Bank of Hyderabad Fixed Deposit offers on senior citizens FDs?

The highest FD rate at State Bank of Hyderabad for senior citizens is 7.35% for a tenure between 5 years and 10 years.

Can I make alterations to the tenure of my ongoing State Bank of Hyderabad Fixed Deposit?

No, once you have decided on the tenure at the time of starting a FD with State Bank of Hyderabad, you cannot change it later.

How to open a State Bank of Hyderabad Fixed Deposit account without a PAN card?

Instead of your PAN card, you can submit Form 16, filled up with accurate details, while starting a Fixed Deposit with State Bank of Hyderabad.

What is the highest State Bank of Hyderabad FD rate?

The highest FD rate at State Bank of Hyderabad is 6.85% for a tenure between 5 years and 10 years. What are the FD tenure options with State Bank of Hyderabad Fixed Deposit? The below are FD tenure options offered by State Bank of Hyderabad:

  • 7 days to 45 days
  • 46 days to 179 days
  • 180 days to 210 days
  • 211 days to less than 1 year
  • 1 year to less than 2 years
  • 2 years to less than 3 years
  • 3 years to less than 5 years
  • 5 years and up to 10 years

What is the minimum amount required to start a State Bank of Hyderabad Fixed Deposit account?

The minimum amount required to start a Fixed Deposit with State Bank of Hyderabad depends on the scheme you have selected. It starts from Rs. 10,000, and is lower for tax saving FDs.

What is the eligibility criteria to open a State Bank of Hyderabad Fixed Deposit account?

Any of the following categories are eligible for opening a Fixed Deposit with State Bank of Hyderabad:

  • Indian citizen
  • Hindu Undivided Family (HUF)
  • Private limited company
  • Public limited company
  • Trust, and
  • Partnership firm

Can I open my State Bank of Hyderabad Fixed Deposit without a PAN card?

Yes, you can open a FD with State Bank of Hyderabad by submitting a filled up Form 16 instead of your PAN card.