State Bank of Hyderabad was constituted as Hyderabad State Bank on 08.08.1941 under Hyderabad State Bank Act, 1941. The Bank started with the unique distinction of being the central bank of the erstwhile State of Hyderabad, covering present-day Telangana region of Andhra Pradesh, Hyderabad – Karnataka of Karnataka state and Marathwada of Maharashtra state, to manage its currency – Osmania Sikka and public debt apart from the functions of commercial banking. The first branch of the bank was opened at Gunfoundry, Hyderabad on 5th April, 1942.
Domestic Term Deposits
General | Senior Citizen | |
---|---|---|
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 455 days | ||
456 days to less than 2 years | ||
2 years to less than 3 years | ||
3 years to less than 5 years | ||
5 years and upto 10 years |
* Interest rates last updated on 16th Sep 2022