State Bank of Hyderabad
SBH Internet Banking
Go Direct
ATM and Branch Locators
Search
More Links
List of Farmers benefited under Debt Relief/Waiver 2008 ******************* Credit Flow to Minorites ******************* Scheme for one time settlement of dues ******************* Not a Tax Payer
News Tenders
Special Offers Forms
Feedback Form Complaint Form
Education Loan New Schemes
 

Maturity and Yield Calculator

 
Savings Bank
 

Opening a savings account with SBH is easy. Locate your nearest branch now from the list in the 'Contact Us' page.

You need to maintain a minimum balance in the account, as listed in the table: (Amount in Rupees)

TYPE
RURAL
NON-RURAL
Nature of account CHEQUE NON-CHEQUE CHEQUE NON-CHEQUE
Public -Individual 500 250 1,000 500
Public – Others 500 250 1,000 500
Staff – Individual 1 1 1 1
Pensioners 250 125 500 250

Can I open an account?
Yes, you can. Any individual, institution, society, or minor 10yrs old and above is eligible.

Facilities we offer:
• Nomination
• Single and Joint accounts
• Services such as payments to LIC and house rent at nominal costs
• Free account transfer facility between branches
• Half-yearly payment of interest @ 3.5% 

You are required to furnish the following as per Know Your Customer norms.

1)      Three recent passport size photographs

2)      Introduction from an existing account holder / person known to the Bank (account holder with minimum six months standing)

3)      Further to verify the identity and authenticity of the address you need to furnish one or more of each of the following list of documents.

List-1 (For verification of Identity)

              I.      Passport

             II.      Election ID card

            III.      PAN Card

            IV.      Government Defence ID Card

             V.      ID Cards of reputed employers

            VI.      Driving License

List-2 (For verification of Address)

              I.      Credit Card Statement **

             II.      Salary Slip **/ Letter from the Employer subject to satisfaction of the Bank

            III.      Income / Wealth Tax assessment order **

            IV.      Electricity Bill **

             V.      Telephone Bill **

            VI.      Property Tax Bill **

** (Latest / Recent)

Simplified KYC Procedure

Simplified KYC procedure is there for opening accounts of the persons who intend to keep balances not exceeding Rs.50,000/- (Rupees Fifty Thousand only) in all their accounts taken together and the total credit in all their accounts taken together not to exceed Rs.1,00,000/- (Rupees One Lakh only) in a year. In such cases the accounts may be opened subject to

a)         Introduction from another account holder who has been subjected to full KYC procedure. The introducer’s account with the Bank should be atleast six months old and should show satisfactory transactions. Photograph of the customer, who proposes to open the account and also his / her address need to be certified by the introducer.

OR

b)   Any other evidence as to the identity and address of the customer to the satisfaction of the Bank.



Click here for account opening form

Customer Rights Forms Government Business Tenders Sports Links Customer Support
©2008 State Bank of Hyderabad. Click here to go to Hindi Website                                    website developed by Catalytic Software, Inc.