SBH Double ka Meetha

No extra interest of 20 bps will be paid if deposit is withdrawn prior to 60 months
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SBH Double ka Meetha
Features
  1. It is a Special Term Deposit Scheme.
  2. Minimum Amount is `10,000/- and in multiples of `1,000/- thereafter.
  3. Offering 20 basis points extra than the highest card rate
  4. Deposit Doubles in 91 months at 9.25% p.a. for Public
  5. Deposit Doubles in 87months at 9.75% for Senior Citizens
  6. No Penalty on premature payment if deposit runs more than 60 months
  7. No extra interest of 20 bps will be paid if deposit is withdrawn prior to 60 months.
  8. It can be opened by any resident and non –resident Indian individuals
  9. TDS is applicable, Nomination facility is available
  10. Loan is available on the deposit.
  11. Any change in the card rates will affect the period over which the deposit doubles.
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