State Bank of Hyderabad (SBH) has launched `SBH Smart Salary’ (SSS) campaign for the salaried class from Friday.
The campaign, to be in force till October 31, 2014, would offer zero balance accounts and with facilities such as multi option deposits for automatically investing surplus funds over threshold limit of Rs 10,000 to earn higher rate of Interest, overdraft up to three months net monthly salary, among others.
The additional benefits offered to the customers opening SSS Accounts during campaign period were personal accident insurance cover of Rs 2 lakh of SBI General Insurance, first year premium free and 0.25 per cent reduction in processing fee on personal loans, according to a release.
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